Jobs report: 80K jobs added, 8.2% jobless rate; Update: Worst quarter in 2 years

posted at 8:33 am on July 6, 2012 by Ed Morrissey

The jobs report for June shows another gloomy month in the US economy.  Job growth amounted to a disappointing 80,000, below analyst expectations of 90-100K, while the jobless rate remained the same at 8.2%:

Nonfarm payroll employment continued to edge up in June (+80,000), and the unemployment rate was unchanged at 8.2 percent, the U.S. Bureau of Labor Statistics reported today. Professional and business services added jobs, and employment in other major industries changed little over the month. …

In June, the number of long-term unemployed (those jobless for 27 weeks and over) was essentially unchanged at 5.4 million. These individuals
accounted for 41.9 percent of the unemployed. (See table A-12.)

Both the civilian labor force participation rate and the employment-population ratio were unchanged in June at 63.8 and 58.6 percent,
respectively. (See table A-1.)

This is only a bare improvement over last month’s report, with its addition of 77,000, an upward revision from the report a month ago, which had May at 69,000. The average monthly job growth has been 75,000 over the last three months — when we need 125K-150K to keep up with population growth. It’s a measure that shows us going backwards … again.

The bad news gets even worse when looking at combined unemployment and underemployment, as measured by U-6.  That measure had dropped to a years-long low in March and April of 14.5%, but now has ticked upward two months in a row, and is back to 14.9%.  Joblessness among African-Americans jumped by 184,000 and the rate shot up from 13.6% to 14.4%, the highest it has been since December 2011.

Update: CNBC notes that the June report makes the second quarter of 2012 the worst hiring period in two years:

With yet another month of weak employment growth, the second quarter marks the weakest three-month period in two years.

May’s weak initial 69,000 report was revised upward to 77,000, which made the June number essentially flat.

There were a few bright spots: The overall work week edged higher by 0.1 hour to 34.5 hours and average hourly earnings grew 6 cents to $23.50.

But it was an otherwise dismal report that will up the stakes in the race between President Obama and Republican challenger Mitt Romney.

Dismal, indeed.  No one can pretend that the Q2 figures are some sort of hiccup.  We are decelerating, and we’re decelerating from stagnation levels, which leaves us very few options as to the eventual destination.

The Associated Press also reports on the weakness of the economy:

U.S. employers added only 80,000 jobs in June, a third straight month of weak hiring that shows the economy is struggling three years after the recession ended.

The Labor Department said Friday that the unemployment rate was unchanged at 8.2 percent.

The economy has added just 75,000 jobs a month in the April-June quarter. That’s one-third of 226,000 a month created in the first quarter. Job creation is also trailing last year’s pace through the first six months of 2012.

Again, the direction is clear, as is the destination, unless we change direction on economic policy.  That is, of course, why we have elections.

The AP report offers this curious analysis:

A weaker job market has made consumers less confident. They have pulled back on spending, even though gas prices have plunged.

I think they have this backwards.  Gas prices have dropped significantly because demand has fallen.

Update II: This is a good time to remind people of the implications of Barack Obama’s immigration policy change this month.  The pledge to issue work permits means that we may potentially add 1.2 million workers to the workforce over the next two years.  That means we will have to add jobs at a rate closer to 200,000 per month just to keep up with population growth and the policy change.

Update III: The AP article also reports that one-third of the job gain came from temp hires.  That may or may not be a bad thing; temp hires usually presage some expansion, but that’s something you want to see more toward the beginning of a recovery than three years into it.  At this stage, and with these low overall numbers, it looks a lot more like bet-hedging.

Update IV: Here is a graph of the U-6 measure since the BLS began reporting it in 1994:

The U-6 level has dropped relatively little in this recovery.  In 1994, a much lower level contributed to a landslide Republican midterm victory.  In 2004, George W. Bush was considered vulnerably on the economy with a much lower U-6 level — remember the Democratic Party nominee John Kerry pontificating about the “jobless recovery”?  With the U-6 ticking back upward and the civilian population participation rate flatlining near its 30-year low, this indicates that American voters may be itching for a big change in economic policy.

