U.S. economy gained 117,000 jobs in July

[marmar]

WASHINGTON (MarketWatch) - The U.S. economy added 117,000 jobs in July and an even larger 154,000 in the private sector while the unemployment rate fell to 9.1% from 9.2%, partly because 193,000 people dropped out of the labor force, according to the latest government data. Job gains in May and June were also revised up by a combined 56,000, the Labor Department reported Friday. Average hourly wages rose 10 cents, or 0.4%, to $23.13. The workweek was unchanged at 34.3 hours. Economists surveyed by MarketWatch had projected a 75,000 increase in jobs in July, with the unemployment rate holding steady at 9.2%. Average hourly wages were expected to rise 0.2%.


http://www.marketwatch.com/story/us-economy-gained-117000-jobs-in-july-2011-08-05

[xchrom]

1. Recommend

[lonestarnot]

2. Pugs can't have that now can they. What will be their next move to sabatage that growth?

[scheming daemons]

3. may and june revised upward by 56000 as well

Good numbers

[jpak]

4. So before the fucking Teabaggers fucked us, the economy picked up from June

dumbasses

yup

[Proud Public Servant]

5. And yesterday the perz was widely quoted

saying "the President does not create jobs." Talk about bad timing...

[jschurchin]

6. Just in time.

Thank god, Wall Street will climb 400 points today cause all is fixed. WoooooHooooo!!!!

[jeff47]

7. Not good news.

It's widely accepted that we need about 125,000 jobs/month to keep up with population growth. (Most estimates are between 90,000 and 150,000).

So this report says we're treading water. It's better than only 50,000 jobs. But it's also not improving the unemployment situation.

[Kurmudgeon]

8. Baby steps, jeff47, baby steps,. It's a heck of a hole that Bush dug.

[jeff47]

9. Bush dug it, we started filling it in, and then the started digging again with the debt deal. (nt)

[uponit7771]

10. Yeap, ignore congress...

[jeff47]

11. Perhaps you could point out where I'm blaming someone?

'cause I did not explicitly call out anyone to blame on it.