theprof00 said: so howbout that jobs report 220k+ per month jan, feb, march 160k+ per month oct, nov, dec |
The amount of jobs generally estimated to be needed to match up purely with job demand is 250,000.
Unemployment numbers are only dropping because of people giving up hope / people hiding in further college programs waiting for the market to change.
In short... nothing to be bragging about. Which is why even the Administration doesn't brag about them.
The only reason 165,000 is considered optimistic is because generally they call these months the "Spring swoon".
So, essentially the numbers are just less awful then expected. (due to seasonal adjustments sort of being ass for the last few years now.)