5.09.2006

Statistical ammo...

..to use against the next wingnut you hear saying that unemployment is down.
The Bureau of Labor Statistics payroll jobs report released May 5 says the economy created 131,000 private sector jobs in April. Construction added 10,000 jobs, natural resources, mining and logging added 8,000 jobs, and manufacturing added 19,000. Despite this unusual gain, the economy has 10,000 fewer manufacturing jobs than a year ago.

Most of the April job gain –72%–is in domestic services, with education and health services (primarily health care and social assistance) and waitresses and bartenders accounting for 55,000 jobs or 42% of the total job gain. Financial activities added 26,000 jobs and professional and business services added 28,000. Retail trade lost 36,000 jobs.

3 comments:

KoalaBear said...

On the plus side: 131K + 10K + 8K + 19K + 55K + 26K + 28K = 277K jobs created in April
On the negative side: 10K = 10K jobs lost in April

I'm a wingnut, so please help me with the math here.

Tom said...

It's not math you need help with, you moron, it's reading comprehension. Total jobs were 131,000, and of those, Construction added 10,000 jobs, natural resources, mining and logging added 8,000 jobs, and manufacturing added 19,000.

KoalaBear said...

Yep, I'm a moron. Had I comprehended this post a wee bit better, I would have noted that, despite a loss of 10K manufacturing jobs, and 36K retail jobs, the economy still had a net increase of 131K jobs in the private sector alone.

Thank's for clarifying my point for me. Yu no us wengnuts kant reed.