June Jobs Report: the Ugly, the Ugly and the Ugly
JULY 10, 2011
If Hollywood were to make a film about the June jobs report , it would be called The Ugly, The Ugly and The Ugly. The headline number showed that a mere 18,000 payroll jobs were added in June. Payroll jobs figures are calculated from the establishment survey (calling up companies and asking them how many they employ). Add it up, and BLS is telling us there are about 44,000 fewer payroll jobs out there than it thought.