[Perdogg]

No where in that first paragraph do you see that unemployement fell to 4.8% (beyond full employment).

But that would be going against the newsmedia talking down the economy.

[Safetgiver]

Ummm.... still better than when Clinton was in office, less than 7.5 %. Why compare BEST to less than best? If we are in a recession now, we must have been in a DEPPRESION during Clinton. The media is really trying to get to a “ It’s the Economy, Stupid.” moment to downplay Bush’s legacy.

[murphE]

...always look on the bright side of life...

[BGHater]

* Construction Jobs Fell 39,000
* Manufacturing Jobs Fell 52,000
* Goods Producing Jobs Fell 89,000
* Private Sector Jobs Fell 101,000
* Government Jobs Rose 38,000

Oh joy, more Gov’t jobs.

[The_Republican]

Half of them laid off by Hillary Klinton’s campaign.

[icwhatudo]

CNN during Bush:
"Despite the loss, the unemployment rate improved to 4.8% from the 4.9% reading in January. Economists had forecast the unemployment rate would rise to 5%."

vs CNN during Clinton:
July 5, 1996 WASHINGTON (CNN) -- Economists didn't expect June's unemployment rate to be much different from May's, which was an already-low 5.6 percent.

5.6 is already low under clinton. 4.9 is something you improve from under Bush.

[KoRn]

"The weak report fueled already mounting recession fears and is likely to keep the Federal Reserve cutting interest rates further when it meets later this month."

Why don't they just go ahead and make interest rates 0.00, and be done with it? /sarc

[em2vn]

Bass Pro Shops cleaned out its design department today with the exception of 5 people. Bass Pro is feeling the pinch like most retailers are. But everything is fine isn’t it? Ask those people who got the axe.

[headstamp 2]

Excellent! Time for $110.00 oil.

Yowza!

[yldstrk]

Yeah, but UNEMPLOYMENT FELL

[rockinqsranch]

FWIW: Trucking freight, as I have posted in the past is to us an indicator (Rule Of Thumb) of the real condition of the economy as we learned many years ago. Involved with the movement of freight since the late ‘60’s.

Traditionally the movement of freight drops terribly the end of any year and remains slow until no later than Mid April, therefore it is currently in the annual slump period, but it’s right where it is supposed to be when the economy is in good shape. “There’s a whole lot of consuming going on...”.

We will start to believe the economy is in lousey shape if in Mid April when the freight market traditionally accelerates, it doesn’t.

Some may think our guage of the economy is silly, stupid, or naive, but we’ve come to believe in our observations over the years far more than the doom and gloom scenarios presented in the MSM.

To us it has always been an accurate guage.

We don’t trust the media, no matter the media as “Agenda” has overtaken “truth” as by law of journalism.

[38special]

Houston, Texas is doing just fine. Ya’ll come on down and stay awhile.