Friday, June 4, 2010

May jobs report: statistical skulldugery

May jobs report: Unemployment lower - Jun. 4, 2010:
"May jobs report: Census boosts payrolls
NEW YORK (CNNMoney.com) -- A flood of temporary Census workers in May led to the biggest jump in jobs in ten years, the government reported Friday.
Employers added 431,000 jobs in the month, up from 290,000 jobs added in April. It was the biggest gain in jobs since March 2000.

Census hiring was responsible for 411,000 of May's increase in employment, but private sector employers also added 41,000 jobs in the period. Government payrolls other than Census declined by 21,000 jobs in May."


More statistical juggling from Washington. Census "jobs" are NOT jobs. They are extremely temporary situations. Real "jobs" are full-time, long term, paying at least the industry average, and offer benefits.

The last sentence it that article says it all:
"But the problem of long-term unemployment continued to worsen as those out of work more than six months rose to a record 6.8 million, or nearly half of all unemployed workers."

And even those jobs that qualify as "jobs" have problems:

Say goodbye to full-time jobs with benefits
"NEW YORK (CNNMoney.com) -- Jobs may be coming back, but they aren't the same ones workers were used to.
Many of the jobs employers are adding are temporary or contract positions, rather than traditional full-time jobs with benefits. With unemployment remaining near 10%, employers have their pick of workers willing to accept less secure positions.

In 2005, the government estimated that 31% of U.S. workers were already so-called contingent workers. Experts say that number could increase to 40% or more in the next 10 years."

The situation is obviously bad, unfortunately the one Government agency that is supposed to understand the issue, the Dept. of Labor, obviously does not.

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