431,000 New Jobs … 9.7% Unemployment & Only 41,000 are Private Sector Jobs

 

WOW, 431,000 new jobs in May 2010 and unemployment down to 9.7%.

Now comes the double wow … 441,000 were temporary government census jobs. You heard that correctly, that means only 41K jobs created in the private sector. What a didaster.

Payrolls rose by 431,000 last month after a 290,000 increase in April, figures from the Labor Department in Washington showed today. The gain was smaller than the 536,000 median forecast in a Bloomberg News survey and reflected a 411,000 jump in government hiring of temporary help for the 2010 census. Private payrolls rose a less-than-forecast 41,000. The unemployment rate fell to 9.7 percent as Americans dropped out of the labor force.

It’s official, it is a jobless recovery.This is just terrible jobs news as all of the 441K census jobs will be ending at the end of the summer. The markets are going to get hammered on this terrible jobs news. But wait, creating jobs was Obama’s #1 priority in his second year of his Presidency. That is when he is not thinking about the BP oil spill. Or if he is not golfing or paying tribute to Paul McCartney.

This Census worker claims that the job numbers are inflated.



If you liked this post, you may also like these:

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  • The Obama Job Recovery: April 2011 Unemployment Rate Rises to 9.0%
  • 9.4% Unemployment on With only Adding 103,000 jobs in December???
  • June 2010 Jobs Report: 125,000 Jobs Lost, 9.5% Unemployment & 625,000 Workers Just Gave Up




  • Comments

    4 Responses to “431,000 New Jobs … 9.7% Unemployment & Only 41,000 are Private Sector Jobs”

    1. super dave on June 4th, 2010 10:14 am

      census workers are now blowing the whistle
      on obama’s census fraud. workers report their
      supervisors are telling them to drag out their
      job and basically waste a lot of time so it looks
      like obama has created jobs.
      some workers report being fired and rehired 5 to
      8 times and as per the census bureau, that
      constitutes a new job created every time even though it’s the same employee. can any of you
      libcrats say fraud ? come on now, we know you can
      say it !!

    2. Darleen on June 4th, 2010 12:35 pm

      Yeah, well, there are going to be a lot of new jobs in November. Furthermore, when the Republicans take control of Congress and the Senate, he will be a lame duck until his term is over and we have a new President. Game, set, match.

    3. Waterboy on June 4th, 2010 6:38 pm

      Those that know say it is really 17.5 to 18.

      Jerry

    4. A Texas Grandfather on June 5th, 2010 7:20 pm

      With the current administration, one cannot trust any data from the department of labor. If a careful audit were made over the past three months we might find that all the figures were inflated. I believe that the real figure for unemployment is at least double the published number.
      This is just like the government figures for illegal immegration. It is not twelve million,but more like twenty-five to thirty million.
      Our federal government has sat on its hands while our country was experiencing an invasion and not protected the people.

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