News, good, bad and of no significance, came in the latest job numbers from the federal Bureau of Labor Statistics and the state’s Department of Workforce Solutions.
The insignificance in the changes from January 2011 to January 2012 was both in terms of size—the changes being small—and statistics—the changes also being too small to matter.
For example, we added all of 300 people to the labor force between December and January, the BLS said, bringing the January labor force total to 920,800 on a seasonally unadjusted basis. The change is both small and statistically insignificant.
That the labor force grew, however slightly, was a switch, a bit of good news.