Private sector adds more jobs than expected in January

Comments (5)
byrond2 wrote:

I’m sure that there was no net gain of jobs, it’s all seasonal adjustments. It’s also amusing how they know how many jobs were added this month before the month is over. Statistics and conjecture.

Jan 30, 2013 8:39am EST  --  Report as abuse
AZreb wrote:

In February can we look for a drop of 30,000 as we see in the drop of December’s number? That would mean only 162,000 jobs added in January.

Jan 30, 2013 8:42am EST  --  Report as abuse
bobber1956 wrote:

The economy shrank the last quarter of 2012 by .1%. End of story for now-more to come.

“The U.S. economy shrank from October through December for the first time since the recession ended, hurt by the biggest cut in defense spending in 40 years, fewer exports and sluggish growth in company stockpiles.

The Commerce Department says the economy contracted at an annual rate of 0.1 percent in the fourth quarter. That’s a sharp slowdown from the 3.1 percent growth rate in the July-September quarter.”

http://www.foxnews.com/us/2013/01/30/us-economy-shrinks-01-pct-first-time-in-3-years-deep-cut-in-defense-spending/#ixzz2JT9wOAIa

Jan 30, 2013 9:32am EST  --  Report as abuse
BlueOkie wrote:

About time we got some good news! Keep it coming

Jan 30, 2013 9:46am EST  --  Report as abuse

Can not trust even the official monthly numbers anymore as they are clearly skewed to portray an economy that is better than the reality. Later revisions semi-correct the illusion but retractions never get the attention that the original story gets. It is so obvious an example of media complicit deception.

Jan 30, 2013 3:17pm EST  --  Report as abuse
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