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+------ Thread: June 2012 Jobs (/thread-577014.html)
June 2012 Jobs - Vewb1 - 07-07-2012 06:40 AM
Reports are coming in that in June 2012 over 80,000 private sector jobs were added. Not sure why this is so poor as the conservatives would have one believe. As I recall, when President Obama took office, the economy was losing over 750,000 jobs a month. This was after leaving the conservative agenda of both the president at the time GW Bush and the conservative congress. Now if one wants to return to those same policies, wants a free for all on Wall Street, then these numbers are not good. I consider them good and a positive step. We have lost over 650,000 gov't jobs since Obama has taken office. A credit to him reducing the payroll and expenses but also affecting the job numbers. Those gov't jobs if maintained or added would reduce job number by a percentage point. I think any positive numbers are good. I do also believe that there are a large number of companies with alot of cash, waiting for the uncertainty to be reduced and waiting to invest in new jobs. This is in part due to the Affordable Care Act and it's 2014 implementation which the conservatives demanded and in part due to many of the CEO's simply do not want to expand under this presidents watch. My take, good job numbers, could be and should be better.
http://www.huffingtonpost.com/2012/07/06/june-jobs-report-unemployment-rate_n_1653579.html
RE: June 2012 Jobs - HtownOrange - 07-18-2012 10:02 PM
It is poor because more people are still without work now than when Obama took office. That does not include the fact that the Obama administration has discontinued counting people no longer receiving unemployment benefits, which results in an even higher unemployment number.
As long as the unemployment number is higher than when Obama took office, the republicans will use it against him. If there was a republican president with the same numbers, the Democrats would do the same.
I agree that any increase in jobs is a good thing.