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Really More Jobs?

© Copyright Frank D. Kanu 2000-2008

The Labor Department reports that despite a slight increase of the national unemployment rate the US Economy added 11,000 new jobs.

That would be good news—if not:

The department now says 89,000 jobs were created in August, rather than the 4,000 that it reported last month were lost. It also said 93,000 jobs were created in July instead of 68,000 it previously reported — a total of 118,000 more jobs in the July-August period than it had earlier estimated.

How can someone trust a Federal agency or their system that get’s data messed up that much?

How important are those number anyway? Is there any indication that naming these numbers and correcting them has a positive influence on the job market?

Is the Economics going uphill or downhill?

Yes - Up
No - Down
I don’t know
Ask me in 6 months…
None of the above—I post a comment

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Related Postings:

• Slow Growth?
• Economics—up or down?

Tags:

adds  economy  indication  job  jobs  national unemployment rate  new jobs  positive influence
 Technorati (All Links are external): adds  economy  indication  job  jobs  national unemployment rate  new jobs  positive influence  business  leadership  management  politics
 

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• Frank Kanu on Friday, October 5th, 2007 @ 08:22
  
• Filed under Business, Leadership, Management, Politics
  

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