Private sector employment grows only by 41,000, unemployment down to 9.7%; Update: “Extremely disappointing”; Update: 322K exit labor force

posted at 9:30 am on June 4, 2010 by Ed Morrissey

After a relatively large expansion in private-sector employment in April of 224,000, the Obama administration led people to believe that the growth rate would continue in May.  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 — somewhat less than April but still ahead of population growth.  Instead, the actual BLS numbers missed both marks:

Total nonfarm payroll employment grew by 431,000 in May, reflecting the hiring of 411,000 temporary employees to work on Census 2010, the U.S. Bureau of Labor Statistics reported today. Private-sector employment changed little (+41,000). Manufacturing, temporary help services, and mining added jobs, while construction employment declined. The unemployment rate edged down to 9.7 percent.

In order to keep up with population growth, private-sector employment has to expand by at least 100,000 jobs a month. So far, the Obama administration has only seen that once, in April. Falling back to 41,000 is a drop of 75% of the growth from the previous month and puts the US back in a net job loss situation.

The problem of marginally-attached workers grew, and is reflected in the A-16 table. Comparing May 2009 to May 2010, the number of discouraged workers rose from 792,000 to 1,083,000, while the number of discouraged workers remained steady at 2.2 million. The number of people not in the labor force but who want work — including the “discouraged” workers — rose from 5.865 million to 6.381 million in the past month (not seasonally adjusted — BLS does not provide historical data with seasonal adjustments).

The Washington Post certainly expected better:

The headlines right now are ominous — from the European debt crisis to a gargantuan gulf oil spill to renewed political tensions in several corners of the world. Financial markets have faltered as a result.

But the U.S. economic recovery is still plugging along.

That is the message from the latest wave of economic data, including several reports Thursday. And Friday morning, the Labor Department plans to release what is expected to be the best report on job growth in years, though the numbers will be boosted by temporary hiring by the Census Bureau.

It points back to a spectacularly bad attempt at expectations management by the White House. Either they didn’t know what was coming, or thought that they could spin it into sunshine. The stumble on private-sector growth negates the “we’re gaining strength” claim coming from the Obama administration, and it fits into a narrative of stagnation and incompetence. No one will look at a +41K month as a big step in the right direction, not after the administration’s bragging about the four-times-stronger number in April.

Update: Rob Port notes that 95.5% of all job growth in May came from the government.

Update II: CNBC reports that Wall Street isn’t impressed, either:

US employers added 431,000 jobs to nonfarm payrolls in May, but 411,000 of those were temporary census workers. The private sector added just 41,000 jobs: Manufacturing, temporary help and mining added jobs, while construction declined. That number was also well short of the more than 500,000 economists had expected. The unemployment rate, however, fell to 9.7 percent from 9.9 percent in April.

“This number is extremely disappointing,” said Todd Schoenberger, managing director at LandColt trading. However, he said, it should come as no surprise. “Considering first time jobless claims have been inching higher over the past four weeks … and GDP came in at a lackluster 3%, American companies are going to be reluctant to hire.”

“The two areas of potential vulnerability for the economy remain payrolls and housing and they’re both staggering a good deal,” Art Cashin, director of floor operations at UBS, said on CNBC this morning. “From a market standpoint, I think we’re going to switch over and start issuing Dow 10,000 helmets!”

The Dow was down 160 points shortly after opening and treading back towards the 10,000 mark.

Update III: Why did the unemployment rate go down?  People have begun exiting the labor force again (via Jonah Goldberg):

The unemployment rate fell to a seasonally adjusted 9.7% in May from 9.9% in April, according to a separate survey of 60,000 households. Economists were expecting the jobless rate to sink to 9.8%.

The decline wasn’t particularly good news, however, because the drop was due to 322,000 people dropping out of the labor force. While unemployment dropped by 287,000 to 15 million, employment also fell, dipping 35,000 to 139.4 million.

The participation rate dropped by two tenths to 65%.

Those are not indicators of a growing economy.


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“Create some damn jobs!”

Mark1971 on June 4, 2010 at 9:33 AM

That giant sucking sound you hear is a giant sucking sound.

