Economy Adds 209,000 Jobs In July
In this June 23, 2014 photo, job seekers wait in line to meet with recruiters during a job fair in Philadelphia.(Photo: Matt Rourke, AP)
Job growth continues, although July numbers were a bit below expectations. The unemployment rate went from 6.1 to 6.2 percent, which economists view as more people looking for work, a good sign. It’s estimated that 329,000 Americans have reentered the labor force.
Although July’s gains fell short of estimates and average monthly job growth of nearly 230,000 so far this year, it marked the sixth straight month of 200,000-plus employment increases — the longest such stretch since 1997.
Businesses added 198,000 jobs, led by professional and business services, manufacturing, retail and construction. Federal, state and local governments added 11,000.
Job gains for May and June were revised up by a total 15,000. May’s was revised to 229,000 from 224,000 and June’s to 298,000 from 288,000.
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32 responses to Economy Adds 209,000 Jobs In July
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NW10 August 1st, 2014 at 10:24
OMG, when will the tyranny end!
(((NW10,PATRIOT! ✓ᵛᵉʳᶦᶠᶦᵉᵈ))) August 1st, 2014 at 10:24
OMG, when will the tyranny end!
Always Right August 1st, 2014 at 10:51
Not so fast. Ben Crystal has already figured out how the spin will go. The workforce participation rate is at 62.8%, which is the lowest since 1978. I’m a grown up, please Mr. Government tell us the real truth.
“The Democrats tout economic progress by crowing about new additions to the workforce; all the while gingerly sidestepping the fact that Obama’s economic plans have convinced a record mass of nearly 100 million Americans to abandon all hope and change. They try to filter their amnesty for illegal aliens through the prism of “doing it for the children,” ignoring the hordes of MS13, Zeta and other narcoterrorists brazenly strutting across the border; probably in search of better weapons prices than Attorney General Holder can offer. They cloak their support for Islamofascist terrorism in the guise of “humanitarian” support; but refuse to acknowledge that groups like Hamas take their (OUR tax-funded) largesse and use it to buy artillery which they then set up in schools, using their own children as human shields.
And of course, they forced Obamacare on an unwilling nation; despite it constituting what my colleague Wayne Root accurately described as “..the first-ever trillion dollar scam.” They’re liars. They’re damned liars. And the statistics to prove it.”
R.J. Carter August 1st, 2014 at 10:56
Every employed individual counts — but how you count the employed individuals matters even more.
Always Right August 1st, 2014 at 11:21
True. the BLS shows those who are marginally attached and those who are working part-time, but want full time work and can’t find it.
OldLefty August 1st, 2014 at 20:42
Many are retired.
Plus, unlike Bush and Reagan, the public sector has shed jobs.
Obewon August 1st, 2014 at 14:09
Just 61% in the USA are work age 18 to 65, including record numbers of students in college today graduating at ages 24 to 28 with Ph.D’s.
Always Right August 1st, 2014 at 20:12
According to the BLS, the actual number of Americans, ages 25 to 29, not participating in the labor force hit a record high in April 2014 as well, with 4,280,000 not working.
When Barack Obama took office as president in January 2009, the number of Americans 25 to 29 not in the labor force was 3,769,000. Since then, that number has gone up by 511,000, an increase of 13.6%.
Those classified as not in the labor force means that they are included in the civilian non-institutional population but did not have a job, and they did not actively seek one in the last four weeks.
Obewon August 1st, 2014 at 20:27
Thanks for admitting just 61% are working age, baby boomers are retiring and GWB’s 12/07 to 6/09 Great Recession left record low everything since (R) Hoover’s Great Depression free market failures.
Here’s what BLS actually reports: Data extracted on: August 1, 2014 Labor Force Statistics from the Current Population Survey
Series Id: LNS14, 000,000 Seasonally Adjusted
Series title: (Seas) Unemployment Rate | Labor force status: Unemployment rate Age: 16 years and over = 6.2% http://data.bls.gov/timeseries/LNS14000000
OldLefty August 1st, 2014 at 20:35
According to the BLS, the actual number of Americans, a..
_________________________
Of course;
Baby Boomers’ Impact on Participation Rate Big, Expected
http://www.usnews.com/news/articles/2014/07/17/baby-boomers-are-a-big-part-of-labor-participation-rate-decline
Always Right August 1st, 2014 at 10:51
Not so fast. Ben Crystal has already figured out how the spin will go. The workforce participation rate is at 62.8%, which is the lowest since 1978. I’m a grown up, please Mr. Government tell us the real truth.
