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US created 287K jobs in June
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You are currently reading a thread in /pol/ - Politically Incorrect

Thread replies: 43
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>The U.S. created 287,000 jobs in June, massively topping analyst expectations.

>Economists surveyed by Reuters said they were, on average, expecting nonfarm payrolls to show growth of 175,000 for June, and the unemployment rate to rise to 4.8 percent.

http://www.cnbc.com/2016/07/08/us-created-287k-jobs-in-june-vs-175k-expected-unemployment-rate-at-49-pct.html

>B-but Obama is killing the economy! He's a bad president!

Poltards fucking obliterated yet again.
>>
wtf I love obama now
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Yeah Soros has done a really good job of employing thousands of black and white protesters
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>The already weak payrolls growth from May was revised even further downward, to 11,000.
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>companies create jobs
>somehow obama is praised for it
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>>80229075
He's punished when they dont say yeah
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Yaye more minimum wage jobs where you need to get section 8 housing from the government and food stamps.
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>>80229040
>>80229071
>>80229075
>>80229179

wtf I hate /pol/tards now
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>>80228905
287,000 jobs making $287,000 an hour
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>>80228905
Wow if everyone is employed, then why do we need to increase the minimum wage?

Oh yeah, because the jobs created are shit tier service industry
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>>80229075
I love the picture that shows the stock market going up and gas prices going down and praises obama for it
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>>80228905

>Obama blamed when country loses jobs
>Obama praised when country gains jobs
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>>80228905

How many were replacing dead cops Mr President?
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>>80228905
Don't you have a little girl to circumcise, Mohammed?
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>>80229532

Racewar/10
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>>80228905

We wuzzz CEO and shiieeeett, blacks creatn joobs whooooooo
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>>80228905

95,000,000 not in labor force any longer

it's dead, jim
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>>80228905
Actually we had the worst jobs report in decades. OP confirmed faggot
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This will get revised down like it does every time. Oh and they nearly all part-time food service or retail jobs. 34.4 hours a week? That's ridiculously low and you cannot have a good living at 34 hours a week working retail.
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wtf i love democrats now
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>>80228905

yeah 287k mcjobs
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>>80228905
wait for that number to be revised in a month or two

also. most of those jobs are likely seasonal work with shit income and will disappear come the fall
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>>80228905
That's easy when you force companies to make employees go part-time, thus making them seek out 2 jobs instead of one to provide them with basic needs.
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Leisure and Hospitality added 59,000 minimum wage jobs

Education and Health also added 59,000 mostly minimum wage jobs

Retail Trade added 30,000 certainly minimum wage jobs

With more than half of job additions being minimum wage one can see why the June average hourly earnings increase was below the expected 0.2% (and 2.7% Y/Y), instead printing at 0.1% and 2.6%.

Where were the rest of the job increases: Information +44K, Professional Services (ex temps) +23K, Government +22K, Financial Services supposedly added 16K just don't tell all those recently laid off bankers, temp workers rose by 15K, and somehow even manufacturing added 14K despite the ADP report seeing the biggest drop in mfg employment since 2010.

Were there any job losses: yes, in mining and logging, which lost 5K jobs and transportation and warehousing which saw a 9.4K drop as the heavy trucking collapse hits home.
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It's looking up here in Sweden as well. Like 4% unemployment among non-immigrants. I'm starting to get scared there'll be another crash before I finally graduate in half a year or so, though. How common are long periods of sustained low unemployment?
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>>80228905
>>80228905
>Looks at small portion towards the end of his career
>"But it's proof! He's saving the economy!"
>Obama gives oil companies in BRAZIL equipment to mine oil, then we BUY the oil back
Oh man he's sure saving the economy. I bet you think jobs are the only thing make an economy. Go shill somewhere else you pedophile
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>>80229530
obama = new bieber
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Today 5 more jobs became avaible.
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>>80230520

It's like one big, giant, window that Obama has smashed and said "see, jobs!" - all while people leave the work sector, capital flight and trade deficits skyrocket
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>>80229756
We need more burgs, leaf
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>>80230750

harsh, man
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I'm an #obamissle now
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>>80228905

Part time jobs don't pay the bills loser.

Unless you like being poor.
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>>80228905
The article didn't mention whether they were part-time or full-time, so I bet they're all fucking part-time or zero-hour contracts.
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What about people like me who have been working in the restaurant industry with a finance degree and can't find a job because your resume automatically has AIDS since your work history is working in a restaurant after college?
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>>80230954
Bloomberg says this
>http://www.bloomberg.com/news/articles/2016-07-08/payrolls-in-u-s-jumped-287-000-in-june-most-in-eight-months
>The Labor Department’s underemployment rate dropped to 9.6 percent in June, the lowest since April 2008, from 9.7 percent, reflecting a slump in the number of people working part-time for economic reasons. Some 5.8 million workers, the fewest since October, were in part-time jobs but wanted to be employed full time.
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>>80228905

> british ***********************jobs*********************

https://en.wikipedia.org/wiki/Zero-hour_contract
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Burgers should be grateful to Nigel.
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RACE WAR
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>>80228905
the rate rose 4.9% according to your link. they thought it would rise to 4.8%

so the labor report shows more jobs added and unemployment rising faster than expected.

lets wait for gdp growth and consumption figures before we talk of the economy shall we after all thats when the adults talk of the economy
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>conservashits btfo

wew. can't wait for november.
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>>80228905
>Fire people
>Hire them back for part time work for less money.

JOB CREATION
>>
That does it!

I'm now an #Obomba.
Thread replies: 43
Thread images: 4

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