Saturday, 7 July 2012

4 Years of Disappointing Jobs Reports

Jim Geraghty, National Review
Kids, you may not believe this, but there was a time in America when we didn't all spend the first Friday of the month watching CNBC and groaning at the latest Bureau of Labor Statistics report on unemployment.Yes, today's jobs report was a disappointment. Almost all of them for the past four years have been disappointing (yes, the economy started losing jobs in February 2008). The single best one was May 2010, when 516,000 jobs were created. The next-best month in that span was this January, with 275,000 jobs created. Only 10 of the past 48 months have seen 200,000 or more jobs...

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