Friday, August 03, 2007

WSJ/NBC Poll Disputes "Pollyanna" Pubbie View

Well, maybe everything's coming up roses.

And maybe not.

Most interesting is the poll's finding that "Jobs Going Overseas" is the #2 concern of those polled. And that ain't good news for the Pubbie Pollyannas.

At the same time, BLS reports 92K new jobs last month, (non-farm private employment) while ADP (a payroll processor) has reported only 48K. The BLS stat is WAY under 'consensus,' which expected 127K.

Merely keeping up with population growth requires about 125-140K jobs/month.

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