Posted on 10/02/2015 5:45:28 AM PDT by John W
Edited on 10/02/2015 5:47:19 AM PDT by Admin Moderator. [history]
The U.S. economy added only 142,000 jobs last month, the Labor Department said Friday. The unemployment rate remained unchanged at 5.1 percent.
Analysts had forecast growth of a much more robust 206,000 jobs and an unchanged unemployment rate.
Wages were flat in In September, with average hourly earnings at $25.09, following a 9-cent gain in August. Hourly earnings have risen by 2.2 percent over the year. Average hourly earnings of private-sector production and nonsupervisory employees were unchanged at $21.08 in September, the department said.
(Excerpt) Read more at cbsnews.com ...
Still more than a year to go of Obama’s scorched earth policies.
It’s a race against time and the question is precisely this: Will there be ANYTHING left of the nation after he and his flunkies get the h*ll out of Washington?
Great job there half breed.
Do you F up Everything you touch there dumbass?
We have now reached the ZIMBAB region of our decline into Zimbabwe. IOW Almost there.
Here it is:
“August’s jobs numbers were revised down to 136,000 from the initial read of 173,000. July was revised down as well, to 223,000 from 245,000. Over the past three months, job gains have average 167,000 a month”
So... they have been Caught LYING AGAIN!!
What millennial remembers the MSM screaming
HAPPY DAYS are hear again- THE ECONOMY is GREAT!!
AND UNEMPLOYMENT PLUMMETS!
total lies- and they DO NOT correct there lies-
Per cnbc.com:
U.S. stocks traded sharply lower Friday as Wall Street digested a weaker-than-expected jobs report.
“We’re not getting any clarity from this jobs report. More uncertainty. And the uncertainty makes people unwilling to hold anything,” said JJ Kinahan, chief strategist at TD Ameritrade.
“This is one more thing that puts the Fed into a tight spot,” he said.
206K jobs growth is now considered “robust”. Funny what low expectations does for an economy. .
321K Job Growth Isn’t a Big Deal — Check the Record
Read More At Investor’s Business Daily: http://news.investors.com/ibd-editorials/120514-729414-321000-job-growth-is-not-a-big-deal-historically.htm#ixzz3nQAbdRId
“These reporters would be well served — as would their readers — actually to look at the jobs data. They’d discover that a 300,000-plus job gain during an expansion isn’t earth-shattering. In fact, it’s fairly common.
The expansion during the 1960s, for example, included eight months of 300,000-plus job growth, three months of which topped 400,000.
The Reagan recovery produced 23 such months — one saw a million jobs created. Even the so-called “jobless” Bush recovery produced seven 300,000-plus job-growth months. Obama’s recovery has produced all of two such months.
Remember, too, that the previous gains occurred in much smaller labor pools. In the early 1980s, for example, the labor force was 29% smaller than today. Account for the difference, and 300,000 jobs a month in a recovery should be the norm, not a rarity to celebrate.
Plus, let’s not forget that during this allegedly record-setting job growth year, labor force participation actually fell to 62.8% from January’s 63%. It’s still way down from 66% at the peak of the previous expansion.”
This administration has never let facts get in the way of a good self-serving narrative.
“The unemployment rate remained unchanged at 5.1 percent.”
WooHoo! High fives all around!
Don’t let them ever. Twitter, email, texting and the Internet serve us against the gatekeeper media all the time. We’re at war and we need to bring them to heel. You do that by ridiculing them and their lies to death... and winning elections.
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