HMMM, WHAT WAS THE NUMBER FOR XINHUA'S HR DEPARTMENT AGAIN?: Exciting new unemployment numbers are out and they are bad! 83,000 private sector jobs were added (130 to 150K are needed just to keep up with population growth), and hundreds of thousands of census workers have been tossed back into the job-seeking pool. The overall unemployment rate, based on a "different survey," is down a smidge to 9.5 percent, because presumably some people have given up hope of ever being gainfully employed again and/or died. ARE YOU LOOKING FOR A PUNCHLINE TO THIS POST? THERE IS NO PUNCHLINE TO THIS POST, IT IS VERY DEPRESSING. [NYT]


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