Saturday, July 09, 2005

Nothing Says Positivity like Al-Reuters

WASHINGTON (Reuters) - U.S. employers added 146,000 jobs in June, below Wall Street forecasts, but the unemployment rate fell to its lowest point since September 2001 as few people joined the labor force, a government report showed on Friday


Ok now we have two big negative nuggets for a small positive nugget.

While 18,000 workers were hired in the construction industry last month, most of June's employment growth came in the service sector. Professional and business services jobs rose 56,000, education and health services were up 38,000 and leisure and hospitality payrolls grew 19,000.


And since we have more service and support jobs... golly gee doesn't that mean they have to be supporting positive economic numbers.

But Al-Reuters can turn a sunny day into partyly cloudy with a chance of rain

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