[lbo-talk] US employment

[Doug Henwood]

Pretty weak US employment report this morning - just 78,000 new jobs 
in the establishment survey, with the under-the-surface details not 
offering much consolation. The household survey was stronger, with a 
gain of 425,000 nonagricultural jobs, but this is a less reliable 
measure, and there was a decidedly downscale skew to the jobs (or at 
least the gainers of jobs) - people without a high school diploma 
gained the most, and those with bachelor's degrees or more lost. The 
US labor market is still failing to thrive.

Doug