Akzed on June 4, 2010 at 9:34 AM

Sometimes I miss getalife telling us how the recession is over and how Obama saved us all. I bet she would have had something great to say about these employment figures.

myrenovations on June 4, 2010 at 9:35 AM

Even the nitwits on Bloomberg are beginning to question this administration. Awww…… they’ve spent so much time and energy propping YKW up.

Cody1991 on June 4, 2010 at 9:35 AM

Megan Kelly had a census worker on who is claiming she was hired “3 times” by the very same census department, within a few eeks apart. The government counts that as “3 jobs”.

Not only are the fudging the numbers- but the “government created jobs” are fraudulent.

Odie1941 on June 4, 2010 at 9:36 AM

Since the White House sees no difference between private sector jobs and public sector ones — or even prefers public sector ones because of the SEIU benefits they can bring — it’s not a big surprise some doofus patronage appointee in the Labor Department would see the raw data and tell Obama’s people the May jobs report was rainbows and unicorns (and no doubt some Einstein in the White House even now is trying to solve the problem by figuring out a way to make the part-time Census jobs permanent).

jon1979 on June 4, 2010 at 9:36 AM

Dow is down 160. Have a nice weekend!

Mark1971 on June 4, 2010 at 9:36 AM

No no no
we created 40,000 jobs

plus 200,000 secret jobs

so really unemployment is back down to 1.2 percent

/

blatantblue on June 4, 2010 at 9:37 AM

CHANGE … that’s all I have left.

ColumbusConservative on June 4, 2010 at 9:38 AM

JOBS JOBS JOBS

“We saved the economy.” – Rahm Emmanuel

Good Lt on June 4, 2010 at 9:38 AM

Obama says green jobs are right around the corner. He also says it is conservatives that keep him from the green job explosion.
Now he wants to kill energy jobs in Louisianna.

seven on June 4, 2010 at 9:38 AM

So….. this means another “stimulus” package? That’s the chatter – spend more money to create jobs.

Cody1991 on June 4, 2010 at 9:38 AM

Unexpected.

JohnGalt23 on June 4, 2010 at 9:38 AM

I heard on KSFO radio this morning that the census hiring numbers are an even bigger lie. Apparently, when a temporary census worker’s term is up, they are “rehired” and then counted AGAIN, i.e. 2 jobs were “created” for one worker!

SPCOlympics on June 4, 2010 at 9:39 AM

We’ll all be workingin gov’t jobs if this keeps up

cmsinaz on June 4, 2010 at 9:39 AM

Beck just nailed it. Obama cannot afford to let the census workers go. It would tank his employment numbers. Instead, he’ll find some way to keep them counted as employed, in public sector employment.

petefrt on June 4, 2010 at 9:40 AM

Obama says green jobs are right around the corner. He also says it is conservatives that keep him from the green job explosion.
Now he wants to kill energy jobs in Louisianna.

seven on June 4, 2010 at 9:38 AM

Well, “Green” worked so well in Spain we should definitely repeat the failure. Their unemployment is only 20%+

Cody1991 on June 4, 2010 at 9:40 AM

Jimmy Carter on steroids… Liberalism has failed mankind with every attempt.

Keemo on June 4, 2010 at 9:40 AM

Anybody with a lick of common sense can see this trend (10% unemployment) is only going to get worse.

Waaaaay too much uncertainty for anyone to plan. No employers will plan until Oblame-a is out so you won’t see real physical hiring until 2013 when investors/employers finally have an idea of what to expect.

Tim Zank on June 4, 2010 at 9:41 AM

That fat, obnoxiously happy woman, Rohmer, is on now.

She’s an idiot. What a tool.

Cody1991 on June 4, 2010 at 9:41 AM

That giant sucking sound you hear is a giant sucking sound.

Akzed on June 4, 2010 at 9:34 AM

Whew! I was afraid it was Bawney.

Laura in Maryland on June 4, 2010 at 9:42 AM

Forecasts off by 20% again. 95% are temporary government jobs. What a mess.

forest on June 4, 2010 at 9:42 AM

Unemployment is the BO oil spill. Barry’s trying the top kill approach–stuff the hole with government jobs, hope like crazy that it holds.

