The Department of Labor has been reporting laborstatistics for a number of years. Its current monthly report, "Job Openings and Labor Turnover Survey," shows 4 million hires and 4.3 million job losses. The net effect is a loss of several hundred thousand jobs and an increase in the unemployment rate to 9.8 percent. The stimulus reporting ignores job losses and only tells one side of the story.
Jesse Houston
Bluffton
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