Skip to comments.June Payrolls +195K Much Higher Than Expected (7.6%); Underemployment Rate Soars To 14.3%
Posted on 07/05/2013 5:36:41 AM PDT by Perdogg
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Mining and Logging:
Impeachment File on Benghazi Coward B. Hussein Obama, formerly known as Barry Soetoro, a Legal Citizen of the Sovereign Nation of Indonesia.
I wish that were the direct cause. The meltdown was already starting. Now Barney Frank taking over the banking committee and Maxine Waters on Financial Services completely missed the boat on Fannie and the banks so that didn’t help. But the dye was already cast bu that point.
Thanks for posting all the charts.
That bright red line for the 2007 recession is VERY telling.
Let’s see... wasn’t that recession Bush’s fault?
Is it just me, or is this month’s “larger” 28 gram chocolate ration considerably less satisfying than last month’s “smaller” 45 gram ration?
In my area of southwest Colo., tourism/hospitality is important. But the high gas prices are keeping the RV traffic down.
how many of these are full time jobs and not one full time restaurant job being split into 2 part time jobs for Obamacare?
Yup...some of that is what this is, the full-time job splits from business coping with 0bamacare.
The one thing I wish we could do is compare the “real” unemployment numbers between Bush and Obama. The problem is that we never used “real” unemployment numbers when Bush was President for whatever reason. It would be interesting to compare the facts between then and now.
Disposable incomes based on the first quarters numbers and since are falling at about 9% per year. Thats horrendous.
The entire Department of Defense begins Furlough’s next week. Watch that 9% skyrocket. I am one of the DOD folks who will be furloughed 20 percent a week....guarantee I am watching my pennies until AT LEAST October and many others like me are doing the same.
I hope they don’t count Federal, State, and local government employees as “employed”.
A) They produce nothing, B) They consume what others produce.
Every such employee should count twice as “unemployed”.
The numbers upon which the report are based are faulty. Anything "good" under the Obama cabal is rooted in pernicious lies.
The price of gasoline is killing hard-working Americans as the Obama regime regulates domestic energy producers to the point of failure. And his banning of offshore drilling only makes the consumer subject to the whims of the muzzies as this chart clearly shows (and things have only gotten worse).
Republicans are the party of prosperity. DemonRATS are the party of poverty. It's that simple.
During the "Contract with America", when Newt Gingrich and the GOP has neutralized Klintoon, gas prices here in Texas were at 78 cents a gallon. The Bryan-College Station was under 2%. America is reeling under the anti-business, pro-union policies of Obama. Granted, Texas is doing fairly well but it pales in comparison to the economic vigor during the Gingrich-Bush era.
Without any new jobs in industrial production and hard goods manufacturing the rest is all fluff and foofaroo. This is reminding me of the conversations back in the 80’s about how neat the world was gonna be when we become an information based economy——here’s a piece of information: Don’t bet the farm on the above report meaning anything positive for the long term.
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