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U.S. job growth cools, unemployment rate rises to 6.2 percent
Reuters ^ | 08/01/2014 | LUCIA MUTIKANI

Posted on 08/01/2014 5:51:09 AM PDT by SeekAndFind

U.S. job growth slowed more than expected in July and an unexpected rise in the unemployment rate pointed to some slack in the labor market that could give the Federal Reserve room to keep interest rates low for a while.

Nonfarm payrolls increased 209,000 last month after surging by 298,000 in June, the Labor Department said on Friday.

Data for May and June were revised to show a total of 15,000 more jobs created than previously reported, showing underlying momentum.

(Excerpt) Read more at reuters.com ...


TOPICS: Breaking News; Business/Economy; Culture/Society; Government
KEYWORDS: jobs; unemployment
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To: GRRRRR

Fox is reporting the U6? Very interesting. This is the first time I have heard of an MSM report something other than groupthink talking points and in this case something other than U3. I didn’t think an MSM is capable of independent thought.


41 posted on 08/01/2014 12:21:59 PM PDT by ForYourChildren (Christian Education [ RomanRoadsMedia.com - a classical Christian approach to homeschool])
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To: SeekAndFind

“unemployment rate rises to 6.2 percent”

Damn that Bush. /s


42 posted on 08/01/2014 2:24:34 PM PDT by lowbridge
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To: SoFloFreeper

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- Homo Hussein Electus II

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43 posted on 08/01/2014 4:40:37 PM PDT by devolve (-Tell VLADIMER after my ERECTION I have more 90% more FLEXIBILITY - pre-1899 Colt SAA frames needed)
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To: moviefan8

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- Why report income when Obama spends $100M of US taxpayer’s money on his golfing vacation in Ebola Valley, Africa?

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44 posted on 08/01/2014 4:45:11 PM PDT by devolve (-Tell VLADIMER after my ERECTION I have more 90% more FLEXIBILITY - pre-1899 Colt SAA frames needed)
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To: SeekAndFind

Interest rates are very low because they know damn well if they raise them, they’ll put the final bullet into the head of what’s left of the economy...


45 posted on 08/01/2014 5:45:56 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: SeekAndFind

The kids got out of school and tried to find jobs.


46 posted on 08/01/2014 5:52:54 PM PDT by fwdude (The last time the GOP ran an "extremist," Reagan won 44 states.)
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To: moviefan8

What state do you live in?

Very curious as if you are in Massachusetts please contact me.
I need part time work at least. Working full time + with self employment but its not enough.

Will be applying at the USPS soon as they are looking for part timers.


47 posted on 08/01/2014 7:55:38 PM PDT by warsaw44
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To: SeekAndFind

pure bullshit.


48 posted on 08/01/2014 10:54:17 PM PDT by kingattax (a real American would rather die on his feet than live on his knees.)
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To: SeekAndFind

There has never been so many people that have dropped out of the workforce than there have been as a direct result of Obama’s anti-growth policies. Even though these people have no jobs and are not working, they are not considered to be unemployed by the liars in government that spew these false “unemployment” numbers to the public at large.

Real unemployment (the number of people not working) is the highest it has been in the entire history of the US.

FUBO


49 posted on 08/03/2014 7:01:38 AM PDT by Gabrial (The nightmare will continue as long as the nightmare is in the Whitehouse.)
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To: SeekAndFind

Real unemployment for the general population is somewhere between 18% and 25% and some demographics are much higher.


50 posted on 08/03/2014 10:25:12 PM PDT by 2ndDivisionVet (The most dangerous man to any government is the man who is able to think things out for himself.)
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To: MrB

Very good point. Everyone know these government numbers are complete BS.


51 posted on 08/09/2014 8:31:17 AM PDT by KC_Conspirator
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To: SeekAndFind

http://www.usmayors.org/pressreleases/uploads/2014/0811-release-metroeconwagegap.pdf

A new report from the U.S. Conference of Mayors delivers a sobering, if unsurprising, statistic about America’s economic recovery since the recession of the late 2000s: Present-day wages in the U.S. are down 23 percent from their 2008 levels, resulting in $93 billion in lost pay for American workers.


52 posted on 08/16/2014 9:14:37 PM PDT by TomasUSMC (FIGHT LIKE WW2, WIN LIKE WW2. FIGHT LIKE NAM, FINISH LIKE NAM.)
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