Jun
6th
Sat
6th
Reader comment on Clusterstock re:questionable May Jobs Report:
The uproar is coming on the B/D models because of where they are seeing the job growth: construction and leisure/hospitality.
In fact, if you go back in history, you’ll see that we’ve supposedly added more jobs in construction and leisure/hospitality in April & May of this year than in 2002, 2003, 2004, 2005, 2006, 2007, and 2008. Those were years where the economy was expanding and housing was absolutely booming.
You are going to sit there and tell me with a straight face that we are adding more jobs in this recession than in those years?
