LOL, you think this is a reason to celebrate?
From your own link:
Yes, we should be celebrating that some places unemployment dropped below 15% !!!!
Keep on spinnin'!!!!!
So lets get this straight.....Unemployment rates fell in April for more than 90% of the nation's 372 largest metro areas as hiring picked up around the country......and you bitch because it wasn't 100% ??
I'm not bitching about anything. I'm laughing at you and your spin job of a post.
Hey, here is more "good news":
WASHINGTON Job creation by private companies grew at the slowest pace since the start of the year, as a wave of census hiring lifted payrolls by 431,000 in May. The unemployment rate dipped to 9.7 percent as people gave up searching for work.
The Labor Department's new employment snapshot released Friday suggested that outside of the burst of hiring of temporary census workers by the federal government many private employers are wary of bulking up their work forces.
That indicates the economic recovery may not bring relief fast enough for millions of Americans who are unemployed.
Virtually all the job creation in May came from the hiring of 411,000 census workers. Such hiring peaked in May and will begin tailing off in June.
By contrast, hiring by private employers, the backbone of the economy, slowed sharply. They added just 41,000 jobs, down from 218,000 in April and the fewest since January.
"Although the economic outlook is improving, the recovery is still pretty tepid," said Paul Ashworth, senior U.S. economist at Capital Economics.
President Barack Obama acknowledged that temporary census jobs drove the overall payroll gain. But he said private sector hiring is growing. He noted five straight months of job gains after devastating losses from the recession. He said the recovery is still in its early stages, and that it will be uneven in the months ahead.
Economy adds 431K jobs but few in private sector - Yahoo! News
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Well done - you have utterly dismantled the premise of this laughable thread.
The White House has proven to be inept at even estimating the jobs report a couple days in front of its release.
The market is plummeting again today in part because of the dire news that over 90% of the jobs "created" in May were census jobs - and 95% of all jobs created in May were government jobs.
The private sector remains dangerously weak folks - due in great part to this administration's continued attack on small business America.
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