I really don't know where to start on this one.
I could sit here all day and write on this subject, and still have to come back tomorrow to to finish.
The Labor Dept. reported that the private sector employers added 18,000 new jobs in June. That is the fewest amount of jobs created in nine months.
Incredible......
The jobless rate jumped to 9.2 % from 9.1 %. The job growth is not even keeping up with the population growth. Kinda scary huh ? It would take 125,000 new jobs just to keep pace with the population growth.
The President found a new word on his teleprompter. He is blaming "headwinds" for the uptick in unemployment. Webster's dictionary describes headwinds as a rise in gasoline prices, the European Financial Crises, State and local budget cuts and last but not least, uncertainly over the Dept Limit. Don't look for a copy of the dictionary in your local bookstore, I think The President received the one and only copy.
Like I said, I could spend all day writing this, but I'm not going to.
When Obama took office, the economy is down 2.5 million jobs. OUCH ! ! ! The jobless rate has been at 9 percent. What do you think the chances are that B.H.O. will be re-elected.
In June, businesses added the fewest jobs in more than a year. Governments cut 39,000 jobs. Over the past eight months, federal, state and local governments have cut a combined 238,000 positions.
Fox News reports that In June, businesses added the fewest jobs in more than a year. Governments cut 39,000 jobs. Over the past eight months, federal, state and local governments have cut a combined 238,000 positions.
Unemployment has never been so high so long after a recession ended. At the same point after the previous three recessions, unemployment averaged just 6.8 percent.
Average hourly wages declined last month. After-tax incomes, adjusted for inflation, have been flat this year. The average work week declined to 34.3 hours, from 34.4, which means employers demanded less work from their existing staffs.
The number of unemployed workers rose almost 175,000 to 14.1 million, pushing up the unemployment rate. The number of long-term unemployed -- those without a job for 27 weeks or more -- made up nearly half of that number.
Like I said i could spend all day on this subject..........but I'm not going to.
yours in Liberty !
Bob Yeager
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