How Do You Miss 810,000 New Jobs?

Monday, October 09, 2006

How Do You Miss 810,000 New Jobs?

By Rob on October 9, 2006 at 03:05 pm

Hard to say, but the mainstream media managed to do it:

It took the Department of Labor several months to locate 810,000 new jobs it had overlooked – but network news still hasn’t found them, despite the agency’s report on October 6.

The employment report was full of positive news: unemployment down to 4.6 percent; 51,000 new jobs created in September; job creation revisions of 60,000 for August and 10,000 for July and the piece de resistance: 810,000 more new jobs from March 2005 to March 2006.

The networks barely mentioned any of the news, and none reported the huge revision to the past year’s numbers.

Unbelievable...and yet, given the state of today’s media, all to believable.

Comments

Oh, sure, but those are all burger flipper jobs; not like those great imaginary Internet jobs financed with promises of stock options, Clinton/Gore created in the nineties!

Kevin Flanagan on October 9, 2006 at 05:50 pm

actually, select portions were reported:
“Job growth slowed in September”

Basically, the economy added jobs, but it’s never enough, so let’s put up another bad photo of W and ignore anything positive about the latest report of job creation and a strengthening economy.

electnixon on October 10, 2006 at 03:24 am

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