Friday, July 5, 2013

Economy Added 195,000 Jobs In June; Unemployment Remains At 7.6 Percent

The economy added 195,00 jobs in June and the unemployment rate remained the same, at 7.6 percent, according to the latest data from the Bureau of Labor Statistics. Analysts had expected 165,000 jobs to be added.

Jobs numbers for April were revised up from 149,000 to 199,000; May’s numbers were also revised up, from 175,000 to 195,000, totaling an additional 70,000 jobs over the last two months.

The government lost 7,000 jobs in June, with 5,000 lost at the federal level. Manufacturing jobs remained unchanged. Meanwhile, leisure and hospitality added 75,000 jobs and retail added 37,000.

Timsomor Note:

For those of us who live in reality we all know most, if not all are due to low wage jobs and temporary agencies who are putting people in places that no one in there right mind would ever really want to work. There is this new trend of agencies with people from India who contact you with very bad broken English and most of time they don't understand you, nor can you understand them.  Still, all of this doesn't highlight the African American unemployment rate which has not changed much at all, and is at 13.7.

If you were in high school or making some sort of technical calculations most people would say that 7.6 would be considered as 8. American seems to only want ramp up numbers when it works for doing things that don't help anybody. I say this because most those people who are still unemployed should still be able to receive some sort of benefits from unemployment.

Sadly, this is not the case and most of the people doing the hiring are being very discriminating to blacks who have skills who are looking for work. The term, "It's not what you know, it's who you know" has been proven and put to the test over the past 5 years. Look at how Edward Snowden got his job with really no credentials and what he did after being in a position that most Blacks could never walk into like that.

All I can say is times are very hard if you are a Black person just trying to make it today (Black Males First), yet we live in a country where people will say with "guns in hand" that we are a christian country and that it was founded on those beliefs. I wonder why those beliefs never include everyone? 

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