Update V: In case you missed the news when it broke, here’s what it looked like:

John Harwood points out that the public sector only lost 4,000 jobs, so the problem is not a lack of government jobs, contra Obama.


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Geeze..
The Government couldn’t spin the numbers any higher then 80K?

Electrongod on July 6, 2012 at 8:38 AM

Count it!

txmomof6 on July 6, 2012 at 8:39 AM

It’s a measure that shows us going backwards … again.

Um… isn’t that the definition of a recession?

The Rogue Tomato on July 6, 2012 at 8:39 AM

Got to be Bush’s fault, right?

AZCoyote on July 6, 2012 at 8:39 AM

Cool. I guessed it right. The economy sucks and it’s going to get worse unless we get this idiot out of the White House.

ROMNEY 2012

cicerone on July 6, 2012 at 8:39 AM

That darn Bush keeps messing up the economy!

WannabeAnglican on July 6, 2012 at 8:40 AM

Cue conservative celebration and a sigh of relief.

libfreeordie on July 6, 2012 at 8:40 AM

Scary thought from Weekly Standard’s Stephen Hayes: Have voters “priced-in” bad economic news as they evaluate Pres Obama? Stubborn polling suggests answer may be yes.

He added this link on twitter http://www.nytimes.com/2012/07/06/us/politics/jobs-numbers-could-affect-presidential-race.html?_r=2&pagewanted=all

Donald Draper on July 6, 2012 at 8:40 AM

Nothing to see here. Let’s fuss about who said the mandate was a tax, and when.

The Rogue Tomato on July 6, 2012 at 8:40 AM

squirrel!
-lsm

cmsinaz on July 6, 2012 at 8:41 AM

Why is it we continue to add fewer jobs than required to keep up with population growth but the unemployment number remains constant?

Skwor on July 6, 2012 at 8:41 AM

Month before the election we go from 8.2 to 7.0, with a labor participation rate of thirty percent.

msupertas on July 6, 2012 at 8:41 AM

Geeze..
The Government couldn’t spin the numbers any higher then 80K?

Electrongod on July 6, 2012 at 8:38 AM

Wait until they are adjusted downward.

E. Kiefaber on July 6, 2012 at 8:41 AM

OK

So Barry went to Ohio because unemployment is below 8%.

budfox on July 6, 2012 at 8:41 AM

U6 jumped up to 14.9 percent…B+/

Erich66 on July 6, 2012 at 8:41 AM

The Rogue Tomato on July 6, 2012 at 8:40 AM

exactamundo

cmsinaz on July 6, 2012 at 8:41 AM

Doing fine.

Nick_Angel on July 6, 2012 at 8:42 AM

Job growth amounted to a disappointing 80,000

Yesterday’s poll I picked 75k to 100k.

What do I win Ed?

Flora Duh on July 6, 2012 at 8:42 AM

Change!!! We are the ones we’ve been waiting for!!! Rise of the oceans will slow and the planet will begin to heal!!! Forward!!!!

Puke

Meat Fighter on July 6, 2012 at 8:42 AM

So that number yesterday was just a WEE bit off huh?

gophergirl on July 6, 2012 at 8:42 AM

Why is it we continue to add fewer jobs than required to keep up with population growth but the unemployment number remains constant?

Skwor on July 6, 2012 at 8:41 AM

Because enough people leave the workforce altogether.

Boomer retirement and those who give up, IIRC.

budfox on July 6, 2012 at 8:43 AM

The private sector is doing fine.

kevinkristy on July 6, 2012 at 8:43 AM

Cue conservative celebration and a sigh of relief.

libfreeordie on July 6, 2012 at 8:40 AM

In the same line of reasoning you are using, shouldn’t you be upset things are not improving and hold those currently responsible for this debacle accountable?

Why do you continue to make excuses for poor performance don’t you want this country to succeed?

Skwor on July 6, 2012 at 8:43 AM

Flora Duh on July 6, 2012 at 8:42 AM

Me too!

