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It will be over 200,000 new jobs. The expectations are 238,000.
I bet we won't come even near that. Our economy hasn't grown more than 200,000 jobs for longer than three months ever since Clinton's days. The government has its hands deep into all sectors of our economy trying to hold things up but the crash has to come sometime.
the number of claims increased over last month that I saw. the problem is 6 years later we have just broken the number back then. But it takes 200K each month to create enough jobs to allow for people entering workforce. That is why for 6 years we have not recovered on jobs front.Looking at declining growth in GDP; the number giving up and called non-participation even with Boomers retiring at 10K a day;it doesn't look good. Not to mention the types of jobs being created but you can read the headlines on that. The FED certainly does think things are going good or they would drop jobs in their consideration on interest rates being held low. I think perhaps democrats are happy with anything the way things have gone for 6 years under Obama; and scandals one after another lately.
Stupid idiotic ignorant Americans on both the right and and the left. America was never about job creation. Free market capitalism isn't about job creation. It's about wealth creation through innovation, entrepreneurship, small business. We don't need more meaningless bull sheet jobs being created. So what more Americans can become even more enslaved by earning a paycheck and working for the man. Pathetic and if you're too stupid to understand the difference between job and wealth creation you don't deserve the benefits and opportunities of living in a free market capital economy. Instead you can eek your way out as a laboring dolt and be exploited as nothing more than a commodity and an input cost for big business.
It's time we take our wealth back from Wallstreet, banks, the FED and start supporting American small businesses. 3/4 people in America have the potential to be a capitalist and work for themselves. America was built on craftsmen, tradesmen, guilds people working for themselves.
3/4 of people may have the potential to be entrepreneurs but the economy could not support 3/4 of people doing that. We need firefighters, police officers, teachers, garbage collectors, etc. Business owners need employees. Economies can't function with everyone being a boss and nobody being a worker.
I bet we won't come even near that. Our economy hasn't grown more than 200,000 jobs for longer than three months ever since Clinton's days. The government has its hands deep into all sectors of our economy trying to hold things up but the crash has to come sometime.
Each time such numbers are released left/Democrats/liberals jump up and down about how great the economy is doing. The inference by extension is Obama's handling of it and the predicted demise of Republicans. Not so fast shorty.
Companies/businesses have been running lean for years now, so while they aren't shedding that many employees they also aren't hiring many new ones either. Democrats keep saying that the ever decreasing unemployment filings will translate into more hiring and higher wages; however thus far there has been very little evidence of that occurring.
While hiring in some sectors has increased it is still very weak and often tentative. The jobs created are often in retail, sales, and others that tend towards the lower end of the wage scale. That and or they are part-time/temporary which do not usually pay benefits. Long story short the US economy is not creating nearly enough solid middle class jobs not only for those just graduating college but the millions of others that have been out of work.
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