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Jobs report: 80K jobs added, 8.2% jobless rate; Update: Worst quarter in 2 years
Hot Air ^ | JULY 6, 2012 | ED MORRISSEY

Posted on 07/06/2012 7:13:07 AM PDT by Hotlanta Mike

The jobs report for June shows another gloomy month in the US economy. Job growth amounted to a disappointing 80,000, below analyst expectations of 90-100K, while the jobless rate remained the same at 8.2%:

(Excerpt) Read more at hotair.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: jobless; jobsreport; recovery; unemployment; unexpected; unexpectedly
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To: AGreatPer
NY Stock Exchange person just said we need 150,000 jobs a month just to keep up with population growth.

Well over a year ago, Stuart Varney on FoxNews said that we needed 200,000 jobs per month just to stay even. At that time, UE was well over 400,000.

Last month, per the recent figures, we got 80,000 new jobs.

That is a woeful shortfall and it has been happening on a monthly basis since Obama has been in office.
21 posted on 07/06/2012 8:37:03 AM PDT by TomGuy
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To: Cringing Negativism Network

BRING BACK American jobs.
_______________________

Drill, drill, drill!

Drilling & fracking creates jobs and makes America less dependant of foreign oil, plus the added benefit of lower energy cost.

I hear that you almost have to hide in North Dakota to avoid being offered a job, even at McDonalds.

Why can’t the idiots/environmental activists in D.C. see this? I answered my own question, I know. IDIOTS!


22 posted on 07/06/2012 9:17:03 AM PDT by panaxanax (Voting 'Third Party' will ensure a Communist-Marxist-Socialist dominated Supreme Court!)
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To: C210N

I’m not at all worried about the jobs market. I AM CERTAIN things will GREATLY improve by October.

That said, I expect the improvement to be only temporary, only lasting a month, at tops.


As Newt so aptly stated during the primaries, recovery begins on November 7th WHEN Obama is defeated.


23 posted on 07/06/2012 9:31:04 AM PDT by Hotlanta Mike (Resurrect the House Committee on Un-American Activities (HUAC)...before there is no America!)
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To: TomGuy
"Well over a year ago, Stuart Varney on FoxNews said that we needed 200,000 jobs per month just to stay even."

I remember that well.

I tend to believe the stock trader in the cow coat on the floor of the Exchange.

-------------------------------------

I just wish they would stop destroying our coal industry. Heard our production is down from 50% to 30%. Not sure.

Subject is not being talked about.

24 posted on 07/06/2012 2:49:27 PM PDT by AGreatPer (Any Republican. Just NO Obama.)
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