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Dow hits historic 17,000 high as
U.S. jobs numbers skyrocket

Boston Herald, by Jordan Graham

Original Article

Posted By:JoniTx, 7/3/2014 11:21:04 AM

The United States added a stunning 288,000 jobs last month, sending the unemployment rate down to 6.1 percent and the Dow Jones Industrial Average shooting over 17,000 for the first time. June’s job numbers marked the fifth straight month of job gains over 200,000, the best stretch since the 1990s tech boom. A Bloomberg survey of economists expected an increase of 215,000 jobs in June. The unemployment rate dropped .2 percent to 6.1, the lowest since September 2008. May’s job report was also revised upward, showing 224,000 jobs added. The numbers follow strong reports for the Bay State last month, with

      


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Reply 1 - Posted by: IowaDad, 7/3/2014 11:27:31 AM     (No. 9909682)

288,000 ain´t stunning. It´s level-pegging with the increase in population.

What would be stunning would be an increase in proportion of adults who actually work.

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Reply 2 - Posted by: GringoinQuito, 7/3/2014 11:28:00 AM     (No. 9909685)

They are really deluding themselves. I heard today on Fox that the real rate is a little over 12%.I believe a crash is coming.

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Reply 3 - Posted by: bmoc, 7/3/2014 11:33:28 AM     (No. 9909697)

I keep hearing about all of the "new jobs" being created. I know a lot of unemployed people who are on active search for a meaningful job. None of them are finding anything that doesn´t require using a mop and broom.

I realize that this is the new normal under the traitorous communist infiltrates in the White House but ask yourself, "Do I know anyone who has gotten a real job in the past year?"

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Reply 4 - Posted by: horacer, 7/3/2014 11:34:07 AM     (No. 9909698)

If they told what was really in the jobs report you´d feel sick. We lost 500,000 full time jobs last month. Lost 500,000. We gained 780,000 part time jobs. The biggest increase in part time jobs in more than 20 years. How is this a good jobs report? I´m sure when the final numbers are crunched it will turn out there were fewer total hours worked last month. The number of people not in the workforce rose to another record. We´re becoming a part time, low wage economy and that´s not good.

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Reply 5 - Posted by: zzzghy, 7/3/2014 11:35:36 AM     (No. 9909702)

Historic. Skyrocket. Stunning. Shooting.

Baloney.

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Reply 6 - Posted by: grace1798, 7/3/2014 11:36:06 AM     (No. 9909703)

WOW.......and that somehow fixes the millions out of work from jobs DESTROYED, and REMOVED by Obama?????????? What? Do you think people are that idiotic that they cannot figure out the numbers?

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Reply 7 - Posted by: Megrits, 7/3/2014 11:40:19 AM     (No. 9909711)

I remember when GWB was creating close to a half million per month. Of course, such news was met with "the sky is falling" type comments. No doubt this will be all we hear, anything to distract from the fact that are being invaded, per the Marxist In Chief´s orders.


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Reply 8 - Posted by: NorthernDog, 7/3/2014 11:42:08 AM     (No. 9909713)

Lots of new life guards, babysitters, and summer resort employees. In Sept. the suddenly-reduced workforce will be ´unexpected´.

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Reply 9 - Posted by: Mobyclik, 7/3/2014 11:43:01 AM     (No. 9909716)

Does ANYONE believe the liars in this mal-Administration?

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Reply 10 - Posted by: Whamdbambam, 7/3/2014 11:44:45 AM     (No. 9909719)

Gee, government numbers, what´s not to trust?

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Reply 11 - Posted by: Illinois Mom, 7/3/2014 11:49:24 AM     (No. 9909736)

Are these jobs the ones that the kids pick up when school gets out....in JUNE?

Towns and villages in our area hire large numbers of young people for Life Guards, camp counselors, Summer grass cutting and maintenance.

Companies that have seasonal work may hire house painters, lawn care helpers, and short term help at stores and fast food places to cover vacations etc.

Jobs? Yes...technically, but NOT the kind that will turn this Titanic around before we hit the big iceberg.



