Jobs picture may be weaker than data shows

[TexasLawyer]

Jobs picture may be weaker than data shows
Jul 6, 2007 1:54PM EDT

By Joanne Morrison - Analysis

WASHINGTON (Reuters) - The economy has been adding jobs at a steady clip, a government survey of employers showed on Friday, but there are signs the labor market may not be as strong as the data suggests.

Temporary employment is falling, labor force growth has slowed, the number of employees working part time to make ends meet has risen and jobs growth, as measured by a separate survey of households, has been cooler. In addition, the so-called quit rate, a gauge of the pace at which people leave the work force, is declining, suggesting workers are leery about their ability to find new employment.

While manufacturing and construction payrolls have shrunk over the past year -- with all the nation's job growth coming from the services side of the economy -- many economists believe the drop in construction employment is understated.

If the true extent of the housing downturn were reflected, they say, overall job gains would not appear so strong.

<snip>

http://www.reuters.com/article/reutersEdge/idUSN0641619720070706

[blues90]

1. I know the new job growth rate is padded and a scam

look at the online job sites , sure there are jobs but what jobs they are , crap jobs and many are part time low pay . Plus the count is way down compared to even 6 months ago .

They can list any job even a part time as a growth rate but this does not reflect reality .

[Edweird]

2. Are you suggesting that our government might knowingly disperse false information?

Oh the thought!
:sarcasm:

Anybody looking for work can tell you things aren't good.