TexasDan on June 4, 2010 at 9:42 AM

How is this jackass’s approval still in the upper 40s?

Mark1971 on June 4, 2010 at 9:42 AM

How do they come up with 41,000 private sector jobs, when there were 431,000 total, and 411,000 of those were Census jobs? Shouldn’t that mean a max of 20,000 private sector jobs?

Jon0815 on June 4, 2010 at 9:43 AM

Yes, but how much did it snow?

Notorious GOP on June 4, 2010 at 9:43 AM

Jon0815 on June 4, 2010 at 9:43 AM

I was wondering the same thing.

Mark1971 on June 4, 2010 at 9:44 AM

Weeeee

Mr. Joe on June 4, 2010 at 9:45 AM

Beck just nailed it. Obama cannot afford to let the census workers go. It would tank his employment numbers. Instead, he’ll find some way to keep them counted as employed, in public sector employment.

petefrt on June 4, 2010 at 9:40 AM

I’ve been wondering for months if he’ll end up trying a stunt like that. But aren’t they paying these folks between 15-20 bucks an hour? Even if we generously go with the $15/hr figure and exclude any benefits, that would require over $31 billion a year to keep 1 million Census workers on the government payroll.

Doughboy on June 4, 2010 at 9:45 AM

Hey, how about we just make the “temporary” Census workers permanent? I’m sure the Regime could find a use for them.

forest on June 4, 2010 at 9:45 AM

Blabbermouth is making some remarks about the economy. Well, he thinks he is. Most of what he says is incomprehensibly stupid and meaningless.

After that I guess it’s a few rounds of golf.

Cody1991 on June 4, 2010 at 9:45 AM

Unexpected!

riverrat10k on June 4, 2010 at 9:48 AM

Not to worry. Joe Biden says the economy is recovering, and the GOP will be sorry! 24 hours later, this report is issued.

LOL*

What a nitwit.

AnninCA on June 4, 2010 at 9:48 AM

Megan Kelly had a census worker on who is claiming she was hired “3 times” by the very same census department, within a few eeks apart. The government counts that as “3 jobs”.

Actually, no they don’t. That would not inflate the number of Census jobs counted. They get the Census jobs added number by looking at the number of people on the Census payroll on a specific date, and then comparing that to the number on the same date the month before.

Jon0815 on June 4, 2010 at 9:48 AM

“Considering first time jobless claims have been inching higher over the past four weeks … and GDP came in at a lackluster 3%, American companies are going to be reluctant to hire.”

Maybe that has just as much to do with Obamacare, inevitable tax increases, and the overall anti-business tone of the Regime. I wouldn’t hire anyone right now unless I absolutely had to.

forest on June 4, 2010 at 9:48 AM

Maybe I’ll be able to get one of those new jobs on the government’s journalism rationing board, or whatever they decide to call it to make it sound better. As the President said, there’s too much information out there. It just confuses people. I bet the retirement benefits are pretty good….

RBMN on June 4, 2010 at 9:48 AM

How do they come up with 41,000 private sector jobs, when there were 431,000 total, and 411,000 of those were Census jobs? Shouldn’t that mean a max of 20,000 private sector jobs?

Jon0815 on June 4, 2010 at 9:43 AM

I was wondering the same thing.

Mark1971 on June 4, 2010 at 9:44 AM

I’m starting to wonder if they are outright lying to us to see if they can get away with it. With the way the media is spinning all of this, they may get away with it. If they feel like they got away with it, look out, I think there may be a dramatic and huge power grab coming.

MobileVideoEngineer on June 4, 2010 at 9:48 AM

Obama hired lawyers to go to the Golf coast and clean up BP.
How many paraprofessionals per lawyer?
Do the suits outnumber the clean up workers?

seven on June 4, 2010 at 9:49 AM

BHO: “There is not a day goes by that I don’t think about the unemployment numbers. I think about the numbers from the time I get up until the time I go to bed. Malia came into my bathroom today when I was shaving and asked, ‘Have you created any jobs yet, daddy?’”

mwdiver on June 4, 2010 at 9:49 AM

I may have to eat my unicorn. I’m kinda tired of skittles anyways.

