Jobs Number: Luck or Skill?
Ed Brown, via Wikimedia CommonsIn June, the nation added 195,000 jobs and the rate was 7.6%. The number may have been luck more than skill. Hospitality and leisure jobs rose 75,000. The start of summer may have been the cause…
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In June, the nation added 195,000 jobs and the rate was 7.6%. The number may have been luck more than skill. Hospitality and leisure jobs rose 75,000. The start of summer may have been the cause as vacations began.
Employment in professional and business services rose by 53,000 in June. Job gains occurred in management and technical consulting services (+8,000) and in computer systems design and related services (+7,000).
IT spending has risen–company optimism or aging tech infrastructure causing need for replacement
Government numbers–perhaps most austerity measures have not hit
Federal government employment continued to trend down in June (-5,000) and has declined by 65,000 over the past 12 months.
In other words, cuts here slowed a great deal
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