919,000 jobs added in October (user search)
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  919,000 jobs added in October (search mode)
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Author Topic: 919,000 jobs added in October  (Read 3125 times)
🐒Gods of Prosperity🔱🐲💸
shua
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« on: November 06, 2010, 09:48:53 PM »

the payroll count "climbed" by 919k? what does that even mean?
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🐒Gods of Prosperity🔱🐲💸
shua
Atlas Star
*****
Posts: 25,688
Nepal


Political Matrix
E: 1.29, S: -0.70

WWW
« Reply #1 on: November 07, 2010, 12:07:36 PM »

the payroll count "climbed" by 919k? what does that even mean?

Its called addition, shua.

but who says something the number of something "climbed" by x, if x is the number of new jobs but y is the number of old jobs lost? wouldn't the number by which something climbed be x - y? but even that is not what is happening.

okay - I looked into it, and here's the story as best as I can figure out: payroll did not climb 919k in one month. It climbed by that amount since last October. That's what I assume is meant by "annual October increase." If nearly a million jobs were created in one month it would be big news. As it stands if you type in "919000 jobs" into google, you get this forum discussion.
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