Good News! Right?

By Tim Eavenson on May 4th, 2008

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Less people lost their jobs last month than the month before! Right? That’s great, right?! I mean, right?!!

The monthly jobs report spurred a surge on Wall Street friday. Yes, the same report that said 20,000 people lost their jobs. I know that seems bad, but when analysts expect numbers in the 60-70k range, 20,000 isn’t so bad anymore. Economically, I mean.

Still, remember when the jobs report didn’t have a minus sign in the front of it? Yeah, me neither.

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About the Author

Tim Eavenson

Tim is Current Employment's founding blogger, and a labor & employment attorney in Chicago, Illinois. Tim is interested in the future of working in America - how the changing workforce is affecting national employment and civil rights policy, HR best practices, and the work of labor and employment lawyers.

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