LOL! Just saw the Miami media try and spin this in Obama’s favor!
Sponsoring FReepers are contributing
$10 Each time a New Monthly Donor signs up!
Get more bang for your FR buck!
Click Here To Sign Up Now!
I wonder how much of these jobs are part of the hospitality industry???
Only under Obama is 7.6% considered good.
Employment in most other major industries, including mining and logging, construction, manufacturing, and transportation and warehousing, showed little change in June.*********
That’s the problem with this report. Disposable incomes based on the first quarters numbers and since are falling at about 9% per year. That’s horrendous.
The average workweek is contracting and and there are no jobs in heavy industry which are the jobs that pay. Welcome to the fast food recovery.
Many of the new jobs were part time. The number of Americans who said they were working part-time but would prefer full-time work jumped 322,000 to 8.2 million. That's the most in eight months.
And you wonder why Obama just threw Obamacare under the bus?
Isn’t 200,000 considered the break-even point?
Any way to make Congress and president part time?
Credit Intermediation (+6,000) - people falling behind on their debts due to no job(s) or underemployment
Temporary Help Services (+10,000) - lack of permanent jobs available
If anyone in this Administration (or the MSM - but I repeat myself) tries to put a positive spin on these June numbers, I ain't buying it!
This is what the administration saw coming and pushed back ZerOcare to 2015.
This is how they come up with the numbers. They assume the number of people that "should" be hired in a booming economy and add that to the numbers, rather than count the real number actually hired.
These numbers mean nothing. Take away all the fictitious numbers, add those grossly underemployed or unemployed, and this country is in big, BIG trouble.
I also think the bond market crash is starting, too.
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?
how many of these are full time jobs and not one full time restaurant job being split into 2 part time jobs for Obamacare?
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.
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”.
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.