Friday, December 2, 2011

Two in a row

That's not so good, after the excellent September numbers 54,000 jobs were lost in October.  November, where everyone was expecting a rebound (Prediction +20k) turns out to be negative too (actual -19k).  That's two bad months in a row

Employment

On the bright side, full time employment rose by 35,000 and part time fell by 54,000 so its not all doom and gloom, but looking at historical data (above) for the past 3 years seems to indicate that this could be the start of something more serious.

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