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Reply #7: Those are new unemployment claims -- it doesn't tell you how many are employed [View All]

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FarCenter

(1000+ posts) Send PM | Profile | Ignore

Thu Sep-15-11 05:38 PM
Response to Reply #4

7. Those are new unemployment claims -- it doesn't tell you how many are employed

You have to know both hires and fires to know how employment changed.

The 30,000 for BoF is global, out of 288,000 employees. Some will be sold off with divisions to other companies, and it is over 2 years.

In the overall employment picture for the US, it is not so large.

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