No Quagmire Here!

File Under: Print this out and make enough copies for all of your liberal friends.

From Jayson at PoliPundit:

The Labor Department just released its latest report on the nation’s job markets. As a preliminary matter, the following stats will help put them into perspective:

June 1997

10.4 = unemployment rate among blacks.
7.6 = unemployment among latinos.
5.0 = overall unemployment rate.
$424.03 = average weekly earnings by factory-line workers and non-managers in the services sectors.

Then there’s this:

June 2005

10.3 = unemployment rate among blacks.
5.8 = unemployment among latinos.
5.0 = overall unemployment rate.
$541.22 = average weekly earnings by factory-line workers and non-managers in the services sectors.

The U.S. economy created 146,000 W-2 jobs in June. This year’s net W-2 job gain now amounts to 1,088,000 – or just over 181,000 per month.

Payroll gains in June included new jobs in the following labor sectors and sub-sectors: Commercial banking, legal services, architecture and engineering, accounting and bookkeeping, computer systems, business management and managerial consulting, real estate, and health care services.

But, the MSM still puts their spin on this good news. The Headline at the Washington Post is, get this,…

Job growth tepid, jobless rate drops

Comments

As a privately owned web site, we reserve the right to edit or remove comments that contain spam, advertising, vulgarity, threats of violence, racism, anti-Semitism, or personal/abusive attacks on other users. The same applies to trolling, the use of multiple aliases, or just generally being a jerk. Enforcement of this policy is at the sole discretion of the site administrators and repeat offenders may be blocked or permanently banned without warning