2011-10-07blogspot.com

Here comes Mish to rain on our parade (useful charts in this; the Employment Total in particular looks like it is arcing back in the wrong direction)... ``341,000 full-time jobs vanished this past month, replaced by part-time workers... For a change, the labor force actually rose today. This is a welcome sign. However, were it not for people dropping out of the labor force for the past two years, the unemployment rate would be well over 11%.''



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