January (lack of) Jobs Report at 2006-02-26 00:45:14
The data is in. Let’s break down the January 2006 jobs report from the Bureau of Labor Statistics. I think you'll find that these jobs are great for people who want to continue living the Wal-Mart lifestyle.
194,000 jobs were created in January. Of those jobs:
1) 46,000 were construction jobs. Ok, these jobs were probably created to repair the hurricane damage along the Gulf Coast. If our area is any indicator, we have had a large number of Mexican's laborers hired to repair damaged roofs and homes.
2) 136,000 were Domestic Services jobs. Credit agencies: 21,000 (to manage and monitor consumer debt), Administrative and waste services: 17,600, Healthcare and social assistance 37,500, Waiters, waitresses and bartenders 31,000, Wholesalers 15,100.
3) Manufacturing jobs: 7,000. Since millions of manufacturing jobs have been shipped overseas, this figure is basically a non-event.
Blog Source - http://www.johnmugarian.com/index.rdf
|