I’ll take a Romney win with a Jindal VP as my prize please and thank you.

gophergirl on July 6, 2012 at 8:43 AM

One job for each of his fundraisers in June. Not bad.

Rambotito on July 6, 2012 at 8:44 AM

Lucky for Obama these numbers come out on Fridays…

BadgerHawk on July 6, 2012 at 8:44 AM

To be revised downward next week……

And the >8% trend of the 0bama administration continues another month…

ProfShadow on July 6, 2012 at 8:44 AM

And they’ll be revised downward in coming weeks.

Dingbat63 on July 6, 2012 at 8:45 AM

Cue conservative celebration and a sigh of relief.

libfreeordie on July 6, 2012 at 8:40 AM

Just like you morons creamed in your panties everytime a roadside bomb went off in Iraq under Bush.

msupertas on July 6, 2012 at 8:45 AM

As always:

The OBAMA RECESSION, you BONE it you OWN it.

Chip on July 6, 2012 at 8:45 AM

We’re clearly not spending enough on temporary green energy companies.

And teachers.

Oh, and firefighters.

And stuff.

Stupid republicans.

BKeyser on July 6, 2012 at 8:45 AM

blame mitt for outsourcing jobs
-dear leader

cmsinaz on July 6, 2012 at 8:45 AM

Scary thought from Weekly Standard’s Stephen Hayes: Have voters “priced-in” bad economic news as they evaluate Pres Obama? Stubborn polling suggests answer may be yes.

He added this link on twitter http://www.nytimes.com/2012/07/06/us/politics/jobs-numbers-could-affect-presidential-race.html?_r=2&pagewanted=all

Donald Draper on July 6, 2012 at 8:40 AM

It’s something I’ve been concerned about for a while. Will enough Americans accept this level of mediocrity as the new normal? One would hope people would want better for themselves, but who the hell knows when you’ve got so many damn leechers out there?

Regardless, to any sane, informed person, this latest jobs report is a disaster. We’re definitely mired in a stagnant economy that isn’t growing at all. The contrast in the two choices in November couldn’t be more stark.

Doughboy on July 6, 2012 at 8:45 AM

“Fundamental Transformation”

WordsMatter on July 6, 2012 at 8:46 AM

AP: Millions of workers celebrate more quality time with family.

petefrt on July 6, 2012 at 8:46 AM

Picture Drudge is using is perfect.

Mark1971 on July 6, 2012 at 8:46 AM

Unemployment up for blacks and Latinos. The Progressive ideology fails again, punishing our citizens. Enough is enough.

visions on July 6, 2012 at 8:46 AM

The Clown-in-Chief is driving around Ohio and Pennsylvania touting his “saving” the auto industry at what, about a 25-35 billion dollar loss to the American taxpayer. (Taxpayer being defined as those few of us who pay more into the system than we take out!) Has anybody reported what the real unemployment number is, i.e., counting those folks who have given up? Hell, at the rate the Dems are ruining this country, I might as well move to France and live in a socialist country that at least admits what it is.

maubman on July 6, 2012 at 8:47 AM

I guess these “analysts” all work for Bam.

More anal than ysts.

Sherman1864 on July 6, 2012 at 8:47 AM

visions on July 6, 2012 at 8:46 AM

doesn’t matter, they’re going to vote for the putz anyway

cmsinaz on July 6, 2012 at 8:47 AM

surprise, surprise, surprise…

Let’s hear..unexpected

theblacksheepwasright on July 6, 2012 at 8:48 AM

Got to be Bush’s fault, right?

AZCoyote on July 6, 2012 at 8:39 AM

Yes, partly.

rickv404 on July 6, 2012 at 8:48 AM

From the headlines thread Coming Friday: The biggest jobs report yet?

If the economy is found to have added 150,000 to 200,000 jobs last month, you may begin to hear talk about how President Obama is on a winning streak…

…A downside miss, however, would mean that hardly any jobs were created in June. That would very probably shift the conversation away from the relatively favorable news stories, like the Supreme Court’s ruling on health care, that Mr. Obama has had over the past few weeks.

Good gracious I hope so.

