Quote:
Originally posted by fintstone
Gee tech...I imagine yuou had to look long and hard to find a chart that was old enough that it did not show last month where we broke the all-time employment record...what is that last dateon your chart...last Jan..almost a year ago???How convenient?
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Still reading-impaired, eh? The chart goes through May.
Last month's employment increase didn't break any 'all-time record.' In fact, it was about an average monthly gain for the past 20 years or so.
Under normal circumstances, total payroll, seasonally adjusted, should grow about 120K per month, reflecting population dynamics and anything better than a stagnant economy.