[okie01]

Heh, who'd thunk that adding 18k jobs results in an increase in the unenjoyment rate?

Every month, about 100,000 more Americans enter the job market. It's called population growth.

Consequently, the economy needs to generate about 100,000 new jobs per month just to maintain the current rate of unemployment.

In this context, a mere 18 thousand new jobs is utterly pathetic.

[raygun]

That's an interesting twist of semantics. Because population growth results in workers not part of unemployment numbers; they were never in the workforce in the first place. Unemployment numbers are based on unenjoyment claims, i.e. removal from workforce.

So to say that private sector employers added any jobs whatsoever while the unenjoyment numbers increases is ludicrous 1984 Newspeak at the epitome of folly.

That would be akin to funding a government program through the budget savings realized from the decrease in projected increase of current spending.