Groundhog Day Jobs Number Report
I feel like I’m in the movie Groundhog Day when it comes to the job numbers. I wake up on the first Friday each month to the same story — subpar job growth, no budging in key indicators, the insanity of the “anti-stimulus” of bleeding government jobs – and then wake up to it again next month. This month looks like the past dozen: 80,000 jobs wsere created, while the government sector shed 24,000 jobs.
If the elimination of public sector jobs causes growth in the private sector, then why isn’t that happening?