Here is a chart showing how US government spending has been cut in the last few years. Cuts to government spending reduce jobs. In an economy with 14 million people unemployed, job creation should be the priority.
This is just my opinion but everyone should forget the ADP report --to many false positives-- and concentrate on the BLS numbers. Having done that, for an economy the size of the US, 300-400K jobs a month is required. Without that we are have the makings of another depression.
This is just my opinion but everyone should forget the ADP report --to many false positives-- and concentrate on the BLS numbers. Having done that, for an economy the size of the US, 300-400K jobs a month is required. Without that we are have the makings of another depression.
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