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More on Nonfarm Payrolls: Average monthly job gains in Q2 of 75K vs. 226K in Q1. Revisions...

More on Nonfarm Payrolls: Average monthly job gains in Q2 of 75K vs. 226K in Q1. Revisions to May and April are a wash, showing a net loss of 1K jobs. The labor force participation rate (63.8%) and employment-population ratio (58.6%) are unchanged. The average hourly workweek gains 0.1 hour to 34.5 hours. Average hourly earnings up 6 cents to $23.50.
Comments (12)
  • Teutonic Knight
    , contributor
    Comments (2020) | Send Message
     
    The numbers show that the so-called 'recovery' is both anemic and tepid to say the least.
    6 Jul 2012, 08:42 AM Reply Like
  • BlueOkie
    , contributor
    Comments (4717) | Send Message
     
    Yea, but we have got healthcare and we ain't deporting no illegal immigrant kids. We are changing average workweek down to below 35 hours. Our kids will eat healthy at McDonalds with our new credit cards. Besides our free cell phones are due for a upgrade after the election.
    If it weren't for Prez Obama, we'd be a lost worse off and more jobs would have been loss.
    6 Jul 2012, 08:56 AM Reply Like
  • mickmars
    , contributor
    Comments (1323) | Send Message
     
    So, that extra $120 billion we added to the Federal debt in June got us.....nothing. Nice.
    6 Jul 2012, 08:49 AM Reply Like
  • montanamark
    , contributor
    Comments (1435) | Send Message
     
    this comes in the context of 3 yrs of spending trillions in stimulus
    ha- shovel ready jobs and failing solar cos
    6 Jul 2012, 08:51 AM Reply Like
  • BlueOkie
    , contributor
    Comments (4717) | Send Message
     
    It is like pulling off a bandaid. Do you want the pain to last a long time by pulling slowly (stimulus) or do you want it over quickly (let the markets work).
    6 Jul 2012, 09:16 AM Reply Like
  • HoeTamer
    , contributor
    Comments (186) | Send Message
     
    Blueokie, with a Republican House and Senate next cycle even if Obama wins re-election, do you really want another 4 years of this sub 2% growth crap? The only shot America has to recover is a new direction and a new President.
    6 Jul 2012, 09:26 AM Reply Like
  • mickmars
    , contributor
    Comments (1323) | Send Message
     
    Is Romney really that much different than Obama? We might get to start a new war under Romney. That's about it.
    6 Jul 2012, 09:45 AM Reply Like
  • HoeTamer
    , contributor
    Comments (186) | Send Message
     
    Romney is a proven leader, Salt Lake Olympics, Bain Capitol, ex-Governor. Obama has a fine record as a community organizer and Choom Gang member http://abcn.ws/MFogDv. Do you know war is coming for a fact? No you don't! We all now know where Obama's going to take us and it's nowhere I want America to go.
    6 Jul 2012, 09:54 AM Reply Like
  • mickmars
    , contributor
    Comments (1323) | Send Message
     
    We'll likely hit the reset button some time in the next President's term, no matter who it is. Deficit spending projections under Romney are the same, if not worse, than Obama's.

     

    I'm just afraid that if Romney's in office when that happens, the reaction of the public will be to elect someone even farther left than Obama. I'd rather Obama be in office when this kicking the can stuff stops working. Then, maybe we'll elect a real conservative into office as a reaction to his failure.
    6 Jul 2012, 10:26 AM Reply Like
  • HoeTamer
    , contributor
    Comments (186) | Send Message
     
    I need to remind people of the implications of Obama’s immigration policy change this month. The pledge to issue work permits means that we may potentially add 1.2 million workers to the workforce over the next two years. That means we will have to add jobs at a rate closer to 200,000 per month just to keep up with population growth and the policy change. The pandering to special interests for votes has to stop.
    6 Jul 2012, 11:10 AM Reply Like
  • Mad_Max_A_Million
    , contributor
    Comments (1175) | Send Message
     
    Nothing is going to change until we can get the chief executive off the stumping trail. Come to think of it, nothing good happens when we do get him behind a desk.
    With 13,000 new pages of regulation on top of the 2,700 page tax N medicate bill. With 180 new agencies (and growing) to manage the regulation.
    A pant load of new IRS agents to police the unwilling...
    This can't be good for Charlie Rangle and Timmy.
    6 Jul 2012, 09:20 AM Reply Like
  • Poor Texan
    , contributor
    Comments (3529) | Send Message
     
    "This can't be good for Charlie Rangle and Timmy"

     

    Don't worry about Charlie and Timmy. Along with MF Jon, they are TCTP (too connected to prosecute). Holder's got their back.
    6 Jul 2012, 11:41 AM Reply Like
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