Friday, March 9, 2007

JOBS LIE IN SUMMARY...

Nonfarm employment.......97,000

Goods-producing.....p-71,000

Construction .......p-62,000
Manufacturing .......p-14,000

Service-providing....p168,000

Retail trade.....p7,000

Professional and business services....p29,000
Education and health services .......p31,000
Leisure and hospitality .......p31,000
Government ........p39,000

HERE'S THE BASIC "JOBS LIE" THAT THEY EXPECT YOU TO BELIEVE FOR FEBRUARY...

THERE IS THE "USUAL SUSPECTS"....  THE "WEAK THREE"  CONSTRUCTION, MANUFACTURING AND RETAIL...

AND THE "STRONG THREE" TEMPS, HOTELS,  HEALTH CARE & "EDUCATION" AND GOVERNMENT...

SO IT'S REALLY ALL ABOUT A STRONG PUBLIC SECTOR AND HEALTH CARE...AND EVERYTHING ELSE BASICALLY STINKS...

BUT HEY,  IT'S GOOD ENOUGH FOR GOVERNMENT WORK...AND A BIG RALLY ON WALL STREET...!