Monday, February 10, 2014

About Those 2.9 Million Jobs Lost In January...

For the real answer we have to go to the BLS' non-seasonally adjusted data series. It is here that we find that in January, some 2.870 million real, actual jobs were lostnot gained. Putting this further in perspective, the number of NSA jobs losses in January 2014 was greater than in January of 2013, 2012, 2011 and tied that of 2010. In fact only during the peak of the depression in January 2009 was there a greater NSA drop in the first month of the year when 3.691 million jobs were lost.

http://www.zerohedge.com/news/2014-02-09/about-those-29-million-jobs-lost-january

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