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Surge In Government Job Creation, Most Since August 2008, Offset
zero hedge ^

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 ...


TOPICS: Business/Economy
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1 posted on 07/02/2014 3:22:12 PM PDT by Perdogg
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To: Perdogg

The Government PRODUCES NOTHING, so government jobs are a self-eating watermelon, in that they inflate your taxes and government spending.


2 posted on 07/02/2014 3:26:10 PM PDT by G Larry (Which of Obama's policies do you think I'd support if he were white?)
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To: Perdogg

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


3 posted on 07/02/2014 4:01:50 PM PDT by tumblindice (America's founding fathers: all armed conservatives)
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