“The Democrats tout economic progress by crowing about new additions to the workforce; all the while gingerly sidestepping the fact that Obama’s economic plans have convinced a record mass of nearly 100 million Americans to abandon all hope and change. They try to filter their amnesty for illegal aliens through the prism of “doing it for the children,” ignoring the hordes of MS13, Zeta and other narcoterrorists brazenly strutting across the border; probably in search of better weapons prices than Attorney General Holder can offer. They cloak their support for Islamofascist terrorism in the guise of “humanitarian” support; but refuse to acknowledge that groups like Hamas take their (OUR tax-funded) largesse and use it to buy artillery which they then set up in schools, using their own children as human shields.
And of course, they forced Obamacare on an unwilling nation; despite it constituting what my colleague Wayne Root accurately described as “..the first-ever trillion dollar scam.” They’re liars. They’re damned liars. And the statistics to prove it.”
R.J. Carter August 1st, 2014 at 10:56
Every employed individual counts — but how you count the employed individuals matters even more.
Always Right August 1st, 2014 at 11:21
True. the BLS shows those who are marginally attached and those who are working part-time, but want full time work and can’t find it.
OldLefty August 1st, 2014 at 20:42
Many are retired.
Plus, unlike Bush and Reagan, the public sector has shed jobs.
Obewon August 1st, 2014 at 14:09
Just 61% in the USA are working age 18 to 65, including record numbers of students in college today graduating at ages 24 to 28 with Ph.D’s.
Always Right August 1st, 2014 at 20:12
According to the BLS, the actual number of Americans, ages 25 to 29, not participating in the labor force hit a record high in April 2014 as well, with 4,280,000 not working.
When Barack Obama took office as president in January 2009, the number of Americans 25 to 29 not in the labor force was 3,769,000. Since then, that number has gone up by 511,000, an increase of 13.6%.
Those classified as not in the labor force means that they are included in the civilian non-institutional population but did not have a job, and they did not actively seek one in the last four weeks.
Obewon August 1st, 2014 at 20:27
Thanks for admitting just 61% are working age, baby boomers are retiring and GWB’s 12/07 to 6/09 Great Recession left record low everything since (R) Hoover’s Great Depression free market failures.
Here’s what BLS actually reports: Data extracted on: August 1, 2014 Labor Force Statistics from the Current Population Survey
Series Id: LNS14,000,000 Seasonally Adjusted Series title: (Seas) Unemployment Rate | Labor force status: Unemployment rate Age: 16 years and over = 6.2% http://data.bls.gov/timeseries/LNS14000000
OldLefty August 1st, 2014 at 20:35
According to the BLS, the actual number of Americans, a..
_________________________
Of course;
Baby Boomers’ Impact on Participation Rate Big, Expected
http://www.usnews.com/news/articles/2014/07/17/baby-boomers-are-a-big-part-of-labor-participation-rate-decline
Obewon August 1st, 2014 at 14:01
+500,000 Jobs created in two months vs GWB’s 1.08 M private jobs created during all 8 years! The 6th straight month of 200,000-plus employment increases — the longest such stretch since 1997. August ties the record of 54 consecutive months of private jobs growth. https://www.flickr.com/photos/speakerpelosi/13630053153/in/photostream/ <-BLS December 2007 to March, 2014.
Obewon August 1st, 2014 at 14:01
+500,000 Jobs created in two months vs GWB’s 1.08 M private jobs created during all 8 years! The 6th straight month of 200,000-plus employment increases — the longest such stretch since 1997. August, 2014 will tie the record of 54 consecutive months of private jobs growth. BLS December 2007 to March, 2014-> https://www.flickr.com/photos/speakerpelosi/13630053153/in/photostream/
Red Eye Robot August 1st, 2014 at 15:23
As the Ranks of the part time worker swell. The real unemployment rate remains 18%
Obewon August 1st, 2014 at 20:49
Lol. Reagan’s “real unemployment rate” was what? 36% to 58%+?
July, 2014 U-6 = 12.2%-“U-6 Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force” http://www.bls.gov/news.release/empsit.t15.htm
Red Eye Robot August 1st, 2014 at 21:52
If you say so but I’d stack Reagan’s jobs numbers against Obama’s any day of the week. Workforce participation under Reagan went from 63.9% to 66.5% under Obama it went from 65.8% to 62.9% http://data.bls.gov/pdq/SurveyOutputServlet and we dare not talk about the fact that june’s 300,000 jobs created included a reduction of 523,000 full time jobs and an increase of 799,000 part time jobs.
