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Unemployment Rate Down To 6.1%...


smitty

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Over 200,000 new jobs were net created.  WOW!  Sounds impressive, right?  Well not so fast.  The Wizard looked impressive until the curtain was moved.

Now, so facts:  The civilian workforce participation rate is at a 36 year low of 62.8%.  500,000 "full time" jobs were actually lost.  Over 700,000 jobs were actually created.  BUT -- those created were PART TIME jobs.  Remember when it was said that obamacare would be a reason for the creation of part time jobs and obama and the left laughed?  Well, it looks like it's happening!

 

http://hotair.com/archives/2014/07/03/june-jobs-report-288000-jobs-created-jobless-rate-drops-to-6-1/

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Over 200,000 new jobs were net created.  WOW!  Sounds impressive, right?  Well not so fast.  The Wizard looked impressive until the curtain was moved.

Now, so facts:  The civilian workforce participation rate is at a 36 year low of 62.8%500,000 "full time" jobs were actually lost.  Over 700,000 jobs were actually created.  BUT -- those created were PART TIME jobs.  Remember when it was said that obamacare would be a reason for the creation of part time jobs and obama and the left laughed?  Well, it looks like it's happening!

 

http://hotair.com/archives/2014/07/03/june-jobs-report-288000-jobs-created-jobless-rate-drops-to-6-1/

That is the real issue at hand.  Less than 2/3'rds of the available workforce actually have a job.  This equates to approximately 100 million people without a job!!!  Not saying that the rate was good in the previous 8 years, or during Clinton either, but it is going the WRONG way!!!  Could this be a result of the POLICIES that have been put in place???

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