Friday, July 8, 2011

A Truly Horrible Jobs Report

 

Some music to listen to while reading today's jobs report
By: Conn Carroll at the Washington Examiner

 



Today's June jobs report from the Department of Labor is a complete catastrophe for the Obama administration. Unemployment, up. Job growth, non-existent. Percentage of adults with jobs, down. Job creation numbers for the past two months, revised down. Labor force participation rate, down. Number of hours worked, down.

It wasn't supposed to be this way. Treasury Secretary Tim Geithner's New York Times op-ed Welcome to the Recovery. Remember Vice President Joe Biden's Recovery Summer.

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