Summers are traditionally not the strongest time for hiring, which often picks up in the fall or early winter. In June, the total non-farm payrolls dropped by 221,000, once again because many part-time census workers had finished their work. August is not expected to show major gains because it’s the time of year when many municipalities begin to implement their new budgets, which this year are shrinking.
In fact, according to the web site, DailyJobCuts.com, many municipalities are beginning August with pink slips. For example, Dallas is laying off 500 workers; Neosho, Mo., will shed 22 police and fire fighters; and Romulus, Mich., says it may have to layoff 32 police, firemen, and emergency medical services personnel to balance its budget.