People think job creation is great. The only fly in the soup is reality. We believe it because MSNBC and the rest of Obama’s cheerleaders are still telling us, for four consecutive years since the recession officially ended, that Obama’s economic is booming and prosperity is just around the corner.
http://www.freerepublic.com/focus/f-news/3027524/posts
The ADP jobs report is out, and it’s a miss.
US companies added only 135,000 jobs in May, which was well below the 165,000 expected by economists.
The April measure was also revised down to +113,000 from a prior reading of +119,000.
“Notably, a gain of 5,000 jobs in the construction industry during May was offset by a decline of 6,000 lost jobs in the manufacturing industry,” said ADP’s Carlos Rodriguez.
How many of the new jobs were full-time?