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Old 06-03-2016, 06:55 AM
 
6,940 posts, read 9,681,455 times
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4.7% unemployment. Payrolls rise to 38,000. Thanks, Obama!!!
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Old 06-03-2016, 07:09 AM
 
11,186 posts, read 6,508,677 times
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For more of this Thanks, Obama !!! news:


"The U.S. economy added just 38,000 jobs in May, according to the Bureau of Labor Statistics — far fewer than the 160,000 that economists had anticipated. NPR business editor Marilyn Geewax called the number "shockingly low." The unemployment rate declined by 0.3 percentage points, the Bureau says, to 4.7 percent — but that can be attributed to people dropping out of the workforce, Marilyn says.

The number of workers who would like to work full-time but can find only part-time work increased by nearly half a million, to 6.4 million, the BLS says."

U.S. Economy Adds Just 38,000 Jobs In May, Far Short Of Expectations : The Two-Way : NPR

What are we in now, Recovery Summer VII ?
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Old 06-03-2016, 07:21 AM
 
1,316 posts, read 1,448,273 times
Reputation: 1940
As long as someone can do better financially on gubmint assistance, it's only going to get worse......and those getting the checks will continue to vote democrat until it all implodes...
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Old 06-03-2016, 07:24 AM
 
Location: Salisbury,NC
16,759 posts, read 8,216,524 times
Reputation: 8537
Quote:
Originally Posted by Chaffeetrekker View Post
As long as someone can do better financially on gubmint assistance, it's only going to get worse......and those getting the checks will continue to vote democrat until it all implodes...
Tea Party propaganda rears its ugly head again.
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Old 06-03-2016, 07:29 AM
 
13,511 posts, read 19,284,780 times
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total number of US jobs outsourced (overseas) in 2015 is 2,382,000.
So Obama created 38000 jobs....mostly low wage....
You call THAT "full employment"???
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Old 06-03-2016, 07:29 AM
 
Location: United States
12,390 posts, read 7,098,861 times
Reputation: 6135
Well,

Median wages are down.

Median income is down.

Median net worth is down.

Private debt is up.

Public debt is up.

There is record numbers of people receiving government assistance.

When are we going to have a real recovery for the working people in this country?
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Old 06-03-2016, 07:32 AM
 
Location: DFW
40,951 posts, read 49,198,692 times
Reputation: 55008
Great let's examine all benefits being paid out and cut back accordingly.

Why is black unemployment at 30-40% ? I thought Obama was going to fix that.

You don't believe the full employment crap do you ?
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Old 06-03-2016, 07:35 AM
 
12,270 posts, read 11,331,859 times
Reputation: 8066
Quote:
Originally Posted by knowledgeiskey View Post
4.7% unemployment. Payrolls rise to 38,000. Thanks, Obama!!!
Not even the NYT is buying this nonsense -"The government reported on Friday that employers added just 38,000 workers in May, a significant slowdown in hiring that could push back a decision by the Federal Reserve to raise interest rates, as the economic recovery appears to have stalled.

The official unemployment rate, however, dropped to 4.7 percent, from 5 percent, mostly a result of people dropping out of the labor force"

Sharp Fall In US Hiring Lowers Chances of Rate Hike by Fed...

http://nyti.ms/22C0mvR
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Old 06-03-2016, 07:39 AM
 
6,822 posts, read 6,636,718 times
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How many jobs are government jobs?


Remember these come at a cost to society not produce for society, and sadly they tend to pay MORE than the private sector that supports them.


No Obama let alone Bush, Clinton, etc have NOT don't a good job despite the illusion people are believing as they tune into their favorite mass media outlet that FORMS OPION rather than INFORMING OPINION.




"Go back to bed, America. Your government has figured out how it all transpired. Go back to bed, America. Your government is in control again. Here. Here's American Gladiators. Watch this, shut up. Go back to bed, America. Here is American Gladiators. Here is 56 channels of it! Watch these pituitary retards bang their _______ skulls together and congratulate you on living in the land of freedom. Here you go, America! You are free to do what we tell you! You are free to do what we tell you!” " -- Bill Hicks
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Old 06-03-2016, 07:43 AM
 
6,822 posts, read 6,636,718 times
Reputation: 3770
Another thing.. I have many friends working toward entrepreneurship. Their competition is in the CORPORATE realm which obviously has a competitive advantage with things such as PRICE.


Will they survive competing with these corporate giants in a clearly FASCIST system where corporate lobbyists PAY OFF CONGRESSMAN?


It's all so disheartening and disgusting I want to throw up. Maybe WALMART is hiring. Or wait they are putting in more self checkout scanners.


Like they care about providing JOBS for people.


Keep feeding the machine. Our leadership has sold out America for GLOBAL interests.
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