“Let’s review. The U.S. added 288,000 jobs in April, the biggest spike since January 2012. The increase in employment is measured by the so-called establishment survey that quizzes private firms, government worksites and nonprofit institutions. Yet the size of the labor force sank by 806,000. That’s the biggest drop since a 848,000 plunge in October and you have to go all the way back to 1981 to find another 800,000-plus decline. Labor-force changes are measured by the ‘household’ survey that interviews Americans directly. ‘You have drastically different messages offered by the establishment and household surveys,’ said Stephen Stanley, chief economist of Pierpont Securities.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Bank of China New York opens Queens branch
Marine recruiter 'sexually assaulted two teen recruits' at his office and home where he lives with w...
NSA admits: Our analysts ‘willfully violated’ rules of surveillance system
Russian official demonizes U.S. for ‘inhumane torture’ of adopted children
Holocaust survivor and US tax fugitive Marc Rich dies at 78 in Switzerland
Now TSA agents are testing drinks purchased INSIDE the airport
Gambling Website’s Bitcoin-Denominated Stock Draws SEC Inquiry
Indian Jeweler Becomes Billionaire as Gold Price Surges
Mexican vigilantes seize town, arrest police
CIA helping boost arms shipments to Syria rebels
Chinese Internet users hit 564 million in 2012
World's Biggest Pension Fund Loses $64 Billion Amid Equity Rout
Bakken Oil Explorers Told to Cut Flaring or Face Oil Production Caps
Senators Vote To Block Marijuana Banking Amendment
Angry South Koreans flood banks after data leak