Wednesday, June 2, 2010

Economists say May Job Numbers INFLATED BY TEMP JOBS


Economist Mark Zandi of Moody’s.com projects the economy will have added 575,000 jobs in May, while the Economic Policy Institute’s (EPI) rough projection is for 560,000 jobs.

BUT.......................

Zandi expects that only 150,000 of the jobs created in May will come from the private sector, with 425,000 new jobs sparked by the once-a-decade Census. See more here