Should last us about 5 months before job losses resume assuming -600k loss every month going forward. 
Also, anyone see the November revision? :eek:
Or better yet, there are some major games being played in the Civilian labor force and not in labor force found in Table A here:
http://www.bls.gov/news.release/empsit.nr0.htm
Despite population growth, 296 thousand people from December to January are no longer considered in the labor force or not in the labor force. So where did they go??
The least manipulated number of all of them is the actual number of people employed. So let's have a closer glance:
Month -- employment (millions) -- difference from prior month (millions)
November 2008 -- 144,144
December 2008 -- 143,338 -806
January 2009 -- 142,099 -1239
Draw your own conclusions.
Also, anyone see the November revision? :eek:
Or better yet, there are some major games being played in the Civilian labor force and not in labor force found in Table A here:
http://www.bls.gov/news.release/empsit.nr0.htm
Despite population growth, 296 thousand people from December to January are no longer considered in the labor force or not in the labor force. So where did they go??
The least manipulated number of all of them is the actual number of people employed. So let's have a closer glance:
Month -- employment (millions) -- difference from prior month (millions)
November 2008 -- 144,144
December 2008 -- 143,338 -806
January 2009 -- 142,099 -1239
Draw your own conclusions.