Flora Duh on July 6, 2012 at 8:48 AM

That Cloward-Piven plan is working out just fine.

ProfShadow on July 6, 2012 at 8:48 AM

Why do you continue to make excuses for poor performance don’t you want this country to succeed?

Skwor on July 6, 2012 at 8:43 AM

They don’t care what works, or how much misery they cause for everyone. All they care about is remaining in power.

PetecminMd on July 6, 2012 at 8:48 AM

Other random numbers pulled from the report, Twitter and CNBC:

- -1,000 – The net revisions to the April and May jobs reports.
- 10.9% – What the unemployment rate would be if the labor force participation rate were the same as when Obama took office.
- 11.9% – What the unemployment rate would be if the 6,520,000 (seasonally-adjusted) who want a job but are not counted as “unemployed” because they didn’t look for work in the 4 weeks prior to mid-June were counted as unemployed. Of note, that is higher than any point between the start of the track of that number in January 1994 and March 2009.
- 14.9% – U-6 unemployment (up from 14.8% in May).
- +84,000 – Private sector job gain in June.
- +0.3% – Average hourly earnings gain in June.

Steve Eggleston on July 6, 2012 at 8:49 AM

The Clown-in-Chief is driving around Ohio and Pennsylvania touting his “saving” the auto industry at what, about a 25-35 billion dollar loss to the American taxpayer. (Taxpayer being defined as those few of us who pay more into the system than we take out!) Has anybody reported what the real unemployment number is, i.e., counting those folks who have given up? Hell, at the rate the Dems are ruining this country, I might as well move to France and live in a socialist country that at least admits what it is.

maubman on July 6, 2012 at 8:47 AM

Can you take Cher with you? She was supposed to go when Bush was re-elected.

msupertas on July 6, 2012 at 8:50 AM

Heard that Canada is going to allow US vets to come in and work on “their” pipeline.

marinetbryant on July 6, 2012 at 8:50 AM

Cue conservative celebration and a sigh of relief.

libfreeordie on July 6, 2012 at 8:40 AM

That’s all you got, ain’t it?

Ohio unemployment is down because of Kasich, just like Walker in Wisconsin.

Barry has had nada to do with it. But he wants the credit.

All 0 had to do, was admit he we was wrong on his energy policy and not jam 0Care down our throats after Scott Brown won. Then, he would be coasting to re-election.

Instead, he wants a second term without acknowledging the screw-ups.

So until a reporter has the cajones to ask him “what his biggest regret/mistake was”, the Progs can blow “rooting against” out their arse.

budfox on July 6, 2012 at 8:50 AM

figured it would be a bit better this month than last month since gasoline continues to come down to close to $3.00/gal. the economic conditions are pretty easy to spot in advance if you simply look at gas prices. If the gas continues at this rate I would think the economy will meddle along with a slight increase into the fall. But if gas goes above $3.50/gal then the economy will once again do a hard stall. If gas continues to drop below $3.00/gal Obama will get some good economic news in sept and oct. It takes at least a month for the avg price of gas to be reflected in the economic indicators.

unseen on July 6, 2012 at 8:51 AM

Not a good or bad report politically.

Romney being a passenger on a jet ski looks worse, imo.

gumbyandpokey on July 6, 2012 at 8:51 AM

Joblessness among African-Americans jumped by 184,000 and the rate shot up from 13.6% to 14.4%, the highest it has been since December 2011.

Yet African-American support for Obama is over 85%. When will they finally get it?

BacaDog on July 6, 2012 at 8:52 AM

About as expected – we were not looking for much. But it is not significantly worse than May and April, and there is evidence that the Spring slowdown may be coming to an end. The first look at 2Q12 GDP will be out in a few weeks, and that will most likely be lower than the 1.9% we saw in the first quarter. We’ll be watching the indicators over the next 6 weeks to see if things are in fact beginning to pick up … Meanwhile, markets are taking it all more or less in stride. We’re staying bullish.

TouchdownBuddha on July 6, 2012 at 8:52 AM

Pre-market trading just fell off the cliff..

