There are always some interesting factoids in various industries and sectors in each monthly breakdown of the Employment Situation from the Bureau of Labor Statistics. Friday’s BLS report was a much stronger than expected gain in both nonfarm payrolls at 236,000 and total private sector payrolls of 246,000. It almost sounded like good news that the “government” sector jobs fell by 10,000. Almost.
While housing construction added more than 17,000 jobs in February, one surprise boost came from some 20,800 jobs added in the motion picture and sound recording industries. Those $12 movie tickets must help a lot. Another 16,000 of the added payrolls came from temporary help services. The one figure that stood out above and beyond any rational explanation was that the good old U.S. Postal Service somehow added about 4,500 more workers.
The U.S. Postal Service continues to lose money as it is bleeding cash to keep…
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