LOGO: Truthdig: Drilling Beneath the Headlines. A Progressive Journal of News and Opinion. Editor, Robert Scheer. Publisher, Zuade Kaufman.   Exclusive Truthdig Merchandise: Mr. Fish T-shirts and Signed Prints
November 24, 2009
Log in / Register

 Choose a size
Text Size

Most Read

For 23 Years, Fully Aware but Mute and Paralyzed

Refuse Allegiance to Coal

Lieberman Won't Budge on Health Care

Playbill

Obama's Third Way in Afghanistan

Most Comments
Most Emailed

Reports

Ear to the Ground

A/V Booth

Arts & Culture
Freedom’s Fight: Part II

Digs
Financial Meltdown 101
Vetting Sarah Palin

Truthdig Bazaar
Iraq: A War

Iraq: A War

Chris Hedges
$15.60

more items

 
Ear to the Ground

Jobs Report Indicates Economic Cool Down

Email this item Email    Print this item Print   
Posted on Jun 2, 2006

Weak employment gains in May (only 75,000 net new jobs) may be a sign of a faltering economy. According to NYT: “Anything below about 150,000 net new jobs a month is regarded as too slow to keep up with population growth, so in effect, workers are losing ground.”

NYT:

Jobs Report Signals Cooling Economy

By JEREMY W. PETERS
Published: June 2, 2006

The American economy added a surprisingly weak number of jobs in May, a sign that nervousness over a cooling economy may be spreading among the nation’s employers.

The net increase in nonfarm payrolls in May—75,000—is a significant falloff from April, when the Labor Department estimates that 126,000 jobs were added, a figure it revised downward today from the 138,000 it initially reported.

Anything below about 150,000 net new jobs a month is regarded as too slow to keep up with population growth, so in effect, workers are losing ground.

The Labor Department statistics were the latest in a series of recent reports pointing to a slowdown in the expansion of the economy.
link

 

More Below the Ad

Advertisement


Elsewhere: .

Are you a Truthdig member yet? Login now, or register with Truthdig.

Add Your Comment

Posts by unregistered readers are moderated. Posts by members
are published immediately. Why wait? Register today!







Number of characters remaining: 4000

Notify you when others comment on this article?


Are you a human?
Retype the word you see here.


Please read and abide by our comment policy.
By submitting this comment, you agree to this site's terms and conditions.

 
 

 
Join the Liberal Blog Advertising Network
 
 
 
 
 
 
 

A Progressive Journal of News and Opinion. Editor, Robert Scheer. Publisher, Zuade Kaufman.
Copyright © 2009 Truthdig, L.L.C. All rights reserved.