Saturday, August 3, 2013

Stinking Jobs Report: 11.5 Million Still Unemployed, Part-time Jobs 77% of Jobs Created in 2013

08/03/13

According to the Bureau of Labor Statistics, July nonfarm payrolls (NFP) rose 162,000. Expectations were for 185,000 – a big swing and a miss.

Junes’s NFP was revised lower to 188,000.

The unemployment rate fell from 7.5% to 7.4%. The rate dropped because the civilian labor force declined by 37,000 … from 155,835 to 155,798.



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