175,000 jobs added is supposed to be good? It is pathetic!
The jobs report is a joke. Most of the jobs “added” are part time minimum wage. I believe we need 200,000 full time jobs per month just to keep up with population growth.
The unemployment rate is a farce. It has nothing to do with how any are unemployed. It only says what percentage are collecting unemployment checks.
Good grief, as Charlie Brown used to say. They are talking as if our main problem is the prospect of an “overheated” economy. Meanwhile two days ago on TV it was reported that something like seventy one percent of American families don’t have even one thousand dollars in savings and forty seven percent could not meet a four hundred dollar emergency without borrowing money. Yeah, our problem is that things are just too good, really, Obama explained it all.
These are not real jobs. Over 90% are part time jobs, with no benefits, and no future. Impossible to live on the annual wages these jobs provide. Essentially beer money, nothing more.