O.S.O.K.
11-04-2011, 10:42 AM
Here is a report that has some good info on exactly what is going on with the unemployement such as the fact that the private secotor is actually adding jobs steadily and the public sector (governments) is losing them steadily....
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http://finance.yahoo.com/blogs/daniel-gross/october-jobs-report-deja-vu-over-again-130357751.html
"The "conservative recovery" continues. For months we've been noticing that, every month, the private sector adds jobs while the public sector cuts them. It's been the case for much of the past year that the U.S. economy is growing not because of government spending, but in spite of government cutbacks. In October, the private sector created 104,000 jobs, with gains led by professional and business services (33,000) and leisure and hospitality (22,000). Manufacturing posted a small 5,000 jobs gain. Meanwhile, governments at all levels cut 24,000 jobs. Since May 2010, government has cut one million jobs while the private sector has added 2.28 million positions."
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http://finance.yahoo.com/blogs/daniel-gross/october-jobs-report-deja-vu-over-again-130357751.html
"The "conservative recovery" continues. For months we've been noticing that, every month, the private sector adds jobs while the public sector cuts them. It's been the case for much of the past year that the U.S. economy is growing not because of government spending, but in spite of government cutbacks. In October, the private sector created 104,000 jobs, with gains led by professional and business services (33,000) and leisure and hospitality (22,000). Manufacturing posted a small 5,000 jobs gain. Meanwhile, governments at all levels cut 24,000 jobs. Since May 2010, government has cut one million jobs while the private sector has added 2.28 million positions."
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