Friday, April 08, 2011
Whoopsie! There Goes the Tory Good News Story Of The Day
A surprise decline in jobs? Actually, the numbers aren't too bad. Full-time work was up alot, but part-time work down even more, which can be interpreted to mean that temps are being added to the payrolls permanently, ie. the quality of work is improving. In any case, the gov. will probably emphasize the full-time work figure and a small decline in the unemployment rate; the opposition will lean on the straight job loss number. Whichever way you slice it, the professionals were expecting a much stronger performance.