I’m sure glad that we doubled our exports like Teh Won promised.

GnuBreed on June 4, 2010 at 9:50 AM

My mom just lost her private-contractor Medicare/Medicaid quality assurance job after the contract was renewed in February. The private sector isn’t growing, and where the government is, it’s only temporary. Heckuva job, Barry!

pookysgirl on June 4, 2010 at 9:51 AM

I heard on KSFO radio this morning that the census hiring numbers are an even bigger lie. Apparently, when a temporary census worker’s term is up, they are “rehired” and then counted AGAIN, i.e. 2 jobs were “created” for one worker!

SPCOlympics on June 4, 2010 at 9:39 AM

Worse then that, each time they are “rehired” to do a neighborhood that is a “new” job.
Some are as many as three or four, and it is just beginning.
This is confirmed from an area director to Fox news, they have the email from him.
That does two things, they get a “new” job, and it keeps them off the unemployment, even if they work 6 hours every couple of months.

right2bright on June 4, 2010 at 9:51 AM

Heard that all census workers had to “re-apply” for their jobs as of June 1. From another forum:

Incidentally, every Census Worker in the my county (including myself) had to fill out “new hire” paperwork again on Tuesday. Official line was “our contract got renewed”. I9s, W4s, DDAs, even the paper saying we’d taken the oath of office (which we didn’t actually retake). All dated 1 June now.

Bets on whether those show up as even more jobs?

More unexpected lying.

riverrat10k on June 4, 2010 at 9:51 AM

Every time he talks currencies and equities sell off more.

Yep. The ‘light bringer’….. more like Dr. Death.

Cody1991 on June 4, 2010 at 9:51 AM

Beck just nailed it. Obama cannot afford to let the census workers go. It would tank his employment numbers. Instead, he’ll find some way to keep them counted as employed, in public sector employment.

petefrt on June 4, 2010 at 9:40 AM

No, Beck was listening to Cavuto who broke the story.

right2bright on June 4, 2010 at 9:52 AM

Laura in Maryland on June 4, 2010 at 9:42 AM

LOL

ladyingray on June 4, 2010 at 9:53 AM

Whew! I was afraid it was Bawney.
Laura in Maryland on June 4, 2010 at 9:42 AM

Eeewww Laura! Bad!

Akzed on June 4, 2010 at 9:53 AM

OMG!! He just laid off the blame on Biden congratulating him for getting the ‘recovery’ going.

Hahahahahahhahaha…… he does have a sense of humor

Cody1991 on June 4, 2010 at 9:53 AM

President speaking right now telling us how brilliant he is.
So totally clueless and politically tone deaf.
Sounds like a 5 year plan update from the Soviet Union.
Also, blaming Bush again- what a punk.

jjshaka on June 4, 2010 at 9:53 AM

im still “employed” by the census, even though I have not worked in two months.

blatantblue on June 4, 2010 at 9:54 AM

The number one focus of the BHO administration was jobs…yeah! But Sestak and Romanoff don’t count.

d1carter on June 4, 2010 at 9:54 AM

I had to turn it off. Can’t listen to this guy. He’s absolutely clueless, pathetic, childish and dangerous.

Cody1991 on June 4, 2010 at 9:55 AM

Sometimes I miss getalife telling us how the recession is over and how Obama saved us all. I bet she would have had something great to say about these employment figures.

myrenovations on June 4, 2010 at 9:35 AM

I believe that’s getalife in the Despair.com picture on the blog.

Patrick S on June 4, 2010 at 9:56 AM

“The two areas of potential vulnerability for the economy remain payrolls and housing and they’re both staggering a good deal,”

Double dip recession.

petefrt on June 4, 2010 at 9:57 AM

im still “employed” by the census, even though I have not worked in two months.

blatantblue on June 4, 2010 at 9:54 AM

They should send you down to Mexico to count future residents. Hows your Spanish?

