Oh brother. Some of you people just amaze me. We're still creating jobs, but you buy into the expectations game and about slit your wrists. Geez.
Right. Kerry's camp refuted an expected 15 point bounce as "the Bush people creating unrealistic expectations" so it would look bad when he "only got 5 to 8 points". Now, you buy into the same thing in reverse. Remind me, did Kerry get an 8 point bounce?
You are correct.
We are STILL CREATING jobs, just at a lower creation rate. If we saw a # like -32,000, that would be of concern.
Also, what about cyclic factors? July is a vacation month. So is August. I, personally do not expect to see big gains in August. However, the key #'s to look at are the September figures.
The October figures will be out a few days too late to make any difference in the election. September is the Key.
In any event, gains are gains.
Bush set expectations when he said that something like 2 or 3 million new jobs would be created this year. He'll have to spin this pretty good.
these are terrible numbers. there is actually a chance that we might have a negative month for august or september. anyone who says this is good news, you've got to be kidding me.
Dude, sarcasm.
Expecting 100K new jobs per month in a GDP growth environment like this one isn't setting expectations too high.
Sorry, coop, but with 200,000/mo. natural growth plus another 200,000/mo. in immigration, job growth of merely 50,000 is downright recessionary. Fewer jobs per worker than last month.
What amazes me is how everyone thinks it's the President's fault if jobs are up or down in one month. Give me a break here... Contrary to what most may believe, Bush and Clinton had little to do with how busines in the private sector is conducted. The Government only works to 'hinder' growth and do little to help it. Best thing the Government can do is get out of the way and let people do business...
Is there anyway to find out the job growth numbers the last four months of Clinton's presidency?