Depending on which economist you listen to, the economy needs to add somewhere between 125,000 to 166,000 jobs every month; just to account for population growth. A failure to do so actually means that the economy lost jobs. According to last Friday's employment report, only 80,000 jobs were added. What that really says is that the we actually lost between 45,000 and 86,000 in June. Would somebody please tell Obama that this is not "a step in the right direction" as he had commented on Friday with regard to the jobs report:
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment