Friday, September 2, 2011

August Employment Shows No Job Recovery

I'll keep my comments brief... any way you cut it, the employment report was extremely weak. Off to a long weekend...

Household Survey - unlike the establishment survey, this actually showed jobs being added (reversing last month's figure which showed a decline)... just not as fast as labor force growth)

Hours Worked per Person - once again turning negative

Source: BLS

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