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The Almighty
http://www.cnbc.com/id/48480887
The next three months are going to be very interesting. If things continue to deteriorate, even Romney's pathetic campaign could win.
Despite the seemingly good news, the report's household survey showed that the actual amount of Americans working dropped by 195,000, with the net job gain resulting primarily from seasonal adjustments in the establishment survey. The birth-death model, which approximates net job growth from newly added or closed businesses, added 52,000 to the total.
The household survey also showed 150,000 fewer Americans in the workforce.
In all, the government said private payrolls added 172,000 positions — about in line with Wednesday's report from ADP and Macroeconomic Advisors — while government subtracted 9,000.
The next three months are going to be very interesting. If things continue to deteriorate, even Romney's pathetic campaign could win.