RBMN on June 4, 2010 at 9:57 AM

The number one focus of the BHO administration was jobs…yeah! But Sestak and Romanoff don’t count.

d1carter on June 4, 2010 at 9:54 AM

His notions of employment are for his union buddies. If they can unionize the health care industry, it’s ‘mission accomplished’ for him. No one can tell me that he isn’t a Marxist.

Cody1991 on June 4, 2010 at 9:57 AM

It’s Friday, I wonder what stuff the White House is going to dump this evening?

sandee on June 4, 2010 at 9:58 AM

Also, blaming Bush again- what a punk.

jjshaka on June 4, 2010 at 9:53 AM

Not a surprise there, but what exactly is he blaming Bush for this time?

Doughboy on June 4, 2010 at 9:59 AM

411,000 extra people to “count” 300 million (most of whom sent their form in by mail).

Ya, government works.

reaganaut on June 4, 2010 at 9:59 AM

Not surprised.

I have been doing the jobs of three people since my company had their massive layoffs last year. It’s not going to change any time soon. Why hire two more people when you don’t have to?

gophergirl on June 4, 2010 at 10:02 AM

…would require over $31 billion a year to keep 1 million Census workers on the government payroll.

Doughboy on June 4, 2010 at 9:45 AM

Yup, but imagine how many windmills they could make.

petefrt on June 4, 2010 at 10:02 AM

Hopefully he goes off into the night never to be seen again. He keeps harping on one, old campaign theme–Bush’s fault. This was old, tired, and untrue when he used it in the campaign, it hasn’t improved with age. This man is cracking up right before our very eyes. This is going to get uglier than it is now. We will survive and we must vow to never let it happen again.

BetseyRoss on June 4, 2010 at 10:02 AM

They’re going to try to keep the DJIA above 10,000. A close below is when everyone throws in the towel – double dip recession.

There may be a big spike beyond the usual short covering before the close. Should be interesting today. Zippy’s PPT will be working overtime today.

Cody1991 on June 4, 2010 at 10:02 AM

Prediction: yet another troll-free thread.

rbj on June 4, 2010 at 10:03 AM

They should send you down to Mexico to count future residents. Hows your Spanish?

RBMN on June 4, 2010 at 9:57 AM

maso menos

blatantblue on June 4, 2010 at 10:03 AM

From another thread, but more pertinant to this one:

OT/ Perhaps the greatest sign that the political worm has turned on Obama. This a quote pulled from WaPo describing the internal discussions inside the DNC:

“They don’t have the leverage that past White House political operations have had,” said one strategist who spoke on the condition of anonymity to discuss the situation candidly. “They’ve tried to influence these races and nobody’s listening. . . . “

When a wanna-be tyrant can’t get anyone to listen to him, when their threats are deemed hollow, the days of their reign are numbered.

More from WAPo,

“Friday’s jobs report, which forecasters predict will show substantial growth over the past month, is expected to provide the White House with good news about the economy — and give officials something to point at to buttress their argument that their economic policies are working.”

Hmmmm, too bad. That’s not the way it panned out, the jobs # is in and the market is opening 200pts down because the White Houses’s shell game isn’t fooling anyone anymore.

Drudge headline:

MAY: 9.7% UNEMPLOYMENT…
Burst of temporary hiring…
Census Worker Claims Job Numbers Being Inflated…

+430,000 JOBS
+41,000 PRIVATE
MARKETS ROCKED

People are starting to do the rudimentary arithmitic, 41K new producers provding a tax base to pay for 389K more non-producers simply won’t work. And as it becomes apparent that this was the formula behind the “jobs saved or created” that just cost us $787B, Lincoln’s admonition about fooling some of the people some of the time begins to come into play.

These have been dark days recently watching disasters in policy both foreign and domestic unfold, but I begin to take heart that we may oust the malignancy that is Obama & his progressive caucus in time to turn the tide. I am more encouraged than I’ve been in a long time, I hope I am not reading to much into these factors,. But the accumulation of the above and the the unraveling of Sestak/Romanoff with the Blago circus coming to a head, we may not even have to wait till 12 to be rid of Obama and the cancerous progressives.

