DOL jobs says ave earnings dropped 0.1%, UE(6) at 8.7%, jobs increased

[papau]

by "around" 197,000 (one can't just subtract the birth-death work at home fudge factor of 18 from the "jobs increase" number of 215, but they do not give us the effect of the seasonally adjusted process that is caused by inclusion of the birth-death numbers in the non-seasonally adjusted starting point.

So why does mainstream media not go with something like what is below:

HEADLINE: Jobs report for November shows decreased earnings

Jobs report for November shows decreased earnings, steady employment, and jobs growth of 197,000 jobs excluding at home job growth. Average weekly earnings decreased by 0.1 percent over November to $549.98 as average hourly earnings of production or nonsupervisory workers on private nonfarm payrolls rose by 3 cents in November to $16.32, seasonally adjusted.

The increase jobs in November was 215,000 but without birth-death jobs in November it was 197,000 and increase in "non-birth-death guess-ti-mate" jobs since January 2005 = 2,197,000 less 1,092,000 = 1,105,000. The seasonally adjusted unemployment (U-6) rate was unchanged at 8.7%, while the not seasonally adjusted (U-6) rate jumped from 8.1 to 8.4.

==========================================================
Instead we get this:

http://abcnews.go.com/Business/story?id=1366171

November Job Growth Strong

http://www.cbsnews.com/stories/2005/12/02/business/main1093448.shtml

215,000 Jobs Added To Payrolls

http://www.msnbc.msn.com/id/10294472/

Payrolls grew by 215,000 in November

http://www.msnbc.msn.com/id/10295858/
Bush gives rosy assessment of economy
President lauds jobs report, other recent indicators

http://quote.bloomberg.com/apps/news?pid=10000103&sid=acCEro0a3hRY&refer=news_index

U.S. Added 215,000 Jobs Last Month, Most Since July
============================================================

BELOW IS THE ACTUAL DATA- if anyone wants to read it:

http://www.bls.gov/web/cesbd.htm

2005 Net Birth/Death Adjustment (in thousands)
Total
-280 100 179 257 207 184 -76 132 54 37 18 = fake jobs added since Jan =1092

Civilian noninstitutional population

2005 224837(1) 225041 225236 225441 225670 225911 226153 226421 226693 226959 227204
Seasonally AdjustedSeries Civilian labor force

2005 147979(1) 148132 148157 148762 149122 149123 149573 149841 150093 150079 150176
1 : Data affected by changes in population controls in January 2000, January 2003, January 2004, and January 2005.

Total jobs added since Jan = 2197

Increase in "non-birth-death guess-ti-mate" jobs since January = 2197 less 1092 = 1105





http://www.bls.gov/news.release/empsit.nr0.htm

Friday, December 2, 2005. THE EMPLOYMENT SITUATION: NOVEMBER 2005


Nonfarm payroll employment grew by 215,000 in November, and the unemployment rate (U-3) was unchanged at 5.0 percent (the U-6 unemployment rate -Total unemployed, plus all marginally attached workers plus total employed part time for economic reasons, as a percent of all civilian labor force plus all marginally attached workers - was unchanged at 8.7% with the not seasonally adjusted U-6 rate jumping from 8.1 to 8.4, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Over the month, job growth was widespread, with large gains in construction and food services.

Unemployment (Household Survey Data)

The unemployment rate was unchanged in November at 5.0 percent. The jobless
rate has ranged between 4.9 and 5.1 percent since May. The number of unemployed
persons, 7.6 million, was essentially unchanged in November. The unemployment
rates for adult men (4.3 percent), adult women (4.6 percent), teenagers (17.2
percent), whites (4.3 percent), and Hispanics or Latinos (6.0 percent) showed
little or no change in November. The jobless rates for blacks (10.6 percent)
and, specifically, for adult black women (9.1 percent), rose over the month.
In November, the unemployment rate for Asians was 3.6 percent, not seasonally
adjusted. (See tables A-1, A-2, and A-3.)

Total Employment and the Labor Force (Household Survey Data)

Total employment, 142.6 million, and the civilian labor force, 150.2 million,
were little changed in November. The employment-population ratio also was little
changed over the month at 62.8 percent (62.9 to 62.6, with TABLE A-1 saying a drop from 63.2% in Oct not seasonally adjusted to 62.6), and the labor force participation rate held at 66.1 percent (TABLE A-1 says a drop from 66.2% in Oct not seasonally adjusted to 66.1%).

Persons Not in the Labor Force (Household Survey Data)

The number of persons marginally attached to the labor force was 1.4 million
in November, about the same as a year earlier. (Data are not seasonally adjusted.)
These individuals wanted and were available to work and had looked for a job sometime
in the prior 12 months. They were not counted as unemployed, however, because they
did not actively search for work in the 4 weeks preceding the survey. There were
404,000 discouraged workers in November, about the same as a year earlier. Dis-
couraged workers, a subset of the marginally attached, were not currently looking
for work specifically because they believed no jobs were available for them. The
other 1.0 million marginally attached persons had not searched for work for reasons
such as school attendance or family responsibilities. (See table A-13.)

