I would believe a LOT of people are questioning these numbers on ‘new hires,” as they should. Is this, in fact, new jobs created by the ‘private sector,” or are they just new hires brought on to replace people who left those jobs due to attrition? Or, even worse, are they middle-class, trained and experienced, formerly well-paid, white collar workers who have been let go by their chosen profession and have now taken jobs with Dunkin’ Donuts on the overnight shift, or with the local hardware store, just to make some money? Considering what we just heard about layoffs just this past weekend, you MUST look at these numbers with a jaundiced eye."
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