CNBC doing it again, heralding in the recovery, end of recession huge improvement in job picture theme AKA Carnival BArkers.
We're not even BACK to the worst it got after 911. Initial break from PEAK of job losses in 2001 didnt lead to stock market bottom until late 2002-2003.
Folks at some point businesses have SHED so many workers, well, there arent as many left to axe, so this number drops.
Are we CREATING jobs? REHIRING fired workers? Putting people back to full time from reduced hours?
Take from it what you will, OH remember the BLS gov stat team adds jobs out of thin air, trust your eyes....
D
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