Have nice day!

Archimedes on June 4, 2010 at 10:04 AM

IMNSHO, the Obama regime deserves many, many more howls for this than they are getting over the oil spill.

Purple Fury on June 4, 2010 at 10:04 AM

The Socialist party’s best friend GEORGE SOROS has made huge bets that the EURO will fall to a 1-1 exchange rate with the American Dollar by December .
Where is the press outcrying of Haliburton/ Cheney now ?

Even worse is the Gulf crisis , low paying jobs that would usually go to TEENS are not going to happen in that region .
The fallout extends to eateries and of course retail shops.

Maybe Obama could have another White House Concert ?

Many outlets have reported the Census workers were re hired 2and 3 times.
The loss of these jobs will come back to bite Obama
Of course unless they become the ” army of brown shirts ”

Hang on we are in for an election cycle downturn in the Economy that will be remembered for decades
Google M3 money supply and read the really bad news

ELMO Q on June 4, 2010 at 10:05 AM

Maybe the redhead with the cell phone got a census job.

Dr. Carlo Lombardi on June 4, 2010 at 10:05 AM

Even NYT is taking a big dump on these numbers.

forest on June 4, 2010 at 10:05 AM

DOW Data as of 9:51am ET
-207.00 / -2.02%
Level 10,051.00

petefrt on June 4, 2010 at 10:06 AM

Beck just nailed it. Obama cannot afford to let the census workers go. It would tank his employment numbers. Instead, he’ll find some way to keep them counted as employed, in public sector employment.

petefrt on June 4, 2010 at 9:40 AM

I’ve been wondering for months if he’ll end up trying a stunt like that. But aren’t they paying these folks between 15-20 bucks an hour? Even if we generously go with the $15/hr figure and exclude any benefits, that would require over $31 billion a year to keep 1 million Census workers on the government payroll.

Doughboy on June 4, 2010 at 9:45 AM

Very simple solution….do a re-count.

PatriotRider on June 4, 2010 at 10:07 AM

People left the labor force after just having jumped back into it? Fickle unemployed people.

myrenovations on June 4, 2010 at 10:07 AM

This is all entirely expected. Job growth doesn’t exceed the natural growth in the labor market until GDP grows at over 4 percent. And the GDP won’t grow at over 4 percent when the future is so uncertain. Who in their right mind knows what the Obama administration will do next? When your policy is to use each new crisis as an excuse to change the system in new and exciting ways there can’t be any forward looking planning, because there is no certainty what the future will look like. Will regulation increase? Will penalties and feees increase? Will taxes increase? And if they do by how much and who will suffer the most? Who knows?

Fred 2 on June 4, 2010 at 10:11 AM

People left the labor force after just having jumped back into it? Fickle unemployed people.

myrenovations on June 4, 2010 at 10:07 AM

Probably not the same people. I mean after the first 6-12 months it gets really hard to keep looking when you aren’t getting anywhere or when the only jobs are contract or temporary.

You had people who were giddy about the last jobs report so they jumped back in, but then the other people who have been out of work for longer than a year probably just stopped looking.

MobileVideoEngineer on June 4, 2010 at 10:12 AM

I am sure the hype was all unexpected … It’s what dictators do, they lie.

And still the revisions are to come.

The truth will in the end be the only thing left standing.

tarpon on June 4, 2010 at 10:13 AM

Sure glad Obama is ‘focusing laser like’ on the economy. Can you imagine what it would be like if he wasn’t?

GarandFan on June 4, 2010 at 10:13 AM

I thought jobs was the first thing Obama thinks about in the morning and the last thing before going to bed….or was it the oil thing….or security…or better health care….or the exploding deficit…or his next golf date…or….time for a vacation!!!

albill on June 4, 2010 at 10:14 AM

431K
-411K
——-
20K

who is doing the math at the Labor Bureau?

journeyintothewhirlwind on June 4, 2010 at 10:16 AM

“Daddy, do you expect to be re-elected?”

petefrt on June 4, 2010 at 10:16 AM

Ooooooohhhhh! Most unexpected!

