January 2010 Jobs Report.......

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Buzz Killington

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http://www.bloomberg.com/insight/birth-death-model.html

http://money.cnn.com/2010/02/04/news/economy/jobs_outlook/index.htm

As bad as the government's jobs readings numbers have been during the Great Recession, we'll soon find out the real situation likely was worse.

Much worse.

Job losses during the recession may have been underestimated by close to a million jobs. So instead of employers cutting just over 7 million jobs from their payrolls since the economic downturn began in December 2007, it's expected that the Labor Department's new estimate will be a loss of 8 million jobs.

"It's an enormous understatement of the severity of the crisis," said Heidi Shierholz, labor economist with the Economic Policy Institute, a union-supported think tank. "It confirms that things were actually worse on the ground than what the reports suggested."

What many have been stating...this shit is MUCH worse than we think. Could be a rough day tomorrow!
 
maybe not january, but i guess they are going to release some numbers from last year that shows some hiding and tom foolery!
 
Hopefully Clarence Beeks at Lindhurst Security isn't in charge of transporting the jobs report!
 

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