THE "SEASONALLY ADJUSTED" NUMBER OF 290,000 IS THE HEADLINE NUMBER...BUT WHAT DOES IT MEAN...WHEN UNEMPLOYMENT IS UP TO 9.9%....?
THE RISE IN GOVERNMENT AND HOSPITALITY JOBS LOOKS SUSPICIOUS...
AND THE HUGE DECLINE IN TRANSPORTATION SERVICES SEEMS TO INDICATE THAT THINGS ARE NOT EXACTLY FIRING ON ALL CYLINDERS...WHATS UP THERE...THAT SECTOR WOULD SEEM TO LEAD A RECOVERY...NOT DECLINE DURING IT.
FURTHER...THE SO CALLED SEASONAL ADJUSTMENTS...MAY BE VERY MISLEADING IN THIS STRANGE NEW POST BUBBLE ECONOMY...
