One thing that may be worth watching in the jobs report Friday is the numbers on state and local education jobs added during September. In other words, how many teachers came back to work this fall? To get that figure, look at the figures before seasonal adjustment.
Notions on high and low finance.FLOYD NORRIS
Notions on high and low finance.
In each of the past three Septembers, the number of added public education jobs was below 1.2 million, while it was above that figure in every September from 2004 through 2007.
The number for 2010 was 1.16 million, which was 9 percent below the 2006 figure of 1.27 million. The Census Bureau estimates that the number of school-age children was virtually the same in 2006 as 2010.
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