Obewon August 1st, 2014 at 22:17
Lol! Ya know Reagan tripled ND (+189%) creating just 14.1 M Private Jobs, right? In 54 months the Obama Admin created 10 M+ jobs via a measly $500 B jobs stimulus amid record obstructionism by “Juvenile Delinquents”-Old Lefty nailed it as always:) And 10 M+ , does not include the 4 M+ Jobs to dig us out of the -812,000 January, 2009 jobs lost, etc -Just to get us back to positive jobs creation by Feb, 2010!
Ahem: Mr. G.W. Bush’s (red) first term was very sluggish, and private employment was down (loosing) -841,000 jobs at the end of his first term. At the end of Mr. Bush’s second term, private employment was collapsing, and there were net 462,000 private sector jobs lost during Mr. Bush’s two terms. http://www.calculatedriskblog.com/2014/04/public-and-private-sector-payroll-jobs.html
Red Eye Robot August 5th, 2014 at 22:26
Man! that would be a great story… If it were true! If Obama created all these jobs why are there nearly 12,000,000 fewer people in the workforce? Why are 13,000,000 more American families living below the poverty.line? Why are 47,000,000+ Americans receiving food stamps? Since 2009, the number of people on food stamps went from 33,489,975. to 47,636,084 Maybe you were using that common core math
Obewon August 5th, 2014 at 23:00
Notice how I linked facts above & below citing actual sources versus your ignorance of GWB’s 12/07-6/09 Great Recession left record low everything since (R) Hoover’s Great Depression.
Red Eye Robot August 1st, 2014 at 15:23
As the Ranks of the part time worker swell. The real unemployment rate remains 18%
Obewon August 1st, 2014 at 20:49
Lol. Reagan’s “real unemployment rate” was what? 36% to 58%+?
July, 2014 U-6 = 12.2%-“U-6 Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force” http://www.bls.gov/news.release/empsit.t15.htm
Red Eye Robot August 1st, 2014 at 21:52
If you say so but I’d stack Reagan’s jobs numbers against Obama’s any day of the week. Workforce participation under Reagan went from 63.9% to 66.5% under Obama it went from 65.8% to 62.9% http://data.bls.gov/pdq/SurveyOutputServlet and we dare not talk about the fact that june’s 300,000 jobs created included a reduction of 523,000 full time jobs and an increase of 799,000 part time jobs.
Obewon August 1st, 2014 at 22:17
Lol! Ya know Reagan tripled ND (+189%) creating just 14.1 M Private Jobs, right? In 54 months the Obama Admin created 10 M+ jobs via a measly $500 B jobs stimulus amid record obstructionism by “Juvenile Delinquents”-Old Lefty nailed it as always:) And 10 M+, does not include the 4 M+ Jobs to dig us out of the -812,000 January, 2009 jobs lost, etc -Just to get us back to positive jobs creation by Feb, 2010!
Ahem: Mr. G.W. Bush’s (red) first term was very sluggish, and private employment was down (loosing) -841,000 jobs at the end of his first term. At the end of Mr. Bush’s second term, private employment was collapsing, and there were net 462,000 private sector jobs lost during Mr. Bush’s two terms. http://www.calculatedriskblog.com/2014/04/public-and-private-sector-payroll-jobs.html
Red Eye Robot August 5th, 2014 at 22:26
Man! that would be a great story… If it were true! If Obama created all these jobs why are there nearly 12,000,000 fewer people in the workforce? Why are 13,000,000 more American families living below the poverty.line? Why are 47,000,000+ Americans receiving food stamps? Since 2009, the number of people on food stamps went from 33,489,975. to 47,636,084 Maybe you were using that common core math
Obewon August 5th, 2014 at 23:00
Notice how I linked “true!” graphed facts above & below citing actual sources? Versus your (feigned?) ignorance of GWB’s 12/07-6/09 Great Recession leaving record low everything since (R) Hoover’s Great Depression.
The Obama 10 M+ private jobs creation record over 53 consecutive months in July 2014 tied the 200,000+ jobs for each of 6 months not achieved since 1997, and will create a new 55 month consecutive private jobs growth record in September, 2014:) Have fun with finger in your eye radio then!