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Detail behind the Sept. jobs numbers >>>>

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Roland99 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-05-07 07:39 AM
Original message
Detail behind the Sept. jobs numbers >>>>
Edited on Fri Oct-05-07 07:39 AM by Roland99
http://www.marketwatch.com/news/story/job-growth-rebounds-110000-september/story.aspx?guid=%7B995AF0FC%2D2004%2D4FE6%2DB8BA%2D1839FD965B13%7D

Manufacturing jobs fell by 18,000. Construction jobs dropped by 33,000. Jobs in the financial services fell by 14,000 for a second straight month, evidence of the carnage in the mortgage industry. Employment in credit intermediation has fallen by 46,000 since February.

Payrolls in health care increased by 33,000 and food-service jobs rose by 25,000. Those two industries account for more than half of the job growth so far this year, the Bureau of Labor Statistics noted.



Would you like fries with that?

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MADem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-05-07 07:44 AM
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1. Bloomberg is saying it would be worse if not for a shitload of government hiring masking the true
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ChairmanAgnostic Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-05-07 07:52 AM
Response to Reply #1
4. you mean the kids we send to Iraq/Iran? there is that, I suppose.
but how many of them are coming back whole, safe and sound?
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MADem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-05-07 07:55 AM
Response to Reply #4
5. No--I don't think they're counted. I'm talking about make work crony jobs
Some might well be contractor jobs, like our friends at Halliburton specialize in....
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ChairmanAgnostic Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-05-07 07:57 AM
Response to Reply #5
7. makes sense.
over the past year, my outstandings have tripled, as clients have serious problems paying their bills, much less my fees. Each case is understandable, but the sum really impacts me. The economy is in the gutter. Period.
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Subdivisions Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-05-07 07:45 AM
Response to Original message
2. But Ali Velshi JUST NOW said that there were 110,000
jobs created in September. He wouldn't lie...would he?
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Lithos Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-05-07 07:49 AM
Response to Original message
3. Ah, McJobs on the rise
Instead of higher paying career-based jobs.

L-
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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-05-07 07:57 AM
Response to Original message
6. those two headlines conflict
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Roland99 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-05-07 09:17 AM
Response to Reply #6
8. What two?
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