Wednesday, August 31, 2011

New St. Louis Job Numbers

According to the BLS, the St. Louis metro area added 3,700 jobs in July.  I suspect these numbers are close to meaningless, however, and that the entire year's worth of data will be revised downward in March.  The BLS's estimates suggest that St. Louis added almost 16,000 jobs since July of last year, a rate that rivals the boom years of 2004-2006.  This just doesn't pass the smell test.