As weak as the economy has been in recent months, the private sector has still been adding jobs at a faster rate than the adult population has been growing. Over the last 12 months, the private-sector employment has grown by 1.7 percent, while the adult population has grown about 1 percent, according to Haver, a research firm, and the Bureau of Labor Statistics:
Thoughts on the economic scene.
Yet the percentage of adults with jobs has been falling:
How could this be? Because the government — especially state and local government — is cutting jobs:
No comments:
Post a Comment