Today's job numbers are actually bad [View All]

[jeter]

The economy needs to create at least 170,000 jobs every month just to keep up with expanding population and work force.

We only created 126,000 jobs this month. I know, considering Bush's horrible job creation record this is golden for him. But in reality it's not.

That's why the unemployment number didn't change very much. I guess this will be spun. And many here on DU will sense doom and gloom and predict another Bush term. But 126,000 jobs is moderate at best. Pathetic at worse, if you consider that the economy grew by 7.2% and only created this many jobs.

I smell bad times ahead. The last time we were doing this "good" we went into recession (january 2001).