Pablo Snooze on June 4, 2010 at 10:16 AM

Some reporters (even one?) might want to look at what that ol dummy Bush did to jump start the economy after 911…

Same fix applies and always will.

Can we even MAKE IT to 2012?

US debt is expanding by 5 billion a DAY! (ok, 4.9)

golfmann on June 4, 2010 at 10:17 AM

Can you imagine the unemployment rate if this had not been a one-in-ten years census year?

Perhaps NBC can produce and air a Paul McCartney & friends benefit concert special to raise money for all the previously employed and now poor Americans.

Let them eat cake!

jdflorida on June 4, 2010 at 10:17 AM

During Barry’s speech about Economics that turned into a “rip the GOP” speech he even said something very close to this:

We expect big job numbers this Friday.”

Nice Job, Barry.

Shivas Irons on June 4, 2010 at 10:17 AM

We were discussing, last night, the theory that BO is going to rresign before his term is up. As unlikely as it seems for such a classic narcissist, I’m starting to believe it may be a possibility.
The economy obviously is not growing and yes, they can likely keep the census workers indefinitely somehow, but the Gulf States and maybe up the east coast are about to start feeling this oil mess. Those unemployment numbers are not going to be offset by hiring and rehiring the same 411K.

ORconservative on June 4, 2010 at 10:18 AM

I’m listening to a European news source saying that Romer is making the rounds talking up these numbers. They’re laughing as they speak.

Cody1991 on June 4, 2010 at 10:19 AM

But think of the millions of jobs he saved last month.

jeff_from_mpls on June 4, 2010 at 10:19 AM

Only 41,000 private sector jobs if that. 431,000 minus 411,000 actually equal 20,000 in real math. To all you young high school and college graduates I hope you still have a room at your parents house because this is grim. To those CG’s that didn’t vote for zippy my condolences on seeing your financial prospects for a prosperous future dimmed. For those of you that did vote for him as your Messiah said recently money isn’t everything so please enjoy your funemployment and the staggering college debt that you owe.

chemman on June 4, 2010 at 10:21 AM

Doughboy on June 4, 2010 at 9:59 AM

Blaming W on the economy- this is so pathetic a year and a half later.
Bush inherited a recession also and cut taxes immediately, with great success.
Obama, as a socialist, refuses to do that because it betrays the ideology.
The total failure that is socialism is what we are reaping right now.

jjshaka on June 4, 2010 at 10:22 AM

Megan Kelly had a census worker on who is claiming she was hired “3 times” by the very same census department, within a few eeks apart. The government counts that as “3 jobs”.
Actually, no they don’t. That would not inflate the number of Census jobs counted. They get the Census jobs added number by looking at the number of people on the Census payroll on a specific date, and then comparing that to the number on the same date the month before.

Jon0815 on June 4, 2010 at 9:48 AM

Thats a joke, right?

Total nonfarm payroll employment grew by 431,000 in May, reflecting the hiring of 411,000 temporary employees to work on Census 2010, the U.S. Bureau of Labor Statistics reported today

So add up May census workers (411,000), April census workers (440,000) and March census workers (45,000)Februaray (50,000) and Jan (35,000) “hired”.

If there isn’t overlapping – that would be roughly 1M census jobs, when in fact there are a finite number of census workers needed – 573,000.

Here is the actual us.census.gov website and payroll:
http://2010.census.gov/news/releases/jobs/temp-workers.html

According to them 440,000 workers were added in April. According to them – through May 22nd – there was a net loss of 28,000 census workers.

Now reports say they “added” 411,000 in May.

Did they hire 439,000 people from May 22nd – May 31st to end up with a net 411,000 jobs in May???

Their own data is fraudulent It is manipulated from April – May… which ironically coincides with the “glowing unemployment numbers of temp census hires”

Odie1941 on June 4, 2010 at 10:22 AM

If only another 4-5 million would exit the labor force, Obama would claim success at having returned to full employment!

cntrlfrk on June 4, 2010 at 10:22 AM

ORconservative on June 4, 2010 at 10:18 AM

I’ve always believed that the possibility of his resignation is real. Someone in the Am. Spectator wrote about it earlier this week.

