U6 increased again to 15%
I wonder how many of those are seasonal..
The economy does not create jobs. Hard working industrious people who risk their own capital in order to better their own lives create jobs.
To say that the economy created these jobs is the same as Obama telling people they didn’t build their own businesses, that other people did it for them.
-——the unemployment rate fell to 8.3 percent.———
I thought it was 8.2% before. I must have missed the unheralded re adjustment to 8.4%
Not good numbers. August, September & October will show lower numbers. Gas prices are rising rapidly. It takes a month or two to reflect the downward trend in the job numbers. Obama continues to destroy the USA economy which is just what he wants to do!!!
Are there no editors or even proofreaders left in the mainstream media? Some of us would agree with the headline that when the unemployment rate goes from 8.2% to 8.3%, that should be referred to as rising and not falling. This journalistic error is unexpected, just like the bad economic news.
Economy Creates 163,000 New Jobs but Rate Rises to 8.3%
but the unemployment rate fell to 8.3 percent.
Not to be picky, And I know you didn’t write this stuff. Which is it? Did it Rise or Fall?
I really detest poorly written material from these so-called Professionals.
Unemployment rate rises....stock market reacts positiveley
unexpectedly
June new Jobs was revised down from 80,000 to 64,000.
The 163,000 new jobs were all Obama campaign workers.
The “unemployment rate fell to 8.3%”?
Wrong, propagandists, it rose to 8.3%.
Thanks for posting. I did it when it was breaking on air but for some reason the thread got yanked...I guess URL inclusion is needed even if the breaking news is accurate and inevitably accessible.
Well, for some of us anyway ;-)
Clip from NPR:
Update at 8:42 a.m. ET. Job Growth Averaging Around 150,000 A Month:
According to BLS, “since the beginning of this year, employment growth has averaged 151,000 per month, about the same as the average monthly gain of 153,000 in 2011.”
At that pace, however, there aren’t enough new jobs being added to bring down the unemployment rate.
...................................
I swear, these people ought to be stood up against a wall and offered one last cigarette.
Does anybody think Obama voters really want jobs?
It’s higher than that.
Gasoline just skyrocketed to $4/gallon here in Indiana.
Unemployment going back up.
Baraq is gonna suck bilgewater come November.
To be revised downward shortly...
* The unemployment rate, which is derived from a separate survey of households, rose to 8.3 percent. That will give Republican presidential hopeful Mitt Romney ammunition for his charge that President Barack Obama has not done enough to help the economy since the 2007-2009 recession. It also raises pressure on Federal Reserve to ease monetary policy. The household employment survey ran in the opposite direction as the establishment survey of employers. The household survey showed the number of people with jobs fell by 195,000. In another worrisome sign, the household survey showed the size of the workforce decreased by 150,000. To be in the workforce, a worker must be either employed or seeking work. The participation rate, a measure of the amount of people employed compared to the size of the workforce, fell to 63.7 percent from 63.8 percent.