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Friday, August 06, 2004

32,000 new workers = ?

The news is out, U.S. employers added 32,000 to payrolls in July.

Let's do a little back-of-the-envelope calculation and focus on mid-sized states. Ones with a population between 4 and 6 million. Those states are:
  • Alabama
  • Arizona
  • Colorado
  • Kentucky
  • Louisana
  • Maryland
  • Minnesota
  • Missouri
  • South Carolina
  • Tennessee
  • Washington
  • Wisconsin
Interesting that several are battleground states.

Each state has about 1.6% of the population (5 mil/300 mil) so of those 32,000 jobs, each state got 513 jobs in the month of July. That's really small.


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