Zilch. Nada. Zero. Private. Sector. Jobs. Created. Last. Month. WTF.

[TruthIsAll]

Sit down. Take a breath. Not ONE private sector job created last month. The paltry 21,000 new jobs were Government jobs. That's right.

But CNBC won't tell you this. Move along. Nothing here. We have a booming economy. Expanding. Good for earnings. Good for stocks.

True. But. Bad for people.

http://story.news.yahoo.com/news?tmpl=story&u=/nm/20040305/ts_nm/economy_dc_41

Job Growth Anemic in February
Fri Mar 5, 4:40 PM ET
By Tim Ahmann

WASHINGTON (Reuters) - The U.S. economy added a paltry 21,000 jobs last month, according to a surprisingly weak government report on Friday that turned up the heat on President Bush (news - web sites) as he seeks re-election.

The February jobs report from the Labor Department (news - web sites) was the latest in a string that had fallen far short of expectations, dashing hopes employment would soon turn decisively higher.

"The job market is stuck in a cycle of inertia," said John Challenger, head of the outplacement firm Challenger, Gray & Christmas. "The fact is, we are going to have to get used to slow job creation in this country."


The details in the report were uniformly bleak. Private-sector employment showed no gains. Government hiring was the only reason the nonfarm payroll count rose.

In addition, job creation in December and January was weaker than previously thought, by a combined 23,000 jobs.

And while the unemployment rate held steady at 5.6 percent, that was only because many people stopped looking for work. Employment as measured by a survey of households plummeted.

more...sadly

[kalian]

1. 21000 people being hired to spy on Americans....

or do some other un-American activity.
Sorry, these aren't the "good" government jobs either... Its all part
of the so-called "Homeland Security" bs...

[wellst0nev0ter]

5. No, Bush Hired 21,000 Campaign Staffers (eom)

[I AM SPARTACUS]

2. not "created no new jobs"...LOST more jobs...

[Jacobin]

3. Ah yes, its those "small government" republicans at work again

[whistle]

4. Bush better hurry on that...

...economic report recommendation and get those hamburger engineering jobs reclassified as manufacturing jobs before the November election don't cha think....
:tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat::tinfoilhat:::tinfoilhat:::tinfoilhat:::tinfoilhat:::tinfoilhat:::tinfoilhat:::tinfoilhat:::tinfoilhat:::tinfoilhat:::tinfoilhat:::tinfoilhat:::tinfoilhat:
:bounce:

[wellst0nev0ter]

6. Yawn, Wake Me When They Post The Revision

:boring: :boring: :boring: :boring:

[alcuno]

7. What's also criminal is the failure to extend unemployment benefits.

Wasn't the "improving" economy one of the reasons they gave for not extending the benefits? It's disgusting to leave people with no jobs AND no money to pay for food and shelter.

[Crachet2004]

8. It would increase the 'official' unemployment rate by at least...

2 tenths of a percent, which would make Bushco look even worse on jobs. 5.6 to at least 5.8.

Cynical and, I agree, even 'criminal'.

[dweller]

9. What's wrong with us?

must be we are not trying..the *moron is working sooooo hard.

:shrug:
dp