Posted on 07/03/2014 6:57:14 AM PDT by kristinn
Hiring over the past five months has been the strongest since the late 1990s tech boom as the economy added 288,000 jobs in June and the unemployment rate fell to 6.1 percent from 6.3 percent.
The Labor Department says those gains follow additions of 217,000 jobs in May and 304,000 in April, figures that were both revised upward.
(Excerpt) Read more at nola.com ...
Increase in population over the last month = 180,000.
Stocks follow the rules of supply and demand just like everything else. Too many dollars chasing too few goods.
Ping!!
Like minimum wage, I just “love” these numbers, like the smell of the baking oven of Hitler.
This is a government IRS pat on the back as to how much money they owe, killing the rest off. Hence the economy of death is roaring, filled with abortion and the beginning of a sewage for humans developments.
Liberals have “won”, Obama has “won”, they have won big indeed in discouraging subsistance and even getting unemployment pay from the government, heck they even won the next “vote for me now then die” illegal votes.
There, Democracy for you. The political win avoiding the “death wish” against abortion is such oxymoron.
Right there, this unemployment cost cheating figures are the death knell.
bump
I remember the good old days when during the Reagan REAL recovery the private sector was creating millions of jobs a month.
And back then, instead of celebrating, the LSM were lying about the new jobs as “nothing but low end hamburger flipping jobs.”
But, as usual, the left thinks history doesn’t exist.
In addition to this, June Full-Time Jobs Plunge By Over Half A Million, Part-Time Jobs Surge By 800K, Most Since 1993.
Too many dollars—where are those coming from? Everybody I know is still suffering through the Obama depression.
20 years ago, such people would have been laughed out of the room.
What kind of person can expect that Taco Bell is going to pay you to support a family?
Those jobs are for teenagers.
At least they WERE.
If there are that many people who really are working at McDonalds to support their families, then the economy is in terrible shape.
The MSM is SO incurious about pursuing that question.
Why?
What would be the REAL UNEMPLOYMENT figures if those who quite looking for work were put into the “unemployed”total figures?
It would probably shoot up to 8% or higher.
Nothing seems as it really is under Obama’s “Alice in Wonderland”/George Orwell’s “1984” marxist regime.
These numbers from the people who lie non-stop?
Who say there is no inflation (but delete food, energy, etc) from calculations?
Who are the most corrupt, dishonest, incompetent Administration in living history?
And that with almost 100,000,000 people lacking jobs, say the unemployment rate is 6 percent?
These people?
And anyone believes them?
rrriiigggghhhtttt!
Only a idiot, or mind-numbed robot would believe the manure shovelings from the highest levels of the bandit regime.
And this is not to pick on Dems only.
We can characterize the leadership of the two mainstream Parties:
Democrat Leadership aka fascist criminals.
Republican Leadership aka village idiots.
You are so right. It’s becoming so ridiculous that I wonder if we are characters in fiction but I realize no one could write this.
Well, maybe our founders, Orwell, Rand, etc. lol
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