Electrongod on July 6, 2012 at 8:52 AM

Steve Eggleston on July 6, 2012 at 8:49 AM

YUCK

I was a baby during Carter’s term but I imagine it was a lot like this.

DOUBLE YUCK

gophergirl on July 6, 2012 at 8:53 AM

Why is it we continue to add fewer jobs than required to keep up with population growth but the unemployment number remains constant?
Skwor on July 6, 2012 at 8:41 AM

If you are out of a job for a certain length of time, you are automatically moved to “left the workforce” and not counted. It’s a cheesy metric.

MechanicalBill on July 6, 2012 at 8:53 AM

From the AP:

About one-third of the jobs gained in June were in temporary services.

Awesome.

BKeyser on July 6, 2012 at 8:53 AM

Joblessness among African-Americans jumped by 184,000 and the rate shot up from 13.6% to 14.4%, the highest it has been since December 2011.

Yet African-American support for Obama is over 85%. When will they finally get it?

BacaDog on July 6, 2012 at 8:52 AM

When the gravy train stops running, and not before.

Steve Eggleston on July 6, 2012 at 8:53 AM

Got to be Bush’s fault, right?

AZCoyote on July 6, 2012 at 8:39 AM

Yes, partly.

rickv404

Yes god forbid Barry wins another term so 4 years from now it will still be Bush’s fault which in reality-land translates to: Barry’s an idiot.

Zaggs on July 6, 2012 at 8:53 AM

The AP report offers this curious analysis:
A weaker job market has made consumers less confident. They have pulled back on spending, even though gas prices have plunged.
I think they have this backwards. Gas prices have dropped significantly because demand has fallen.

Retail numbers sucked yesterday – they are always an indicator of the jobs number.

gophergirl on July 6, 2012 at 8:54 AM

Now it’s time for OBama to “evolve” and declare…
…….”I never said “I” could produce jobs…..
……………..just give me 4 more years and I promise…super promise….to produce jobs…..it will be “recovery summer redux.”

Baxter Greene on July 6, 2012 at 8:54 AM

Cue conservative celebration and a sigh of relief.

libfreeordie on July 6, 2012 at 8:40 AM

No dice. It’s a lose/lose.

(those jobless for 27 weeks and over) was essentially unchanged at 5.4 million. These individuals accounted for 41.9 percent of the unemployed.

This is an economic and personal disaster, and it’s also probably good for Obama politically. Keep people very scared, or better, get them to give up altogether, and they are more likely to vote for the authoritarian central planner types.

forest on July 6, 2012 at 8:55 AM

Say it loud say it proud, worst economic recovery in 6 decades.

eyedoc on July 6, 2012 at 8:55 AM

Worst quarter in 2 years

*crickets*

cmsinaz on July 6, 2012 at 8:55 AM

Yet African-American support for Obama is over 85%. When will they finally get it?

BacaDog on July 6, 2012 at 8:52 AM

No sooner than they stop getting “it” every month in the mail.

Archivarix on July 6, 2012 at 8:55 AM

The AP report offers this curious analysis:

A weaker job market has made consumers less confident. They have pulled back on spending, even though gas prices have plunged.

I think they have this backwards. Gas prices have dropped significantly because demand has fallen.

They would have it backwards if they were talking about gas prices. While it is true that gas prices cratered because we aren’t demanding as much gas, it also is true that we’re not spending the difference on other things.

Steve Eggleston on July 6, 2012 at 8:56 AM

So that number yesterday was just a WEE bit off huh?

gophergirl on July 6, 2012 at 8:42 AM

Do you watch Squawk Box on CNBC? This morning they almost completely shut out Rick Santelli during their panel segment. That is starting to be a habit because Rick keeps telling them they don’t know what they’re talking about.

Also, they talked about the number yesterday but were befuddled at how it didn’t fit. I’m sitting here just blown away how they cannot make the connection between household reports and the underground economy.

Of course the employment rate is going up. People have to eat so they are creating service jobs for themselves. They just aren’t sharing the money with the government so the numbers that come out of the government are inaccurate.

