What Recovery?

From Ed Morrissey at HotAir:

The White House leaked to several media sources that the number of new jobs would exceed a half-million positions, mainly through temporary Census Bureau expansion, and that the private sector would gain around 150,000…

Yeah, about that…

Here’s the reality:

  1. 95.5% of all job growth in May came from the government, as 411k temporary census workers were hired.
  2. Private sector employment, however, grew by only 41k jobs.
  3. Meanwhile, 322k people dropped out of the labor force.

And as a result of all that, Wall Street tumbled 3% today.

Heck of a recovery, wouldn’t you say?

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2 Responses to What Recovery?

  1. DCG says:

    Good grief…can this admin get any worse? I’m
    now back on 32 hr/wk pay & our only job prospects are coming from the Midldle East. I don’t even want to look at my retirement funds. Hope & change for the “white collar” workers…

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