Morning, gwr,
I have forgotten how those jobs numbers are calculated, but I remembered at the time I looked at it being surprised at the methodology. Birth/death model and all the rest. Seems like a lot of guesswork involved. I wonder just how reliable those figures really are.
The numbers coming out of the US govt. have underestimated the bad news and overestimated the good news for so long, that it's surprising that anyone believes any of it anymore.