He can’t do the job, and Americans are not going to go hungry and jobless just because some oily politician has nice creases in his suit. We aren’t a culture that is inclined to resignation and taking orders from incompetent, reckless people.

Cody1991 on June 4, 2010 at 10:23 AM

the theory that BO is going to resign before his term is up.
ORconservative on June 4, 2010 at 10:18 AM

Well, the only way I can see it happening is under threat of imminent impeachment. Opposition doesn’t inform him. It only makes him more defiant. Makes him double down.

petefrt on June 4, 2010 at 10:24 AM

The decline wasn’t particularly good news, however, because the drop was due to 322,000 people dropping out of the labor force.

Let me get this straight, benifits ran out for 322,000 so they left the job market, or is there some other definition of this? Lord, we have Newspeak & Newthink. They think the public are fools, well may we are I guess.

whbates on June 4, 2010 at 10:24 AM

Hey – you know what we need?

ANOTHER MASSIVE POINTLESS STIMULUS! MORE OF THE SAME!

/Obama logic

Good Lt on June 4, 2010 at 10:25 AM

I wish an enterprising blogger would explain to us non-economists:

1. Why the majority of the Stimulus is unspent.

2. Why nobody is clamoring for it to be spent or returned to the treasury.

3. What it will be used for this Fall (not a snipe, I understand it was slated to be spent in the year 2010, my question is, on what?)

It’s like even the conservative media doesn’t see this as a curious state of affairs.

Over half a trillion dollars is sitting in the Democrat wallet and nobody seems to care.

jeff_from_mpls on June 4, 2010 at 10:26 AM

The economy obviously is not growing and yes, they can likely keep the census workers indefinitely somehow, but the Gulf States and maybe up the east coast are about to start feeling this oil mess. Those unemployment numbers are not going to be offset by hiring and rehiring the same 411K.

ORconservative on June 4, 2010 at 10:18 AM

I just can’t see how they could “rehire” the Census workers after this month. The Census is over, everyone has been counted (some I know have been counted twice). There simply won’t be anything for them to do, plus their payroll is pretty big and can’t just be hidden that easy. I don’t see Congress granting them anymore money rehire all of these guys.

Johnnyreb on June 4, 2010 at 10:27 AM

This is all entirely expected. Job growth doesn’t exceed the natural growth in the labor market until GDP grows at over 4 percent. And the GDP won’t grow at over 4 percent when the future is so uncertain. Who in their right mind knows what the Obama administration will do next? When your policy is to use each new crisis as an excuse to change the system in new and exciting ways there can’t be any forward looking planning, because there is no certainty what the future will look like. Will regulation increase? Will penalties and feees increase? Will taxes increase? And if they do by how much and who will suffer the most? Who knows?

Fred 2 on June 4, 2010 at 10:11 AM

ON. ZEE. MONEY.

Archimedes on June 4, 2010 at 10:28 AM

I’m a non-farm non-worker. I’d love to find a job so I can bring some positive monetary income to the household.

According to this report – I’m just one of over 1 MILLION out of work workers.

Non-workers of the world, UNITE! Bring down this corrupt regime and let business do what this incompetent clown CAN’T do – CREATE JOBS!

SeniorD on June 4, 2010 at 10:31 AM

2010 Census Total Payrolls by Month Breakdown:

Jan Census Payrolls: 35,151
Feb Census Payrolls: 84,942 (added 49,791)
March Census Payrolls: 132,285 (added 47,343)
April Census Payrolls: 575,700 (added 443,415)
May Census Payroll (as of May 22nd): 549, 450 (lost 26,250)

Where the hell are “net 411,000 jobs in May” coming from, considering – there was a loss up until May 22nd in total census payrolls. Again – that would mean a net hire of 437, 250 jobs.

Again – if this was true, based on their own numbers – there are close 1M census workers on payroll…

Odie1941 on June 4, 2010 at 10:32 AM

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