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Reply 12 - Posted by: lylacat, 7/3/2014 12:11:57 PM     (No. 9909788)

Is anyone really that stupid to believe these numbers? The stock market is high because we are printing 75 Billion Dollars a month, and unemployment is way over 10% if you count all the people who have given up looking for jobs, as there are NO jobs for many of our Americans, due to 0bama´s bad policies.

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Reply 13 - Posted by: leonardo, 7/3/2014 12:18:34 PM     (No. 9909794)

All markets and numbers are now manipulated by American and foreign governments which cannot allow fiscal reality (unimaginable debt, money created out of thin air, and worthless currencies) to be seen without the rose-colored glasses that they seek to impose. The economy has been blah for 6 years but the markets are soaring? Pay no attention to the man behind the curtain, and hold onto your wallet ... ya think, like the citizens of Cyprus, that your money is safe even in your bank? Take those glasses OFF.

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Reply 14 - Posted by: P51DMustang, 7/3/2014 12:30:37 PM     (No. 9909811)

BS, liars.

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Reply 15 - Posted by: Bevan, 7/3/2014 12:35:08 PM     (No. 9909816)

On the other side of the coin, they´re (Drudge link)reporting that 91,000,000 eligible for work Americans are unemployed, off the books, and not looking for work.

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Reply 16 - Posted by: mathman, 7/3/2014 1:47:23 PM     (No. 9909887)

Truth: we have lost jobs.
Lie: employment has reached historic levels.
12.6% are not working. Wow.
The only way to get 6.1% is dropping a lot of folk off the rolls.
Lies, more lies, and still more lies.
And the cheerleaders of the enemedia are right there propping up the regime!

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Reply 17 - Posted by: littleorby, 7/3/2014 2:00:16 PM     (No. 9909906)

It´s VERY simple: Wall Street knows we´re in a period of high inflation, which will soon morph into hyper inflation. The rising ´DOW´ numbers is an indication of investors hedging against that inflation: the job numbers have absolutely NOTHING to do with the rise.

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Reply 18 - Posted by: oh-heck, 7/3/2014 2:07:05 PM     (No. 9909914)

The paid cheering section is using the same song book/talking points. Are they unionized?

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Reply 19 - Posted by: Keekng, 7/3/2014 2:24:29 PM     (No. 9909930)

Job numbers skyrocket?? Bwahahaha, yeah if you like part time work flipping burgers!

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Reply 20 - Posted by: PI65, 7/3/2014 3:14:37 PM     (No. 9909976)

So many Debbie Downers. Many good paying jobs in Seattle. Everybody is hiring. Construction cranes litter the horizon in all directions. I have no idea what´s happening in the rest of country. Happy fourth everyone!

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Reply 21 - Posted by: StormCnter, 7/3/2014 3:32:21 PM     (No. 9909999)

#20 is right. There are areas around the country where things are going great. In Texas, it´s mostly related to the oil patch. Hotels can´t get maintenance people, restaurants can´t get service help, apartments and rental houses are scarce and pricey. I have a nephew who drives a hazardous materials truck (special license) and fends off pirate headhunters several times a week. But if an unemployed person isn´t in those hot areas, life is much harder, obviously. I have a cousin in the Detroit area, working three part-time jobs after losing his auto industry executive position. His family is unable to move somewhere else because there is no market for their nice, middle-class home.

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Reply 22 - Posted by: jglas, 7/3/2014 5:06:06 PM     (No. 9910074)

That´s like declaring a guy on life support who has just shown signs of coming out of years of being in a coma the healthiest man in town. The hell of it is a lot of people will believe it.

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Reply 23 - Posted by: ROLFnader, 7/3/2014 5:54:44 PM     (No. 9910100)

This from the same folks who came up with the formula for the rate of inflation which doesn´t count fuel or food prices.

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Reply 24 - Posted by: paral04, 7/4/2014 10:26:25 AM     (No. 9910837)

What garbage. Who employed these people? Our GDP is down 2.1% from last quarter. This paper is guilty of spreading Nazi propaganda. Hitler got his newspapers to print lies also.

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