Friday, September 02, 2011

Zero for August

NO new jobs in August.

More cowbell, I suppose.  Speechification will fix it!!


Job gains in June and July were revised lower, to show 57,000 fewer jobs added. The downward revisions were all in government jobs. The average work week also declined and hourly earnings fell by 3 cents to $23.09.

That last item is noteworthy, especially if it goes the same way next month.

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