The December to January BLS employment report is always a strange beast. Yet this year we magically have gained 647,000 jobs which previously did not exist. Below is the difference between the previously reported jobs in December to the payroll tally for January 2013.
There are some absolutely ridiculous articles on the July jobs report. Some are proclaiming the economic slowdown is over, which is absurd on it's face. One cannot conclude that from one month of payrolls data which will probably be revised.
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