200,000 New Jobs in December, But This Is January.

200,000 New Jobs in December, But This Is January.

The December 2011 employment figures are out, and the Bureau of Labor Statistics reports that last month saw an increase of 200,000 new jobs.  At that rate it will be a mere 65 months before we get to full employment.

The BLS adjusts these statistics to account for seasonal variations so that temporary holiday jobs — evergreen salesmen, reindeer renters, maids-a-milking, department store Santas  — don’t distort the figures.  Some analysts aren’t sure the Bureau understands our 21st century retail supply chain, where orders on the InterWebz make temporary work for thousands of migratory warehouse gypsies and delivery drivers. Stay tuned for next month’s job numbers.


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Image (“Will Ho-Ho-Ho for Food”) by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

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One Response to “200,000 New Jobs in December, But This Is January.”

  1. pawsinsd Says:

    Santa’s elves left a present for one CEO, who cashed in 140,000 shares of stock last Monday at $22 per share that crashed to $7 the next day when he canned 25% of the IT department (including my spouse) and others. Hello, these companies wait until after the holidays for mass layoffs. Perhaps so the numbers can go in with all the seasonal workers. Our nation is not a pretty picture work-wise.

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