Sunday, September 19, 2021
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Black Friday Jobs Report

Devastating: Prior job reports revised downward. Job creation in May craters. Unemployment rises to 8.2%. Markets swoon . . . Germany’s Dax off over 3%.

WASHINGTON (AP) — The U.S. economy suddenly looks a lot weaker. U.S. employers created only 69,000 jobs in May, the fewest in a year, and the unemployment rate ticked up. The dismal jobs data will fan fears that the economy is sputtering. It could also damage President Barack Obama’s re-election prospects. And it could lead the Federal Reserve to take further steps to help the economy.

Ummm, Mr. Bernanke, please don’t help us. You’ve done quite enough.

That banging sound, Mr. Obama? That’s the sound of coffin nails sealing your electoral fate.

texasgalt
Texas native. Conservative small businessman with 31 years experience. Government should roll back the nanny state. No country can tax its way to prosperity. The question isn't who will let me but who will stop me?

11 COMMENTS

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11 COMMENTS

  1. Even when forced to report the grim news, AP can’t help but be dishonest with this “suddenly” crap.  It was reported recently that the figure was expected to be 150,000, which, even if THAT figure was achieved would be a diaster because we have been made aware that it takes 250,000 just to keep our heads above water. So if they “expected” the figure to be 150,000, then they knew it was in the tank , which it has been for the entire Obama presidency. This “suddenly” and “unexpectedly” garbage is nothing more than the continual effort by the lying press to prop up the disaster that is the Obama Administration.
    The shame is that the false “hope” created by the lying press influences the decisions of not only the small business guy who isn’t conversant with the national figures, but also the job-seeker who may be holding out for something above minimum wage, or eagerly interviewing for a position with a “green” energy company that’s actually not going to turn into a career.  It is malicious.

    • Obama has tried the same path that Spain took after the train bombing… massive govt spending and green energy socialism.  Officially, we not yet matched Spain’s 24.5% unemployment.  Give Obama another 4 years and we too can be Spain.

  2. Obama will never accept any responsibility for his actions or the results of his decisions.
    Plague could be running rampant and he would still find time to blame Bush.

    I’d say the real unemployment rate is around 17+% nationally.
    Those who have moved onto the disabled lists might be increased 5%

    Thanks to the delta smelt, unemployment is around 50% +/- in the Central Valley.

  3. Here’s more:
    https://www.cnbc.com/id/47674033.  Why, it’s….surprising….says Reuters.  Manufacturing is off for the third month in a row and it’s just doggone….surprising.  AP, UPI, Reuters, all the major networks – they’ve been “surprised” and “amazed” and befuddled by the bad economic news that comes out month after month, year after year during the O administration.

  1. Even when forced to report the grim news, AP can’t help but be dishonest with this “suddenly” crap.  It was reported recently that the figure was expected to be 150,000, which, even if THAT figure was achieved would be a diaster because we have been made aware that it takes 250,000 just to keep our heads above water. So if they “expected” the figure to be 150,000, then they knew it was in the tank , which it has been for the entire Obama presidency. This “suddenly” and “unexpectedly” garbage is nothing more than the continual effort by the lying press to prop up the disaster that is the Obama Administration.
    The shame is that the false “hope” created by the lying press influences the decisions of not only the small business guy who isn’t conversant with the national figures, but also the job-seeker who may be holding out for something above minimum wage, or eagerly interviewing for a position with a “green” energy company that’s actually not going to turn into a career.  It is malicious.

    • Obama has tried the same path that Spain took after the train bombing… massive govt spending and green energy socialism.  Officially, we not yet matched Spain’s 24.5% unemployment.  Give Obama another 4 years and we too can be Spain.

  2. Obama will never accept any responsibility for his actions or the results of his decisions.
    Plague could be running rampant and he would still find time to blame Bush.

    I’d say the real unemployment rate is around 17+% nationally.
    Those who have moved onto the disabled lists might be increased 5%

    Thanks to the delta smelt, unemployment is around 50% +/- in the Central Valley.

  3. Here’s more:
    https://www.cnbc.com/id/47674033.  Why, it’s….surprising….says Reuters.  Manufacturing is off for the third month in a row and it’s just doggone….surprising.  AP, UPI, Reuters, all the major networks – they’ve been “surprised” and “amazed” and befuddled by the bad economic news that comes out month after month, year after year during the O administration.

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