Green shoots everywhere. This Zero economy is on fire.....
ZitatOnce again, in its sheer panic to tout the quantity, or lack thereof, in the case of the December jobs number, the frenzied media and pundits completely ignored the quality of the jobs gained in the last month of December. Or lack thereof. Because as the simple breakdown below shows, of the 74K jobs gained in December, 55%, or 40K were the worst of the lot when it comes to wages or benefits: temporary jobs.
Quote: Frank Cannon wrote in post #1http://www.zerohedge.com/news/2014-01-10/more-half-december-jobs-added-were-temporary
Green shoots everywhere. This Zero economy is on fire.....
ZitatOnce again, in its sheer panic to tout the quantity, or lack thereof, in the case of the December jobs number, the frenzied media and pundits completely ignored the quality of the jobs gained in the last month of December. Or lack thereof. Because as the simple breakdown below shows, of the 74K jobs gained in December, 55%, or 40K were the worst of the lot when it comes to wages or benefits: temporary jobs.
And when these temporaries file to go back on unemployment the Obama Praetorian Guard known as the press will refer to it as only a "seasonal adjustment".
Quote: Cincinnatus wrote in post #3And when these temporaries file to go back on unemployment the Obama Praetorian Guard known as the press will refer to it as only a "seasonal adjustment".
Or blame it on the weather, Climate Change you know