175,000 jobs added!
Then look at the jobs...
Occupations paying below-average
wages accounted for more than half of last month’s U.S. payroll
increase, a dynamic that may restrain consumer spending and the
Retailers, the hospitality industry and temporary-help
agencies accounted for 96,300, or 55 percent, of 175,000 jobs
added in May, figures from the Labor Department showed today in
“It’s not just jobs, it’s the kinds of jobs we’re
creating,” said Diane Swonk, chief economist at Chicago-based
Mesirow Financial Inc.
“We need to see more broad-based and
even growth in the economy to see better jobs return. We’re
still relying too much on the part-time and contingent
ObozoCare had a great deal to do with that. Temp agencies are growing like topsy because "real" employers are looking at 1/1/14 and avoiding hiring health-insurance liabilities. Retailers don't really care; their health-insurance plans are generally crapola anyway.
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