Posted on 07/08/2011 3:32:48 PM PDT by NormsRevenge
WASHINGTON (AP) -- The job market is defying history.
A dismal June employment report shows that employers are adding nowhere near as many jobs as they normally do this long after a recession has ended.
Unemployment has climbed for three straight months and is now at 9.2 percent. There's no precedent, in data going back to 1948, for such a high rate two years into what economists say is a recovery.
The economy added just 18,000 jobs in June. That's a fraction of the 90,000 jobs economists had expected and a sliver of the 300,000 jobs needed each month to shrink unemployment significantly.
The excruciatingly slow growth is confounding economists, spooking consumers and dismaying job seekers.
(Excerpt) Read more at sfgate.com ...
Exactly what recovery are they talking about?
Obama: ‘We still have a long way to go’ on jobs
http://news.yahoo.com/blogs/lookout/obama-still-long-way-jobs-151952202.html
uddenly
Priority Number One !!!
Jobs!
FORE!!!
Business is giving Baraq “feedback” on his economic plan.
Thank God we have a Republican controlled House.
If not for that, imagine what the next round of “stim” would look like.
s + uddenly = suddenly
or should I say
‘unexpectedly’
Monthly unemployment in the US from June 2010 to June 2011. President Barack Obama said Friday the US economy has "a long way to go" towards a strong recovery, after the government released weak jobs figures showing unemployment crept up to 9.2 percent
Socialism and fascism don’t work (no pun intended) and Obama is proving that the two of them together is nothing but an economy killer.
WTF?
The Ministry of Truth rides again...
In other news...
Oceania Has Always Been at War with Eastasia.
We have a President who has never been responsible for so much as a lemonade stand before, who governs by selective demonization and class warfare, a polarized Congress that hasn’t produced a budget in two years, and an environment of crony capitalism where palace intrigue and pull determine who gets government help to exterminate their competition. And over it all, the looming spectre of Obamacare, threatening to bankrupt large and small companies alike. I’m astonished anyone is getting hired for anything.
And that includes the recessions when we didn't fudge the unemployment numbers. The only precedent is the Great Depression when the Democrats' hero, FDR, was mismanaging things.
In decades?
When was the last time this happened, Carter?
That’s because the dems were in full charge then, as they were this time, nitwits.
Elections have consequences.
and there aren't gonna be any jobs till the boy is out of office either...
In one paragraph you nailed it.
Shame our elected officials aren’t as smart as you are.
“The job market is defying history.”
Nope media assclowns and OBOTS...OBAMA IS DEFYING EVERY SINGLE THING THAT MADE THIS COUNTRY GREAT AND DESTROYING OUR COUNTRY IN RECORD TIME!
Newsflash!
AP is losing revenue, no one is propering except Government, which produces no wealth and is a drain on the economy.
The Libtards are in absolute, utter denial and will shield ZerO until the end.
We seem to be Argentina now.
Geez..even 7 Eleven demands a college degree? No wonder this country is so screwed up....lol!!
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