Friday, June 4, 2010

Unemployment Dips Slightly to 9.7%, Boosted by Census Workers

According to the latest jobs report http://www.cnbc.com/id/37507250, unemployment fell slightly to 9.7% from 9.8% despite predictions that it would experience a larger decline this month. In fact, outside of the hiring of 411,000 temporary census workers, there was little hiring by private employers as that sector added just 41,000 jobs, down from 218,000 in April and the fewest since January. The worst part about the numbers?  Apparently, the government intentionally hired more census workers than it needed http://cnsnews.com/news/article/67156 and several census workers claim the government hired and fired them several times to inflate job numbers by counting every subsequent hire http://www.realclearpolitics.com/video/2010/06/03/census_worker_claims_job_numbers_are_being_inflated.html.

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