Skip to comments.Surge In Government Job Creation, Most Since August 2008, Offset
Posted on 07/02/2014 3:22:12 PM PDT by Perdogg
Surge In Government Job Creation, Most Since August 2008, Offset By Private Jobs Decline Adds To ADP Confusion
Moments after the outlier ADP private payrolls jobs number, the highest since November 2012, was released Gallup offered its own poll-based take on the US jobs market with the release of its monthly US Jobs Creation Index. To some this useful datapoint may explain the ADP-reported surge in hiring, although a more nuanced read simply add to the confusion.
According to the headling job creation index, June saw a +27 print, the same as May, and tying the highest score of job creation in the six year history of the index. Here is how the index measures "job creation":
(Excerpt) Read more at zerohedge.com ...
The Government PRODUCES NOTHING, so government jobs are a self-eating watermelon, in that they inflate your taxes and government spending.
The American body politic is an `intermediate host.’
In intermediate hosts, administrative parasites either do not reproduce or do so asexually, but the parasite always develops to a new stage in this type of host.
After asexual reproduction, the bureaucratic parasite transmogrifies into an agency or department `head.’
Then the parasite divides and multiplies in an exponential manner, reproducing faster than the First Lady on a Big Mac, taking all sustenance from the host and bringing about its eventual demise.
Mr. Science Person