Monday, July 5, 2004

Reports, Surveys, oh my god!

According to Atrios:

Well, fine, but <100,000 per month average growth is pretty damn crappy. So much for the booming economy they keep telling us about...


He cuts through the spin and the White House hype to tell us what the jobs report really means.

5:00 pm: From MaxSpeak:

Jobs increased by 112,000 in June. The President chose to enumerate in terms of the past six months. If you go by the President's own claims, however, we are still way short. Moreover, 112K is insufficient on a monthly basis for keeping up with the growth of the labor force.

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