Another reason I’m glad the election is over: Three months ago, several thousand blogger-hours would have been devoted to explaining why today’s news of employment growth is good or bad news, true or false, the dawnning of a bright day or a sure sign of coming gloom. For me, I’m going to say only: It just is, alright.
Payroll employment increased by a total of 2.2 million jobs in 2004, said Kathleen Utgoff, commissioner of the Bureau of Labor Statistics. That was the best showing since 1999, when employers added 3.2 million positions. In 2003, there was a net reduction of 61,000 payroll jobs.