Saturday, June 4, 2016

Ugly jobs report is even worse than it looks

By John Crudele, The New York Post

The job market went ker-plop in May, which should send new college graduates to the beaches instead of gainful employment, and their tuition-paying parents to psychiatrists.

Let me get right to the bad news. And then I’ll give you even worse news, so you’d better pull up a beach chair.

The Labor Department reported on Friday that the nation’s economy added only 38,000 jobs in May. The experts expected a modest gain of 150,000 jobs, so the actual figure is like setting off a bomb at a gas station.


Commentary by: Lynn Cheramie, Founder, Freedom Fighters of America

But the unemployment rate continues to fall (4.7% LOL) as new jobs created are only 25,000 subtracting 13,000 created by OUR government! Here's a question for the new Common Core Math enthusiasts, if we also subtract companies going out of business and downsizing how much is the net job loss? Well 2+2=13 then subtract 10 add 5 then divide by 2 then multiply by 3, FREAKING ALOT IS THE ANSWER!

FREEDOM FIGHTERS OF AMERICA
FRESH AND TRUE NEWS 24/7 WITH NO HYPE!

No comments: