Saturday, June 5, 2010

The Economy, Again....


The unemployment rate dipped a bit, from 9.9%to 9.7%----

However, this is due to temporary Census workers, which accounted for the vast majority of new hires (441,000, to be exact).
Only 41,000 people were hired last month in the private sector.

This equates to 95.5% of hirings last month were from the government--NOT private business.
And are temporary jobs to boot.

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