Saturday, August 4, 2012
New job growth numbers
The July numbers came out and the US added 163,000 jobs in July. 172,000 private sector jobs were added but there was a loss of 9,000 public sector jobs. Unemployment rose from 8.217% to 8.254% but was rounded up to 8.3%. Romney and the regressives are seeing this as more evidence that the economy stalled. What they don't tell you is that 4.5 million have been created over the last 29 months, and 1.1 million this year so far. Granted this is not great, but consider that the regressives have opposed and blocked nearly every single jobs bill Obama or the progressives have proposed. That the numbers are as good as they are, given that obstruction, is simply astounding.