Today’s job numbers weren’t just “unexpected,” they were scary.
In a nation where 87,897,000 are no longer in the labor force, the Bureau of Labor Statistics announced on Friday that just 80,000 jobs were added in June, a figure that fell short of the already low estimate of 100,000 economists predicted.
The overall unemployment rate, which does not include those who have given up looking for a job or are underemployed, remained at 8.2 percent.
While 80,000 people were lucky enough to find jobs, 85,000 people went on disability.
Yeah, you read that right:
While Obama’s out on the campaign trail telling everyone how the weakest jobs quarter in three years is a “step in the right direction,” he sang a different tune 8 years ago:
You know what, Barry? I’ve heard from people too. Black people:
Hit hardest were the unemployed in the black community, where the unemployment rate increased from 13.6% in May to 14.4% in June. For black youths aged 16 to 19, the unemployment rate is now an astonishing 39.3%, up from 36.5% last month.
After an increase from 10.3% to 11.0% in May, the unemployment rate among Hispanics remained stuck at 11.0% in June.
It hurts women also:
The number of women unemployed in June was 5,785,000, an increase of 780,000 from when Barack Obama was inaugurated in January 2009 – at that time, the number of unemployed women in the United States was 5,005,000.
As Teri Christoph would say, #WarOnWomen.
I have no idea how anyone can still support liberal economics or liberal politicians. If history wasn’t enough of a lesson, how about the present? They are giving a clinic on how not to run a government!