6/5/10

Interesting statistics

News from FOX Business. After the hiring of 411,000 temporary Census workers in May, the total Census workforce has now increased to 564,000.

To put this in some context, we now have more Census workers that new have workers in the following industries /sectors:
- Oil & gas extraction (165,700)
- Electronic & appliance stores (480,600)
- Air transportation (456,300)
- Rail transportation (216,300)
- Utilities (557,400)

We have almost as many Census workers as we have workers in the following industries/sectors:
- Residential construction (580,800)
- U.S. postal service (657,700)
- Child care (861,800)
- Accounting / bookkeeping (899,800)

All of this data comes from the Bureau of Labor Statistics report, “THE EMPLOYMENT SITUATION –MAY 2010,” June 4, 2010,


My point. Is this the way to run the economy?

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked Top Market Timer in 2009 and 2010 by Timer Digest

To find out more about my in depth views of the markets and my strategy just visit our website https://www.peterdag.com/ where you can subscribe to The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific investment portfolio.

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