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Employment Situation Summary (Only 20,000 private nonfarm sector jobs created)
Bureau of Labor Statistics ^ | June 4, 2010 | Bureau of Labor Statistics

Posted on 06/04/2010 5:32:02 AM PDT by C19fan

Total nonfarm payroll employment grew by 431,000 in May, reflecting the hiring of 411,000 temporary employees to work on Census 2010, the U.S. Bureau of Labor Statistics reported today. Private-sector employment changed little (+41,000). Manufacturing, temporary help ser- vices, and mining added jobs, while construction employment declined. The unemployment rate edged down to 9.7 percent.

(Excerpt) Read more at bls.gov ...


TOPICS: Breaking News; Business/Economy
KEYWORDS: employment; unemployment
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To: albie

“More smoke and mirrors. All the average moronic American will see is the 9.7% unem rate which the MSM will be happy to report. And that’s ALL they will report.”

Precisely. This, combined with the unending unemployment insurance is to keep the populace form seeing the big picture. I not the UE benefits were only extended to the elections, that way if the libsget voted out of office, the problem will be dumped into the lap of the incoming Congress.

It’s sick that people won’t pay more attention. We’re in the destabilization phase up to our chests, and next (According to Griffen) comes the Crisis phase. It’s sad really. We’ve gotta prepare ourselves, no one else can.


21 posted on 06/04/2010 5:45:31 AM PDT by JDW11235 (I think I got it now!)
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To: Erik Latranyi

And unexpected!


22 posted on 06/04/2010 5:45:51 AM PDT by ilovesarah2012
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To: C19fan

Futures are already down 186 on this news. Imagine how bad it would be if they didn’t have the census to boost the May numbers?


23 posted on 06/04/2010 5:46:11 AM PDT by jersey117
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To: C19fan

I can’t imagine that the average American will be impressed with the official unemployment rate....

More people are actively searching for nonexistent jobs, first-time unemployment claims are continuing unabated and the hundreds of thousands of census workers know their jobs are temporary.


24 posted on 06/04/2010 5:48:48 AM PDT by Nickname
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To: Erik Latranyi

Very serious! Drudge has the siren up!


25 posted on 06/04/2010 5:49:18 AM PDT by jersey117
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To: C19fan

Damn, we need more stimulus, how else are we gonna get out of our unemployment problem? Not to worry, we are all have health insurance.


26 posted on 06/04/2010 5:53:42 AM PDT by equalitybeforethelaw
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To: Bushbacker1

Can’t wait to see the numbers when they’re laid off.

I bet a lot of the ‘20K’ people that were hired were summer help, and temps for vaca coverage etc.


27 posted on 06/04/2010 5:55:01 AM PDT by homegroan (Proud member of the Hoi Polloi......ILLIGITIMA NON CARBORUNDUM..... -that's 4U Dad!))
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To: Nickname

“More people are actively searching for nonexistent jobs”

Sadly, I read an article that described this as hopeful, becaus eit meant that more people moved from the U6 over to whatever they use now, because they started looking for more jobs, so even though they make the unemployment numbers go higher, they (according to the writer), show that the situation isn’t so bleak.

I’ve never heard such nonsense in my life.


28 posted on 06/04/2010 5:56:14 AM PDT by JDW11235 (I think I got it now!)
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To: C19fan
I'm going to pull out my crystal ball and make a prediction...

The census is scheduled to start laying off these temporary census workers by the end of July. My prediction is that democrats with the help of the MSM are going to start a drumbeat about census turnout still being to low. Then they will approve "emergency" funding to keep these census temps sitting on the federal payroll until after the November elections.

29 posted on 06/04/2010 5:58:14 AM PDT by apillar
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To: homegroan

Yes, think Hershey Park, Busch Gardens, life guards, etc....


30 posted on 06/04/2010 5:59:31 AM PDT by Nickname
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To: JDW11235

It’s called political SPIN.

Putting lipstick on a pig.

Reminds me of a Groucho line. “If you look at it, it’s a barn, if you smell it, it’s a stable.”


31 posted on 06/04/2010 5:59:41 AM PDT by Ev Reeman
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To: JDW11235
Dow futures down bigtime on this news.

I’m perplexed. Biden said the economic stimulus is working wonderfully.

How can this be ????

dripping sarc /

32 posted on 06/04/2010 6:00:56 AM PDT by Col Frank Slade
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To: apillar

That is why all must cooperate with the census. Just don’t give them any information they do not need like how much money you make. Besides the feds already know that anyway (the IRS, remember?)


33 posted on 06/04/2010 6:01:15 AM PDT by Ev Reeman
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To: apillar

More job losses coming in Gulf Coast over the next six months. Unemployment could easily exceed 10 percent by Nov 2.


34 posted on 06/04/2010 6:02:24 AM PDT by mwl8787
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To: Ev Reeman

Every government “job” created is actually a negative on the real economy.


35 posted on 06/04/2010 6:02:38 AM PDT by Kozak (USA 7/4/1776 to 1/20/2009 Reqiescat in Pace)
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To: apillar

I thought I heard one analyst say there would 750,000 jobs created. Not even close.


36 posted on 06/04/2010 6:04:57 AM PDT by moose2004 (Stand up, speak out and stop Obamacare and GE)
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To: C19fan

The other 41,000 were people trailing behind census workers with carts who sold donuts, coffee and hot dogs.


37 posted on 06/04/2010 6:06:56 AM PDT by randita (Visit keyhouseraces.com for a list of vulnerable DEM and must hold GOP House seats.)
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To: C19fan; ding_dong_daddy_from_dumas; stephenjohnbanker; DoughtyOne; genetic homophobe; FromLori; ...
Total nonfarm payroll employment grew by 431,000 in May, reflecting the hiring of 411,000 temporary employees to work on Census 2010, the U.S. Bureau of Labor Statistics reported today. Private-sector em-ployment changed little (+41,000). Manufacturing, temporary help ser-vices, and mining added jobs, while construction employment declined. The unemployment rate edged down to 9.7 percent” at : Employment Situation Summary(U.S. Bureau of Labor Statistics)

As I posted yesterday : 41K private sector jobs per month at ~ 147 billion $ borrowed (4.9 billion borrowed per day.) "If you take an average across a 30 day month that's 147 billion $ debt for the 55K jobs (using this peak number in his favor) or 2.6 Million dollars per private sector job created." #10

38 posted on 06/04/2010 6:07:08 AM PDT by sickoflibs ( "It's not the taxes, the redistribution is the federal spending=tax delayed")
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To: C19fan

More than 20,000 people in the workforce DIE each month and must be replaced.

To have the very lowest caliber president imaginable at this time is a travesty.


39 posted on 06/04/2010 6:07:29 AM PDT by unkus
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To: Ev Reeman

Reminds me of a Groucho line. “If you look at it, it’s a barn, if you smell it, it’s a stable.”

Made me smile.


40 posted on 06/04/2010 6:08:16 AM PDT by JDW11235 (I think I got it now!)
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