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June Payrolls +195K Much Higher Than Expected (7.6%); Underemployment Rate Soars To 14.3%
Zero Hedge ^ | 07.05.13

Posted on 07/05/2013 5:36:41 AM PDT by Perdogg

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To: Perdogg
FRED finally updated their data. Here is participation rate:


41 posted on 07/05/2013 7:15:39 AM PDT by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
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To: Perdogg
People have been asking about industry employment:

Manufacturing:

Hospitality:

Government:

Construction:

Retail:

Mining and Logging:


42 posted on 07/05/2013 7:23:01 AM PDT by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
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To: Wyatt's Torch

Impeachment File on Benghazi Coward “B. Hussein Obama,” formerly known as Barry Soetoro, a Legal Citizen of the Sovereign Nation of Indonesia.


43 posted on 07/05/2013 7:26:43 AM PDT by Graewoulf (Traitor John Roberts' Commune-Style Obama'care' violates U.S. Constitution AND Anti-Trust Law.)
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To: Wyatt's Torch
Note when Piglosi and her gang of RATS took over the Congress - Jan 2007.
44 posted on 07/05/2013 7:53:46 AM PDT by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: Cheerio

I wish that were the direct cause. The meltdown was already starting. Now Barney Frank taking over the banking committee and Maxine Waters on Financial Services completely missed the boat on Fannie and the banks so that didn’t help. But the dye was already cast bu that point.


45 posted on 07/05/2013 7:58:53 AM PDT by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
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To: Perdogg

46 posted on 07/05/2013 8:01:13 AM PDT by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
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To: Wyatt's Torch

Thanks for posting all the charts.

That bright red line for the 2007 recession is VERY telling.

Let’s see... wasn’t that recession Bush’s fault?


47 posted on 07/05/2013 8:10:57 AM PDT by upchuck (To the faceless, jack-booted government bureaucrat who just scanned this post: SCREW YOU!)
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To: Perdogg

Is it just me, or is this month’s “larger” 28 gram chocolate ration considerably less satisfying than last month’s “smaller” 45 gram ration?


48 posted on 07/05/2013 9:09:10 AM PDT by TArcher ("TO SECURE THESE RIGHTS, governments are instituted among men" -- Does that still work?)
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To: KevinDavis

In my area of southwest Colo., tourism/hospitality is important. But the high gas prices are keeping the RV traffic down.


49 posted on 07/05/2013 9:10:55 AM PDT by laplata (Liberals don't get it. Their minds have been stolen.)
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To: Perdogg
it feels like 20 percent unemployment here.
50 posted on 07/05/2013 9:31:53 AM PDT by Drawn7979
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To: Perdogg

how many of these are full time jobs and not one full time restaurant job being split into 2 part time jobs for Obamacare?


51 posted on 07/05/2013 10:11:29 AM PDT by rurgan (give laws an expiration date:so the congress has to review every 4 years to see if needed)
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To: rurgan

Yup...some of that is what this is, the full-time job splits from business coping with 0bamacare.


52 posted on 07/05/2013 10:24:43 AM PDT by EBH (Democracy is the language of dictators.)
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To: Perdogg

The one thing I wish we could do is compare the “real” unemployment numbers between Bush and Obama. The problem is that we never used “real” unemployment numbers when Bush was President for whatever reason. It would be interesting to compare the facts between then and now.


53 posted on 07/05/2013 10:28:54 AM PDT by napscoordinator (Santorum-Bachmann 2016 for the future of the Country!)
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To: bereanway

Disposable incomes based on the first quarters numbers and since are falling at about 9% per year. That’s horrendous.

The entire Department of Defense begins Furlough’s next week. Watch that 9% skyrocket. I am one of the DOD folks who will be furloughed 20 percent a week....guarantee I am watching my pennies until AT LEAST October and many others like me are doing the same.


54 posted on 07/05/2013 10:31:24 AM PDT by napscoordinator (Santorum-Bachmann 2016 for the future of the Country!)
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To: Perdogg

I hope they don’t count Federal, State, and local government employees as “employed”.

A) They produce nothing, B) They consume what others produce.

Every such employee should count twice as “unemployed”.


55 posted on 07/05/2013 10:35:05 AM PDT by Jim Noble (When strong, avoid them. Attack their weaknesses. Emerge to their surprise.)
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FReepers!

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56 posted on 07/05/2013 11:50:26 AM PDT by RedMDer (When immigrants cannot or will not assimilate, its really just an invasion. Throw them out!)
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To: Wyatt's Torch
Overall a positive report.

The numbers upon which the report are based are faulty. Anything "good" under the Obama cabal is rooted in pernicious lies.

The price of gasoline is killing hard-working Americans as the Obama regime regulates domestic energy producers to the point of failure. And his banning of offshore drilling only makes the consumer subject to the whims of the muzzies as this chart clearly shows (and things have only gotten worse).


57 posted on 07/05/2013 12:00:40 PM PDT by re_nortex (DP - that's what I like about Texas)
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To: napscoordinator

Republicans are the party of prosperity. DemonRATS are the party of poverty. It's that simple.

During the "Contract with America", when Newt Gingrich and the GOP has neutralized Klintoon, gas prices here in Texas were at 78 cents a gallon. The Bryan-College Station was under 2%. America is reeling under the anti-business, pro-union policies of Obama. Granted, Texas is doing fairly well but it pales in comparison to the economic vigor during the Gingrich-Bush era.

58 posted on 07/05/2013 12:09:02 PM PDT by re_nortex (DP - that's what I like about Texas)
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To: Perdogg

Without any new jobs in industrial production and hard goods manufacturing the rest is all fluff and foofaroo. This is reminding me of the conversations back in the 80’s about how neat the world was gonna be when we become an information based economy——here’s a piece of information: Don’t bet the farm on the above report meaning anything positive for the long term.


59 posted on 07/05/2013 1:04:52 PM PDT by cherokee1 (skip the names---just kick the buttz)
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To: All

60 posted on 07/05/2013 4:32:55 PM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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