[copious.abundance]

And they also can't get enough software engineers, construction workers, consultants, insurance agents, architects, surveyors, truck drivers and petroleum engineers.

[Plantagenet]

$this->bbcode_second_pass_quote('copious.abundance', 'A')nd they also can't get enough software engineers, construction workers, consultants, insurance agents, architects, surveyors, truck drivers and petroleum engineers.

[copious.abundance]

From today's BLS release:
$this->bbcode_second_pass_quote('', 'C')onstruction added 48,000 jobs over the month, more than offsetting a decline of 22,000 in December. In January, job gains occurred in both residential and nonresidential building (+13,000 and +8,000, respectively) and in nonresidential specialty trade contractors (+13,000). Heavy and civil engineering construction also added 10,000 jobs.

Employment in manufacturing increased in January (+21,000). Over the month, job gains occurred in machinery (+7,000), wood products (+5,000), and motor vehicles and parts (+5,000). Manufacturing added an average of 7,000 jobs per month in 2013.

In January, wholesale trade added 14,000 jobs, with most of the increase occurring in nondurable goods (+10,000).

Mining added 7,000 jobs in January, compared with an average monthly gain of 2,000 jobs in 2013.

Employment in professional and business services continued to trend up in January (+36,000). The industry added an average of 55,000 jobs per month in 2013. Within the industry, professional and technical services added 20,000 jobs in January.

Leisure and hospitality employment continued to trend up over the month (+24,000). Job growth in the industry averaged 38,000 per month in 2013.

Employment in health care was essentially unchanged in January for the second consecutive month. Health care added an average of 17,000 jobs per month in 2013.

Employment in retail trade changed little in January (-13,000). Within the industry, sporting goods, hobby, book, and music stores lost 22,000 jobs, offsetting job gains in the prior 3 months. In January, motor vehicle and parts dealers added 7,000 jobs.

In January, federal government employment decreased by 12,000; the U.S. Postal Service accounted for most of this decline (-9,000).

Employment in other major industries, including transportation and warehousing, information, and financial activities, showed little or no change over the month.

[Plantagenet]

How do you reconcile that with the continuing stagnation and decreases in median family income? More part time jobs? More people out of the labor force entirely?

Income has tumbled since the recession hit, and is still 8.3% below where it was in 2007.
"We've had [economic] growth, but it hasn't really reached everyday Americans," said Elise Gould, an economist at the left-leaning Economic Policy Institute. "It's a lost decade, maybe more."

Whats the story, c-abun?

median family income falls again

[copious.abundance]

Median family income includes ... everybody. If the unemployment rate goes up, median family income automatically goes down, because you'll get a lot of households with at least one income earner no longer having a job, and thus, sending the income of that household down. Since the unemployment rate is still somewhat high at 6.6%, that explains why (real) median family income still hasn't reached its pre-recession high.

Why do I have to explain stuff like this? Am I the only one here who has anything resembling analytical abilities?

[dolanbaker]

$this->bbcode_second_pass_quote('copious.abundance', 'M')edian family income includes ... everybody. If the unemployment rate goes up, median family income automatically goes down, because you'll get a lot of households with at least one income earner no longer having a job, and thus, sending the income of that household down. Since the unemployment rate is still somewhat high at 6.6%, that explains why (real) median family income still hasn't reached its pre-recession high.

Why do I have to explain stuff like this? Am I the only one here who has anything resembling analytical abilities?

[Loki]

$this->bbcode_second_pass_quote('copious.abundance', 'B')reaking news: The ADP report is always private-sector only, and I've never indicated anything else. You must be pretty desperate to accuse me of something if you're accusing me of inferring something I never even came close to inferring.

[Loki]

$this->bbcode_second_pass_quote('copious.abundance', 'M')edian family income includes ... everybody. If the unemployment rate goes up, median family income automatically goes down, because you'll get a lot of households with at least one income earner no longer having a job, and thus, sending the income of that household down. Since the unemployment rate is still somewhat high at 6.6%, that explains why (real) median family income still hasn't reached its pre-recession high.

Why do I have to explain stuff like this? Am I the only one here who has anything resembling analytical abilities?

$this->bbcode_second_pass_quote('Loki', '')$this->bbcode_second_pass_quote('copious.abundance', 'B')reaking news: The ADP report is always private-sector only, and I've never indicated anything else. You must be pretty desperate to accuse me of something if you're accusing me of inferring something I never even came close to inferring.

[copious.abundance]

Here, I'll help Loki out with this bump. Now, all one has to do is read the big, bold red words. And notice the word beginning with a 'p.'
$this->bbcode_second_pass_quote('copious.abundance', '[')url=http://www.cnbc.com/id/101391576]US private companies created 175,000 jobs in January vs. 180,000 estimate[/url]

[Plantagenet]

$this->bbcode_second_pass_quote('copious.abundance', '[')b]US private companies created 175,000 jobs in January vs. 180,000 estimate

[copious.abundance]

It's not the "latest" data. They were both data for the month of January.

And as I said, considering that the ADP report only covers the private sector, whereas the BLS report includes both the private and public sectors, and the ADP report said 175K private sector jobs were added while the BLS report said 142K private sector jobs were added, the two reports were actually fairly close to one another. In fact, given the margins of error in both reports (BLS is about 100K jobs either direction, not sure what ADP is), they're even closer.

[Plantagenet]

$this->bbcode_second_pass_quote('copious.abundance', 'I')t's not the "latest" data.

$this->bbcode_second_pass_quote('Plantagenet', '')$this->bbcode_second_pass_quote('copious.abundance', 'I')t's not the "latest" data.

[Loki]

$this->bbcode_second_pass_quote('copious.abundance', 'H')ere, I'll help Loki out with this bump. Now, all one has to do is read the big, bold red words. And notice the word beginning with a 'p.'
$this->bbcode_second_pass_quote('copious.abundance', '[')url=http://www.cnbc.com/id/101391576]US private companies created 175,000 jobs in January vs. 180,000 estimate[/url]

$this->bbcode_second_pass_quote('Loki', 'Y')ou need to read beyond the headlines. Making the font red and size 18 doesn't support your point. The 180k estimate included government jobs.

[Loki]

I'll try to dumb it down, but this is my last attempt:

(1) Your 180k figure comes from a specific survey of economists conducted by Bloomberg---please research this before you refer to "CNBC or any other media outlet surveys economists," you're coming off as uninformed, it's embarrassing to the site

(2) Bloomberg says this 180k figure includes changes in public sector employment

(3) ADP's estimate of private sector job creation cannot be directly compared to the Bloomberg figure---please refer to #2

Please try to read beyond the headlines in the future and try to understand the content you're cutting and pasting.

[Plantagenet]

$this->bbcode_second_pass_quote('copious.abundance', '
')Wrong-o! The date of release is irrelevant.

$this->bbcode_second_pass_quote('Loki', 'I')'ll try to dumb it down, but this is my last attempt:

(1) Your 180k figure comes from a specific survey of economists conducted by Bloomberg---please research this before you refer to "CNBC or any other media outlet surveys economists," you're coming off as uninformed, it's embarrassing to the site

(2) Bloomberg says this 180k figure includes changes in public sector employment

(3) ADP's estimate of private sector job creation cannot be directly compared to the Bloomberg figure---please refer to #2

Please try to read beyond the headlines in the future and try to understand the content you're cutting and pasting.