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Some moron should be along shortly to crow about how the unemployment rate actually fell....LOL
I noticed in the link that the figures for May were revised...were they revised up or down???????
oh, oh, oh,,,,can I be the moron...can I...please
Total nonfarm payroll employment fell by 125,000 in June as the government laid off 225,000 temporary census workers.
The decline was roughly in line with expectations. The median forecast in a Bloomberg News survey was for a decline of 130,000.
See full article from DailyFinance: Non-Farm Payrolls Fell 125,000 in June on Census Worker Lay-Offs - DailyFinance (http://srph.it/d1VnIS - broken link)
Unemployment fell slightly to 9.5%, or 14. 6 million people, the Bureau of Labor Statistics said on its website. That's because many unemployed have given up their search for jobs, and people in that category aren't included in the official unemployment rate.
See full article from DailyFinance: Non-Farm Payrolls Fell 125,000 in June on Census Worker Lay-Offs - DailyFinance (http://srph.it/d1VnIS - broken link)
Total nonfarm payroll employment fell by 125,000 in June as the government laid off 225,000 temporary census workers.
The decline was roughly in line with expectations. The median forecast in a Bloomberg News survey was for a decline of 130,000.
See full article from DailyFinance: Non-Farm Payrolls Fell 125,000 in June on Census Worker Lay-Offs - DailyFinance (http://srph.it/d1VnIS - broken link)
Unemployment fell slightly to 9.5%, or 14. 6 million people, the Bureau of Labor Statistics said on its website. That's because many unemployed have given up their search for jobs, and people in that category aren't included in the official unemployment rate.
See full article from DailyFinance: Non-Farm Payrolls Fell 125,000 in June on Census Worker Lay-Offs - DailyFinance (http://srph.it/d1VnIS - broken link)
It's funny isn't it. Those Census jobs were phony jobs according to some, now that they are over, they have become real jobs. The way I read it, exclude the Census workers, last month gained 41,000 non-farm, this month gained 100,000 non-farm. Certainly not great, but still preferable to losing 700,000. Growth is not as rapid as we would like, but it is growth.
Like anyone else, I want the economy to recover yesterday. But i'd also like to hear a bit of acknowledgement of the piiss poor performance of congressional Democrats from those on the left who are quick to blame the Bush Administration for the current state of affairs. Democrats have held the majority in both chambers since late 2006, when the recession began, and Barack Obama has been in office for about 18 months. By my calculation, that's ~4 years of opportunity for Democrats to right this ship. So, what gives? Is Bush to blame for the economy, or are Democrats to blame for their inability to fix it?
It's funny isn't it. Those Census jobs were phony jobs according to some, now that they are over, they have become real jobs. The way I read it, exclude the Census workers, last month gained 41,000 non-farm, this month gained 100,000 non-farm. Certainly not great, but still preferable to losing 700,000. Growth is not as rapid as we would like, but it is growth.
Since they weren't excluded by the cheerleaders when the country showed "job growth", they can't be excluded now. Can't have it both ways.
Since they weren't excluded by the cheerleaders when the country showed "job growth", they can't be excluded now. Can't have it both ways.
Of course the rah rahs can...logic and facts aren't their strongpoint.
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