Posted on 06/04/2010 5:32:02 AM PDT by C19fan
Total nonfarm payroll employment grew by 431,000 in May, reflecting the hiring of 411,000 temporary employees to work on Census 2010, the U.S. Bureau of Labor Statistics reported today. Private-sector employment changed little (+41,000). Manufacturing, temporary help ser- vices, and mining added jobs, while construction employment declined. The unemployment rate edged down to 9.7 percent.
(Excerpt) Read more at bls.gov ...
In spades! Agreed!
” As I posted yesterday : 41K private sector jobs per month at ~ 147 billion $ borrowed (4.9 billion borrowed per day.) “If you take an average across a 30 day month that’s 147 billion $ debt for the 55K jobs (using this peak number in his favor) or 2.6 Million dollars per private sector job created.” #10 “
Whachoo doin, boy?
Who told ya to run dem numbers????
Well, in all hyperbole and fairness, I’m willing to bet that the stimulus is doing exactly what those who pushed it through wanted it to do: line their (and their friends) pockets, while seeling us down the river.
Exactly. That was the intended purpose all along.
Job creation was the excuse to get it passed, not the fact and not the purpose.
But then what could we all expect when NOBODY IN CONGRESS READS THE !@#$%^&*! BILL!
You wont see the CBO run those numbers.
“We’ve got to pass it to find out what’s in it,” you know.
” You wont see the CBO run those numbers. “
Oh, HELL no!!
411,000 census workers? Holy Crap!
Obamaman continues his Destruction of the USA. Time the Young and Able to emigrate...
My son is a “Journeyman” Electrician and has not worked in one year.
It’s only going to get worse come September and October. Adding 40,000 private secter jobs per month and 400,000 “temporary” gubment jobs for the Census, coupled with approximately 450,000 first time unemployment numbers per WEEK, is disastrous! (Sorry for the run-on sentence)
Lies, Damn Lies, and Statistics.
But to where? East Asia?
I don’t think many people will find 9.7% unemploymnet to be good news.
Unfortunately, the markets are taking notice!
They're not going to let the market tank today and overshadow the "Unemployement Dropped to 9.7!" media celebration today. PPT will take of it.
Have they counted the oilfield yet?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.