According to the BLS payroll jobs data,7 over the past half-decade (January 2001 - January 2006, the data series available at time of writing) the U.S. economy created 1,050,000 net new private sector jobs and 1,009,000 net new government jobs for a total five-year figure of 2,059,000. That is seven million jobs short of keeping up with population growth, definitely a serious job shortfall.Big Brother keeps up its' growth rate.
Sunday, October 01, 2006
At Look At Job Growth
Counterpunch reports: