US adds massive 287,000 jobs in June.....Quite A Change From Bush's Fiasco

[SassyIrishLass]

Context is everything....

Unemployment rate rises to 4.9% in June...

+287,000 JOBS...

94,517,000 Americans Not in Labor Force...

 

[AntonToo]

Context is everything....

Unemployment rate rises to 4.9% in June...

+287,000 JOBS...

94,517,000 Americans Not in Labor Force...

How does the "context" change the meaning of job numbers?

More jobs, bigger labor force, near full employment - whats not to like?

 

[blastoff]

LOL...nearly full employment? Well, yeah, aided and abetted by 95 Million who don't feel liķe working but can manage to feed, clothe, and house themselves thanks to government handouts. Good job, Barry.

 

[SassyIrishLass]

Context is everything....

Unemployment rate rises to 4.9% in June...

+287,000 JOBS...

94,517,000 Americans Not in Labor Force...

How does the "context" change the meaning of job numbers?

More jobs, bigger labor force, near full employment - whats not to like?

You have 94 million out of the workforce and are saying it's near full employment? Really?

 

[AntonToo]

LOL...nearly full employment?

Yes, as per economic definition of those words nearly full employment, down 6 points from disastrous unemployment after the recession.

Something not to your liking?

Well, yeah, aided and abetted by 95 Million who don't feel liķe working but can manage to feed, clothe, and house themselves thanks to government handouts. Good job, Barry.

Yea imagine that, people retire (and will continue to retire at increasing pace as baby boomers age), people go to school - how is that Obama's fault?

You make it sound as if retiring is some sort of crime against society.

 

[Dreadnaught1968]

The U.S. added 287,000 new jobs in June, according to the Labor Department report ...

Experts look at averages over time...not monthly aberrations.

Sure...so give us Scrub's 8 year average, and we will compare it to that under the last guy for whom you cast two votes...

Just put up the numbers, we'll figure out which is larger.

Average unemployment under Bush: 5%
Average unemployment under Obama: 7.5% (so far)

United States Unemployment Rates by President, 1948-2016

 

[AntonToo]

You have 94 million out of the workforce and are saying it's near full employment? Really?

yes really, though perhaps you don't understand what those words mean.

Let me explain what it means:

market supply of jobs is beginning to outpace demand for jobs.

This generally indicates being able to find a job quickly, less layoffs and more income growth as workers have more leverage.

It DOES NOT mean that old people came back out of retirement and schools and colleges need to be closed because no students are left. (DUH)

 

[SassyIrishLass]

You have 94 million out of the workforce and are saying it's near full employment? Really?

yes really, though perhaps you don't understand what those words mean.

Let me explain what it means:

market supply of jobs is beginning to outpace demand for jobs.

This generally indicates being able to find a job quickly, less layoffs and more income growth as workers have more leverage.

It DOES NOT mean that old people came back out of retirement and schools and colleges need to be closed because no students are left.

I don't need your elementary knowledge

 

[Remodeling Maidiac]

So we kept up with population growth. That's good at least but no real job creation when most of the jobs are part time shitty pay seasonal jobs eh?

 

[AntonToo]

Average unemployment under Bush: 5%
Average unemployment under Obama: 7.5% (so far)

Bush has overseen the biggest bubble growth and explosion in modern economic history, that he handed off to Obama for clean up. Take your bullshit elsewhere, because it will not fly here.

 

[SassyIrishLass]

Average unemployment under Bush: 5%
Average unemployment under Obama: 7.5% (so far)

Bush has overseen the biggest bubble growth and explosion in modern economic history, that he handed off to Obama for clean up. Take your bullshit elsewhere, because it will not fly here.

And 7 1/2 years later it's still not cleaned up, because Obama has no idea what he is doing and surrounds himself with equally inept dumbasses

 

[AntonToo]

So we kept up with population growth. That's good at least but no real job creation when most of the jobs are part time shitty pay seasonal jobs eh?

False, job growth has been much stronger than population growth rate (about 100k/mo)

 

[Dreadnaught1968]

Average unemployment under Bush: 5%
Average unemployment under Obama: 7.5% (so far)

Bush has overseen the biggest bubble growth and explosion in modern economic history, that he handed off for Obama to clean up. Take your bullshit elsewhere, because it will not fly here.

OK, so facts = bullshit according to you. Noted...

Somehow you've forgotten the .com bubble of the late 90's...

 

[AntonToo]

I don't need your elementary knowledge

You posts prove otherwise.

 

[IcebergSlim]

Low information lefties can kid themselves about government generated statistics that indicate a rise in minimum wage jobs but the GDP is the only way to gauge economic prosperity. Bush had to deal with the Clinton recession, 9-11, Hurricane Katrina and the the GDP still rose 1.67 while it stayed stagnant at about 1.50 under Barry Hussein.

Sure.....let's test your Bold Assertion against some math....

The Federal minimum wage is 7.25.....extended for 40 hrs/week and a 52 week year gives us $15,080...

In 2010 the average wage was 39,959 (according to the Social Security Administration)...... In 2014 it was 44,596....

How is this possible if the rise in jobs over the same period is largely represented by those paying just over 15,000?

 

[IcebergSlim]

Have you forgotten posting this?

There are 5 job openings in Dallas thanks to democrat job making policies......

You applying for one?

Have you ever proven capable of stringing two thoughts together?

Nothing your room temp IQ allows you to comprehend obviously....

You've avoided the opportunity to demonstrate to the contrary...

Indeed....

Resolved.

 

[SassyIrishLass]

I don't need your elementary knowledge

You posts prove otherwise.

It would be "your" posts prove....

I work the markets everyday....your boy is a fuckup...nothing more and nothing less

 

[Remodeling Maidiac]

So we kept up with population growth. That's good at least but no real job creation when most of the jobs are part time shitty pay seasonal jobs eh?

False, job growth has been much stronger than population growth rate (about 100k/mo)

Last I heard it was 150k month needed. What's changed?

 

[IcebergSlim]

Left economics always produce failure.

Obama's stupid economic initiatives of taking money away from the people that earned the money and giving it to the welfare queens and greedy union assholes that elected him was always destined to produce failure.

That is why Obama can't get even one year of 3% economic growth. He doesn't have a clue on what it takes to produce jobs. He thinks more regulation, higher taxes and redistribution of income somehow magically creates jobs. The dumbass.

Shall we reconcile this against the data, Flush?

 

[IcebergSlim]

I see some math challenged idiot is bragging about 287k jobs, itself pathetic but more so considering only 38k jobs the previous month. Thankfully the retard in the White House will get his pink slip in a few months.

Did you cast one or more votes for the guy who preceded Obama?

Could you post the payroll gains under his stewardship?


Just the numbers.....we'll take it from there...