Quote:
Originally Posted by marothisu
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This is obviously great news. And obviously there's a real, big bump. But 35,000 jobs a month is 420,000 jobs a year, which equates to about a million residents. If we assumed those folks move here, which they would need to if this rate of job creation continued.
This sets off a few quiet alarms for me. I can see adding jobs at that rate if we'd just come out of a steep recession or if there was an error in seasonal adjustment. I could be wrong, but I'd bet on that being revised down a bit to some other very-good-but-not-THAT-good number, since the rate seems literally in-credible.