If the unemployment rate is staying the same yet the traffic jams are increasing, it proves my theory that there is a grwoing underground economy. When we finally get this jugeared jackass out of the WH, it might be real difficult to get those people to come back in from the cold considering all the debt they are presently exempted from.

platypus on July 6, 2012 at 8:56 AM

Not a good or bad report politically.

Romney being a passenger on a jet ski looks worse, imo.

gumbyandpokey on July 6, 2012 at 8:51 AM

Bush 5% unemployment = OMG jobless recovery worst numbers evah

Obama 8.2% unemployment = meh.

Liberals just can’t find an honest bone in their body.

Skwor on July 6, 2012 at 8:56 AM

Recover Summer II: Electric Boogaloo

Good Lt on July 6, 2012 at 8:57 AM

Update: Worst quarter in 2 years

Say, does anybody remember what happened 2 years ago?

Steve Eggleston on July 6, 2012 at 8:57 AM

unseen on July 6, 2012 at 8:51 AM

funny i was just thinking that, as the price of regular gas in my town is aroun $2.85.

is anybody going to be surprised when the unemployment number drops below 8 percent just before the election?

renalin on July 6, 2012 at 8:57 AM

At least I was right on the survey, yesterday. :/

irishspy on July 6, 2012 at 8:57 AM

Why is it we continue to add fewer jobs than required to keep up with population growth but the unemployment number remains constant?

Skwor on July 6, 2012 at 8:41 AM

Because the labor force participation rate (i.e., the number of people actually working or looking for work) keeps shrinking, as more and more people give up looking for jobs that aren’t there.

AZCoyote on July 6, 2012 at 8:57 AM

keep voting democrat!

tom daschle concerned on July 6, 2012 at 8:58 AM

- 11.9% – What the unemployment rate would be if the 6,520,000 (seasonally-adjusted) who want a job but are not counted as “unemployed” because they didn’t look for work in the 4 weeks prior to mid-June were counted as unemployed. Of note, that is higher than any point between the start of the track of that number in January 1994 and March 2009.

That’s the stat I was looking for.

Those people were in a holding pattern. Caught in the bureaucracy on a few levels.

Changing tiers, new filings haven’t been cleared, working temp jobs that make enough to not qualify for unemployment, etc…

I know people like to point out U-6, but this is the real Obama number that can’t be run back to Bush.

This is the number they truly work at hiding, as it’s not a separate category, but a glitch in the system.

budfox on July 6, 2012 at 8:58 AM

Cue conservative celebration and a sigh of relief.

libfreeordie on July 6, 2012 at 8:40 AM

Go easy on the bath salts, k sweetie?

ICanSeeNovFromMyHouse on July 6, 2012 at 8:58 AM

Yet African-American support for Obama is over 85%. When will they finally get it?

BacaDog on July 6, 2012 at 8:52 AM

Don’t hold your breath. It’s not his fault, it’s Bush’s, or racism, or something…

Idfaciam on July 6, 2012 at 8:58 AM

Let’s see. 80,000 jobs divided by 50 states equals 1600 jobs per state. Since there are 92 counties in Indiana that means 17 new jobs in my county. Wreckovery indeed.

esr1951 on July 6, 2012 at 8:58 AM

Blame the weather…

Electrongod on July 6, 2012 at 8:58 AM

Obama SAVED us…
I think Obama economical genius is mainly due to his work as a welfare queens agitator in Chicago. His interaction with the most productive members of our society such as welfare queens gave him all the genius ideas on how to create jobs and make us more prosperous than ever… So let us praise and glorify Obama the economic genius of all times and also give great thanks to the welfare queens of Chicago who without them we would not be blessed with the Obama economic miracle…
Glory, Glory, Glory to Obama… and for the Shaniqwas of Chicago, thank you very much for your inspiration, without you we could not have Obama and we were not be saved…

mnjg on July 6, 2012 at 8:59 AM

Obama simply cannot comprehend the fact that his Marxist policies do not work.

rplat on July 6, 2012 at 8:59 AM

Why is it we continue to add fewer jobs than required to keep up with population growth but the unemployment number remains constant?

