January Numbers Indicate New Entrepreneurial ‘Opportunities’

The numbers will of course, be revised.

They ALWAYS are.

dtmbBanner1_365855_7However, the Michigan Department of Technology, Management & Budget issued a release yesterday touting a reduction in the unemployment rate and an increase in the labor force. There were apparently 32,000 more WORKING in Jan 2014, than in December 2013.  There was apparently an 11,000 person increase in the LABOR FORCE (available workers) during the same time. And this resulted in a net decrease in the unemployment rate to 7.8%.

But the 32,000 gain in total employment has an interesting sidekick of payroll job reductions.  During the same period that employment gains knocked a point off of UE numbers, actual JOBS provided to workers by external employers, decreased.

MLIVE Puts it this way:

“Total employment rose by 32,000 from December to January, according to the department, while the total number of unemployed declined by 20,000. The state’s labor force increased by 11,000. But payroll jobs, which do not include self-employed, dropped by 8,000.”

Did you see that?  There must be a huge increase of persons who are now considered ‘self employed.’

Excuse me while I go out and congratulate the ‘bottle recovery specialist’ who just happens to be rummaging around in my dumpster.

You Betcha! (1)Nuh Uh.(0)

  3 comments for “January Numbers Indicate New Entrepreneurial ‘Opportunities’

  1. KG One
    March 6, 2014 at 2:05 pm

    I'd never thought that I'd see the day when a republican governor would employ Obama-logic.

    Oh wait!

    What am I saying?

    Higher taxes on the producing class (income & pension).

    State department allowed to run amok (DNR & rogue AG staff).

    And that little thing called "Obamacare" (Medicaid expansion, anyone).

    I'm a little surprised that the dems have not dumped Schafer already for someone more in sync with their objectives?

    You Betcha! (0)Nuh Uh.(0)
  2. KG One
    March 6, 2014 at 2:08 pm

    D'oh!

    Schauer, not Schafer.

    You Betcha! (0)Nuh Uh.(0)
    • March 6, 2014 at 2:13 pm

      We knew who you were talking about.

      You Betcha! (0)Nuh Uh.(0)

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