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Unemployment rose to 9.2 percent as hiring stalls
CNBC ^ | 8 July 2011 | CNBC

Posted on 07/08/2011 5:51:40 AM PDT by magellan

The Labor Department says the economy generated only 18,000 net jobs in June. And the number of jobs added in May was revised down to 25,000.


TOPICS: Breaking News; Business/Economy
KEYWORDS: 0china; 0default; 0globalism; failure; gay; gaygay; gaygaygaygay; gayisgood; gaymarriage; gayrights; gaysdeservemarriage; hopeless; jobless; jobs; maybealittleblow; obama; obamanomics; stimulus; undigested; unemployment; unexpected; unrespected; wagya4only100pound; zteachers
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Economists expected gains of anywhere between 125,000 and 175,000.
1 posted on 07/08/2011 5:51:49 AM PDT by magellan
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To: magellan

Unexpected!


2 posted on 07/08/2011 5:53:18 AM PDT by frogjerk (Liberalism: The ideology of envy.)
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To: magellan

wow. 18,000 net jobs. That’s insane. Absolutely unfathomable....even with the disastrous economic policies. We are really sitting in a depression at this point...IMO.


3 posted on 07/08/2011 5:54:38 AM PDT by ilgipper ( political rhetoric is no substitute for competence (Thomas Sowell))
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To: magellan

I heard some newsies last night blame it on the MN gubmint shutdown.


4 posted on 07/08/2011 5:54:57 AM PDT by WOBBLY BOB ( "I don't want the majority if we don't stand for something"- Jim Demint)
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To: magellan

Just part of the continuation of planned destruction of the nation.


5 posted on 07/08/2011 5:56:04 AM PDT by anniegetyourgun
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To: magellan

Pitiful, just pitiful.

Get these clowns out of office. Republicans, DO NOT FLINCH on the debt ceiling. After that, Get rid of Obamacare.


6 posted on 07/08/2011 5:56:23 AM PDT by SueRae (I can see November 2012 from my HOUSE!!!!!!!!)
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To: ilgipper

Welcome to QE3 what will they call it. Obama is priming to go after the unemployed vote. It will be 30% by the election. Added to the Communist base it may be enough to win.


7 posted on 07/08/2011 5:56:37 AM PDT by screaminsunshine (Socialism...Easier said than done.)
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To: WOBBLY BOB
“The average American does not view the economy through the prism of GDP or unemployment rates or even monthly jobs numbers,” Plouffe said. “People won’t vote based on the unemployment rate, they’re going to vote based on: ‘How do I feel about my own situation? Do I believe the president makes decisions based on me and my family?’”
8 posted on 07/08/2011 5:56:48 AM PDT by scooby321
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To: magellan
Economists expected gains of anywhere between 125,000 and 175,000.

If I were to tell my boss that we 'expect' 125-175k to be made on a certain project, and we only came up with 18k I would be fired...............

9 posted on 07/08/2011 5:56:48 AM PDT by Red Badger (Casey Anthony: "Surprise, surprise."...............)
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To: magellan

May revised down 25,000. April revised down 19,000.


10 posted on 07/08/2011 5:59:23 AM PDT by magellan
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To: All

So when you factor in those who have given up looking for work and the underemployed that give you a rate of what? 25-30%? Disgusting. Why do we even measure unemployment to exclude these people other than to benefit incumbent politicians?


11 posted on 07/08/2011 5:59:31 AM PDT by wrhssaxensemble
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To: magellan

Obama’s unemployment will be key in 2012


12 posted on 07/08/2011 5:59:47 AM PDT by newzjunkey (I weep for my fellow Americans.)
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To: magellan

I can VOTE:


13 posted on 07/08/2011 5:59:58 AM PDT by DeaconRed (Everything is broken-While ZERO just Fiddles and blames US. I am still able to VOTE! !)
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To: magellan

HOPE I have some CHANGE left in my pocket when this bum is gone.


14 posted on 07/08/2011 6:00:06 AM PDT by Doctor 2Brains (If the government were Paris Hilton, it could not score a free drink in a bar full of lonely sailors)
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To: Red Badger

Just tell him you had good intentions.


15 posted on 07/08/2011 6:00:06 AM PDT by InvisibleChurch (*It does not matter how fast you go. It is how slow you can go, and still win. ~ Juan Manuel Fangio)
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To: screaminsunshine
Welcome to QE3 what will they call it. Obama is priming to go after the unemployed vote. It will be 30% by the election. Added to the Communist base it may be enough to win.

Yea that worked in 2010..baseless negativity alive and well on FR

16 posted on 07/08/2011 6:00:28 AM PDT by pburgh01
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To: magellan

The old expected “unexpected” bad news!


17 posted on 07/08/2011 6:02:37 AM PDT by Road Warrior 04 (I miss President Bush greatly! Palin in 2012! 2012 - The End Of An Error! (Oathkeeper))
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To: SueRae
Republicans, DO NOT FLINCH on the debt ceiling. After that, Get rid of Obamacare.

and get that notion of going along with Obama on tax increases out of your heads.

18 posted on 07/08/2011 6:03:21 AM PDT by MulberryDraw ( Where's the democrat budget? What's the plan?)
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To: magellan

Not much to say!!! Democrats better broom Obama quickly!!! The Democrat Party and POTUS Obama are killing the economy, the job market and with it, the nation!!! American people rise up and demand that Obama be thrown out of office!!! He is doing this with all the intent to destroy the USA!!! Wise up or perish!!!


19 posted on 07/08/2011 6:03:24 AM PDT by JLAGRAYFOX
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To: magellan

Barky said he was just getting started...


20 posted on 07/08/2011 6:03:29 AM PDT by Eric in the Ozarks (Eh ?)
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