Friday, September 05, 2014

I don't understand

The Labor Department reported job growth of 142,000, which was not expected and was lower than that for the past eight months. Some New England newspapers attributed the limited growth to labor problems at Market Basket, a Massachusetts grocery chain that employs about 20,000, most of whom are part-time.

The comment in the BLS report which resulted in a front page mention on the Boston Globe was: In August, retail trade employment was little changed (-8,000). Food and beverage stores lost 17,000 jobs; this industry was impacted by employment disruptions at a grocery store chain in New England.

How one can take that comment and use it  to elevate the importance of a local business dispute I can't figure out when we're talking about a labor force in the millions and a loss of 8,000 employees in the retail trades.

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