Skwor on July 6, 2012 at 8:41 AM

I think they quit counting people whose unemployment has run out as well.

Night Owl on July 6, 2012 at 8:59 AM

Cue conservative celebration and a sigh of relief.

libfreeordie on July 6, 2012 at 8:40 AM

Well, no, actually.

IF 0bama had lived up to his promises there would be rejoicing.

But the feckless and clueless, like yourself, only believe, not reason. Facts and logic and thinking are beyond you.

I feel sorry for you, libfreeordie. It must be hard to keep reality and your delusions separated in your head. You are to be pitied for your inabilities and emotionally stunted intellect.

Yeah, one hit, one line, wonders that try to deflect with illogic and Alinsky #5. Can’t defend. Can’t refute. Must deflect.

0bama owns this. The Dems own this. This failure. These lies. This inability to restore the greatness that we knew as the USA.

It is unfortunate that so many are like yourself in their mental deficiences, emotionally stunted thinking and other inabilities, libfreeordie.

ProfShadow on July 6, 2012 at 9:00 AM

At least we have free health care…

Electrongod on July 6, 2012 at 9:00 AM

Why is it we continue to add fewer jobs than required to keep up with population growth but the unemployment number remains constant?

Skwor on July 6, 2012 at 8:41 AM

Because people keep getting discouraged about not being able to find a job, so they stop looking for work. When you stop looking for work, the government no longer counts you as unemployed!

eyedoc on July 6, 2012 at 9:01 AM

“Bush 5% unemployment = OMG jobless recovery worst numbers evah

Obama 8.2% unemployment = meh.

Liberals just can’t find an honest bone in their body.”

It is what it is.

Obama’s “likability” probably gets him over the finish line. And a terrible GOP candidate who would rather jet ski than campaign is helping Barack a lot.

gumbyandpokey on July 6, 2012 at 9:01 AM

All that summer hiring is amazing. Think about how many kids use to get on the books summer jobs in your town and add them up around the country….80,000 seems small eh! O bummer summer!

tim c on July 6, 2012 at 9:01 AM

Chuck Todd is shell-shocked. :-)

Punchenko on July 6, 2012 at 9:01 AM

“Bush 5% unemployment = OMG jobless recovery worst numbers evah

Obama 8.2% unemployment = meh.

gumbyandpokey on July 6, 2012 at 9:01 AM

THIS

cmsinaz on July 6, 2012 at 9:01 AM

OBAMA-NATION!!

We’re all living in it.

We’re all being taxed in it.

And on November 6th let’s start to get out of it.

PappyD61 on July 6, 2012 at 9:02 AM

Punchenko on July 6, 2012 at 9:01 AM

trying to spin it though ain’t he

cmsinaz on July 6, 2012 at 9:02 AM

Betting on America

Buck_Nekkid on July 6, 2012 at 9:02 AM

At least we have free health care…

Electrongod on July 6, 2012 at 9:00 AM

Yeah, plus Obama stopped the seas from rising so we won’t all be wiped out by a giant tidal wave.

eyedoc on July 6, 2012 at 9:02 AM

Why did the Ramones’ song I Want to Be Sedated start going through my mind? Oh yeah waiting for the inevitable spin on a sucky economy

txmomof6 on July 6, 2012 at 9:02 AM

Cue conservative celebration and a sigh of relief.

libfreeordie on July 6, 2012 at 8:40 AM

Cue Pprofessor of Moron Studies attempts to deflect from fail.

MNHawk on July 6, 2012 at 9:03 AM

chuck todd, focusing on mitt instead of job numbers…

bash away there putz

cmsinaz on July 6, 2012 at 9:03 AM

A long, hot recovery bummer burns on. Romney 2012

Philly on July 6, 2012 at 9:03 AM

Cue conservative celebration and a sigh of relief.

libfreeordie on July 6, 2012 at 8:40 AM

Just repeat to yourself that you love being a slave to the state and that things will be okay. And you’ll get thru it.

lorien1973 on July 6, 2012 at 9:03 AM

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