Tuesday, October 13, 2009

The Silver Lining

Here's the October 2nd Bureau of Labor Statistics Employment Situation Summary [emphasis added]:
Nonfarm payroll employment continued to decline in September (-263,000), and the unemployment rate (9.8 percent) continued to trend up, the U.S. Bureau of Labor Statistics reported today. The largest job losses were in construction, manufacturing, retail trade, and government.
I'd like to think that the lose of government jobs is representative of a shrinking leviathan, but I'm not that optimistic.

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