Employment Status of Hurricane Katrina Evacuees (Household Survey Data)

Beginning in October, questions were added to the household survey to identify
persons who evacuated from their homes, even temporarily, due to Hurricane Katrina.
Data collected through these questions do not represent all evacuees; persons living
outside of the scope of the survey--such as those living in hotels or shelters--are
not included. The questions were asked of persons in the household survey sample
throughout the country, since some evacuees relocated far from the storm-affected
areas. The questions also determined whether evacuees had returned to their homes
by the time of the survey. This additional information enabled analysis of the
employment status of this subgroup of evacuees. (The total number of evacuees
estimated from the household survey may change from month to month as people move
in and out of the scope of the survey.)

Information gathered in November showed that about 900,000 persons age 16 and
over had evacuated from where they were living in August due to Hurricane Katrina.
These evacuees either had returned to their homes or were living in other residential
units covered in the survey in November. Half of the evacuees had returned to their
August 2005 residences. Of all evacuees identified, 55.2 percent were in the labor
force in November. The employment-population ratio for these evacuees was 43.9 per-
cent. The unemployment rate for persons identified as evacuees was 20.5 percent; it
was much higher for those who had not returned home (27.8 percent) than for those who
had returned (12.5 percent). (See table B.)

Industry Payroll Employment (Establishment Survey Data)

Total nonfarm payroll employment rose by 215,000 to 134.3 million in
November. This followed 2 months of little growth in employment, due in
part to the direct and indirect effects of hurricanes that struck the Gulf
Coast. During the first 8 months of the year, payroll employment grew by
an average of 196,000 per month. In November, gains were widespread with
notable increases in construction, professional and technical services,
health care, and food services and drinking places. (See table B-1.)

In November, construction employment rose by 37,000, with a large increase
occurring in heavy and civil engineering construction (14,000). November job
gains in construction partly reflect rebuilding and clean-up efforts following
Hurricane Katrina. Employment in the industry has been on an upward trend for
more than 2-1/2 years.

Professional and technical services employment increased by 22,000 in
November. Within this sector, architectural and engineering services and
management and technical consulting services each added about 6,000 jobs.
Over the last 12 months, professional and technical services has added
210,000 jobs.

Health care employment continued to grow in November, increasing by 20,000.
Ambulatory health care services, which includes doctors' offices and outpatient
clinics, added 15,000 jobs. Health care has added 263,000 jobs since November
2004.

Within leisure and hospitality, food services--which includes restaurants
and drinking places--added 39,000 jobs in November. This followed declines in
the previous 2 months that totaled 69,000. For the 12 months ending in August,
the industry had gained 283,000 jobs.

Manufacturing employment edged up in November. Job gains occurred in wood
products and in computer and electronic products, while machinery manufacturing
employment decreased.

In November, employment in financial activities continued its upward trend,
as credit intermediation added 5,000 jobs. Wholesale trade employment also
continued to trend up, with most of the over-the-month gain occurring in the
industry's durable goods component. Retail trade employment was about un-
changed over the month. Within the industry, employment in automobile
dealerships declined for the second consecutive month, falling by 6,000 in
November. Building material and garden supply stores added 6,000 jobs over
the month.

Weekly Hours (Establishment Survey Data)

The average workweek for production or nonsupervisory workers on private
nonfarm payrolls fell by 0.1 hour to 33.7 hours in November, seasonally
adjusted. The manufacturing workweek decreased by 0.2 hour to 40.8 hours,
following a 0.3-hour increase in October. Factory overtime was down by
0.1 hour in November to 4.5 hours. (See table B-2.)

The index of aggregate weekly hours of production or nonsupervisory workers
on private nonfarm payrolls decreased by 0.1 percent in November to 103.2
(2002=100). The manufacturing index was down by 0.2 percent over the month
to 95.0. (See table B-5.)

Hourly and Weekly Earnings (Establishment Survey Data)

Average hourly earnings of production or nonsupervisory workers on private
nonfarm payrolls rose by 3 cents in November to $16.32, seasonally adjusted.
This followed an increase of 10 cents (as revised) in October. Average weekly
earnings decreased by 0.1 percent over the month to $549.98. Over the year,
both average hourly and weekly earnings increased by 3.2 percent. (See
table B-3.)

[RaleighNCDUer]

1. I think they believe in self-fulfilling prophecy --

If they announce that people are hiring overall, then individual employers will, despite the evidence of their own eyes and books, hire despite a weak economy. The new hires will get their paychecks, go out and spend their paychecks, and thus boost the economy.

Problem with that is that for every optimistism-based hiring there are equal or greater reality-based dismissals.

You can fool some of the people...

[papau]

2. 5 years of optimistism-based Bush isn't the same as 5 yrs of the same from

Clinton.


I like optimistism - I dislike lies - even lies that only a lie by what they leave out.