Back home, a recent year's worth of Bureau of Labor Statistics jobs-growth reporting was revised upward by almost 400,000, and although that is but a small dent in the supposed 23 million without work, or without as much work as they'd like, it is somewhat ironic that the "year" reported on seems almost entirely contained within the period where there was intense gridlock and a blocked jobs bill in Congress. Here's an excerpt from the Forbes article:
The Bureau of Labor Statistics is out with its annual update to benchmark unemployment numbers (for the more cynical among you, the BLS does this every fall so this is not a number being ‘timed’ for the election), and the numbers reveal that 386,000 more non-farm jobs were actually created between March, 2011 and April 2012 than what had been originally reported.
The figures represent a variance from the previous data of 0.3 which sits right at the norm for annual benchmark adjustments which are typically up or down by 0.3 percent.
As a result of the revision, the Obama administration can now claim a net job increase of 125,000 rather than what had previously been believed to be a net loss of 261,000 jobs.
Of course, it remains a muddle, but it still feels like things are bad and not improving, or not improving fast enough, for millions and millions of workers throughout Europe and America. And, in some countries and counties, of course, they seem to be getting worse.