Friday, January 6, 2006

DISMAL JOB NUMBERS STILL LOOK FAKED...

READ IT AND WEEP...OR LAUGH OUT LOUD...

The notion that manufactuing is "booming" while construction is falling is a bit nutty...given the nature of the US economy recently.


And the other "good news" is so evenly divided again that it looks contrived...

Retailing is plunging as people run out of money to spend...and many are simply dropping out of the work force rather than look for jobs that don't exist...or that don't pay a living wage.

The entire thing gives the impression of trying to give a good impression...

Clearly, happy days are queer again!



Nonfarm employment....... 133,969p134,294 134,055p134,360p134,468 p108

Goods-producing(1)..... 22,152 p22,236 22,197 p22,250 p22,262 p12
Construction......... 7,262 p7,324 7,299 p7,341 p7,332 p-9
Manufacturing........ 14,258 p14,268 14,257 p14,265 p14,283 p18

Service-providing(1)... 111,817p112,058 111,858p112,110p112,206 p96
Retail trade(2)...... 15,221 p15,181 15,178 p15,190 p15,175 p-16
Professional and
business services.. 16,995 p17,113 17,051 p17,127 p17,160 p33
Education and health
services........... 17,417 p17,476 17,443 p17,480 p17,505 p25
Leisure and
hospitality........ 12,798 p12,798 12,755 p12,808 p12,831 p23
Government.......... 21,841 p21,871 21,850 p21,874 p21,888 p14