iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

BELIEVE IT: All of the ‘December Surprise’ Employment Gains were Seasonal

Looks like the online shopping business has provided a large seasonal boost to the employment survey.

Employment in transportation and warehousing rose sharply in December (+50,000). Almost all of the gain occurred in the couriers and messengers industry (+42,000); seasonal hiring was particularly strong in December. [Emphasis mine]

Full BLS report is here.

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One comment

  1. TJWP

    For shame!!! You do not read my posts 😛

    http://ibankcoin.com/tjwp/2012/01/06/labor-report-key-facts/

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