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More on Nonfarm Payrolls: June's job gains are revised down as well, putting the 2-month...

  • Friday, September 7, 2012, 8:38 AM ET
    More on Nonfarm Payrolls: June's job gains are revised down as well, putting the 2-month negative revision to -41K. Labor force participation rate falls to 63.5% from 63.7% in July (there's your headline UE decline), and from 64.1% a year ago. Average workweek is unchanged at 34.4 hours. July's average workweek is revised down to 34.4 hours.
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This news story has 6 comments:

  • But the usual suspects will be along in just a minute or two to tell us how this is all still "very positive".
    7 Sep 2012, 08:40 AM Reply Like
  • New theme song for Obama reelection should be "happy days are here again".
    7 Sep 2012, 08:44 AM Reply Like
  • Labor force participation rate falls to 63.5% from 64.1% a year ago.

    Slogan needs to be changed to "Just Give Up"
    7 Sep 2012, 08:51 AM Reply Like
  • Wow. I tell you it's weird that a falling desire to find work is the equivalent of hiring when it comes to the jobless rate.

    So in theory, we can drive this rate way down by killing/crushing the hopes of the currently unemployed.
    7 Sep 2012, 08:53 AM Reply Like
  • This is the number people should care about and that the Obama administration will try to sweep under the rug.
    7 Sep 2012, 08:53 AM Reply Like
  • Question ??? how do I get one of those jobs, the kind with the average work week of 34.4 hours?
    7 Sep 2012, 09:35 AM Reply Like
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