chefdennis
Veteran Expediter
LOL, yea barry the Job creator!!! Remember when joe went into his rant with the "SUMMER OF RECOVERY"...lol that was in 2010..then this summer everything was doing great , yeap McDonalds had that giant hiring event...lol...Now here we are June of 2011 and we now have the worse improvement in unemployment in 9 months..lol...barry has said he wasn't going to rest until he fixed the job market...guess he is pretty tired..i know that the unemployed and alot of other people are tired of him...then there was the 3 LETTER WORD that joe spoke of in 2008 that was the most important thing for barry JOBS..lol that joe, he is such a funny guy...id hate to see what the unemployment numbers would be if this is WASN'T the most important thing to barry and joe....
Now, most people that understand the free market and business really understand that the government can not create jobs (well unless it is within the government and paid for with tax dollars, and barry has done that for sure) but when you have the idiot in the WH proclaiming that his admin is creating millions of jobs and the unemployment rate continues to rise, somethings just doesn't jive....I wonder how that "hope and change" is working for the country.....LOL....
Oh and i heard it on the radio this morning, the WH is blaming this bad report on the REPUBLICANS...yeap, its their fault..because businesses are afraid to hire because the REPUBLICANS won't agree to raise taxes on the rich (small employers) and raise the debt ceiling....yeap business want to pay more in taxes so they can hire more people...
Jobs Barely Rise, Dashing Hopes of Economic Revival
By Reuters
Jul 8th 2011 @ 8:54AM
Jobs Barely Rise, Dashing Hopes of Economic Revival - Careers Articles
By Lucia Mutikani
I am really happy that all of you that voted for barry had the insight to give us this great visionary that you all knew all he needed was a chance and that he, your buddy was going to fix our broken country with is ideals and policies of hope and change...lol I still remember hearing it here in this forum, "give him a chance"...how is that workin for you!?!? how much more of a chance do we need to continue to give him!?!? LOL....
** enboldened and added by cd..
Now, most people that understand the free market and business really understand that the government can not create jobs (well unless it is within the government and paid for with tax dollars, and barry has done that for sure) but when you have the idiot in the WH proclaiming that his admin is creating millions of jobs and the unemployment rate continues to rise, somethings just doesn't jive....I wonder how that "hope and change" is working for the country.....LOL....
Oh and i heard it on the radio this morning, the WH is blaming this bad report on the REPUBLICANS...yeap, its their fault..because businesses are afraid to hire because the REPUBLICANS won't agree to raise taxes on the rich (small employers) and raise the debt ceiling....yeap business want to pay more in taxes so they can hire more people...
Jobs Barely Rise, Dashing Hopes of Economic Revival
By Reuters
Jul 8th 2011 @ 8:54AM
Jobs Barely Rise, Dashing Hopes of Economic Revival - Careers Articles
By Lucia Mutikani
WASHINGTON (Reuters) - U.S. employment growth ground to a halt in June, with employers hiring the fewest number of workers in nine months, dampening hopes the economy was on the cusp of regaining momentum after stumbling in recent months.
Nonfarm payrolls rose only 18,000, the weakest reading since September, the Labor Department said on Friday, well below economists' expectations for a 90,000 rise.
The unemployment rate climbed to 9.2 percent, the highest since December, from 9.1 percent in May.
The government revised April and May payrolls to show 44,000 fewer jobs created than previously reported. The report shattered expectations that the economy was starting to accelerate after a soft patch in the first half of the year.
The private sector added 57,000, accounting for all the jobs created, with government employment shrinking 39,000 because of fiscal problems at local and state governments.
Economic activity in the first six months of the year was dampened by rising commodity prices and supply chain disruptions following Japan's devastating earthquake in March.
WHITE HOUSE HEADACHES
Signs the labor market is struggling is a major blow for the Obama administration, which has struggled to get the economy to create enough jobs to absorb the 14.1 million unemployed Americans.
The economy is the top concern among voters and will feature prominently in President Barack Obama's bid for re-election next year. So far, the economy has regained only a fraction of the more than 8 million jobs lost during the recession.
At the same time, the Federal Reserve -- which wrapped up a $600 billion bond-buying program last week designed to spur lending and stimulate growth -- appears unlikely to take any further steps to boost the economy.
The economy needs to create between 125,000 and 150,000 new jobs a month just to absorb new labor force entrants. (lol this is the number that just covers the NEW people coming into the job market, not including to fix unemployment, lol..yea hope and change and barry..lol)*
Details of the report showed widespread weakness, though factory payrolls rebounded 6,000 after contracting in May for the first time in seven months, with the recovery reflecting a step-up in motor vehicle production.
Construction employment fell 9,000 last month after declining 4,000 in May. Government employment declined for an eighth straight month as municipalities and state governments continued to wield the axe to balance their budgets.
The report also showed the average workweek fell to 34.3 hours from 34.4 hours. Employers have been reluctant to extend hours because of the uncertainty surrounding the recovery.
Average hourly earnings slipped a penny, more evidence that wage-driven inflation is not a risk. (Reporting by Lucia Mutikani; Editing by Neil Stempleman)
I am really happy that all of you that voted for barry had the insight to give us this great visionary that you all knew all he needed was a chance and that he, your buddy was going to fix our broken country with is ideals and policies of hope and change...lol I still remember hearing it here in this forum, "give him a chance"...how is that workin for you!?!? how much more of a chance do we need to continue to give him!?!? LOL....
** enboldened and added by cd..
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