News Jul 5, 2013 at 8:22 am

195,000 Jobs Added in June, as US Remains Not Europe

Goldy
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1
Via Atrios:

A recovery isn't supposed to be this way. Even relatively good news, like this months jobs report, just isn't good enough news. There were an average of 236K new jobs per month during the Clinton presidency. When coming out of a recession, good news really needs to be great news. Sure if you told me we'd average 195K new jobs for the next 3 years or so I'd take it, but it just isn't that good.
Geocrackr on July 5, 2013 at 8:33 AM Report this
2
@1 Yup. But at least inflation remains low, and that's all that matters!
Goldy on July 5, 2013 at 8:38 AM Report this
3
@1 is right. stop celebrating low failure as success. the normal unemployment rate should be like four percent, this is almost DOUBLE STILL a massive tragedy for middle class and the poor. so yes, America is D- while Europe is E - - - but still, America in the 2010's remains "not America 1945-1981" when democrats actually gave a shit about working people and the middle class. Now they preside over diminution of our futures with hardly a peep of protest. did I hear Obama blasting the GOP for the continued semi austerity we're locked into? did he demand WPA jobs to bring the unemployment rate down NOW by a couple of points? good god, we have fucking thorn bushes all over seattle public land, we have crumbling bridges, schools need rehabbing, the average HOME needs a good dose of insulation and fix up for energy conservation, and we are barely holding onto a fuckin 1.8 growth rate which is just treading water, well in fact, middle class incomes and wealth are going down and now we're like 27th or something in terms of middle class wealth. this is fucking pitiful. and al democrats have to offer is "well at least we're not cruel like david Cameron tories and we're not the ones putting in abortion bans, and oh we welcome latino votes, woo hoo!"

suddenly we're accepting smaller futures. in the state it's like woohoo we got a billion into education, oh wait, it's really just 650 million and we didn't do jack shit about our crumbling roads, bridges and silly lack of transit. hello, we are on the path of argentina, a once mighty middle class seeing decline for decades to come.....
on July 5, 2013 at 8:57 AM Report this
4
"the kind of jobs people resort to when better paying ones aren't available."

.....or the kinds of jobs some people only have the skills for. Not everyone can afford to be an unpaid intern at The Stranger after all.

"But at least inflation remains low, and that's all that matters"

How did high inflation work out for your people the last time Goldensteinemberg?
on July 5, 2013 at 8:57 AM Report this
5
Meanwhile, average wages are declining at an alarming rate. It will take one or two more recessions followed by "recoveries" like the one we're in now before we all become peasants.
john t on July 5, 2013 at 9:01 AM Report this
6
And inflation might be low according to the official estimate, but the cost of living, as experienced by real people, keeps going up a lot faster than the published inflation rate. And nobody's getting raises.
john t on July 5, 2013 at 9:10 AM Report this
7
The numbers tend to rise in the summer---more temps needed to cover permanents who take vacation.

@5, what you said--following up on the lowered avg wages, how many of these jobs are part time? temp positions? How many of them could be considered good paying jobs?
neo-realist on July 5, 2013 at 9:14 AM Report this
8
And if Romney had been elected?
You can fill in the blank yourselves, especially when you consider the train-wreck Obamacare is turning into.
raindrop on July 5, 2013 at 10:04 AM Report this
9
I think the real point here is that the left was absolutely hounded to cave on the right's desire for austerity measures- but held to some degree. Now we are seeing that while our own recovery is slow, insufficient and destructive, we are miles ahead of the European model of unrestrained austerity. That model is what the right wanted-thankfully we didn't buy the Chicago School of Economics bill of goods.

Essentially, the question is: would you rather have 195,000 new low wage jobs, or no jobs? The real trick is to not be satisfied, and to continue working to create what we really want- universal employment that makes maximum utilization of human capitol
Chris Jury on July 5, 2013 at 10:09 AM Report this
10
@8 Things would be worse.
Machiavelli was framed on July 5, 2013 at 10:40 AM Report this
11
People should read this as well. Those 195k Jobs are part-time only.

http://www.zerohedge.com/news/2013-07-05…
on July 5, 2013 at 11:01 AM Report this
12
Great jobs report given that the Repubs have done absolutely nothing to create jobs. All they've done is vainly try to repeal the healthcare law, pass an anti-abortion bill which won't see the light of day in the Senate, and block President Obama's job proposals. They're useless. Thank God Romney is back to living in 5 houses and not in the White House.
Patricia Kayden on July 5, 2013 at 2:54 PM Report this
16
a fast food restaurant going from 30 employees at 40 hours a week to 40 employees at 30 hours a week in order to conform with obamacare isn't much of an improvement
errhead on July 7, 2013 at 2:27 AM Report this

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