WorkersWork.com

Homepage
Feed
Twitter



Few Private Sector Jobs Created in May

The numbers look good in the May jobs report, but looks can be deceiving. 431,000 new jobs were created but the vast majority of them were created by the government hiring temporary census workers. The unemployment rate dipped to 9.7 percent.

President Obama said, "We're moving in the right direction. The economic policies that we put in place are working."

Economists disagree. It was the fifth straight month of jobs gains, but the private sector is still struggling. The weak jobs report raises the possibility of a double dip recession. Take a look:



Tags: may-jobs-report | temporary-census-workers | recession

Posted on June 4, 2010
Permalink| | | Comments (View) | |



blog comments powered by Disqus

The Writers Write
Lifestyle Network
Bloggers Blog
Crafters Craft
Drivers Drive
Fantasy SF Blog
Gamers Game
Health News Blog
HowToWeb.com
The IWJ Blog
Lovers Love
Media Cynic
Petosphere
Pleasant Morning Buzz
Readers Read
Science News Blog
Shopping Blog
Singers Sing
Sportsosphere
Surfers Surf
Traders Trade
Video Nacho
Watchers Watch
Workers Work
The Write News
Writer's Blog










www.workerswork.com

Copyright © 2005-2010 by Writers Write, Inc. All Rights Reserved.