Where are the jobs?
The June jobs report was released at 8:30amET, missing expectations. The Labor Dept. reported 80,000 jobs were created in June and the unemployment rate remained at 8.2%. As soon as the number hit the tape, the reaction poured in on Twitter.
- In case you need a refresher on the jobs report, here are the highlights:
June Job Creation at 80,000; Rate Holds Steady at 8.2%The U.S. economy created just 80,000 jobs in June and the unemployment rate held steady at 8.2 percent, reflecting continued slow growth ...- Now, for the Twitter reaction with @TheStalwart leading the pack.
JUNE JOBS REPORT MISSES EXPECTATIONS AT 80K (Analysts expected 100K) read.bi/N07BJd
#MarkZandi on @CNBC says w/o stimulus would have been worse in 2009. He's right. But would be much better today.- It wouldn't be a Jobs Friday without a little politics from both sides of the aisle.
See a full list of 30+ House-passed bills #4jobs stuck in the Democratic-controlled Senate here: j.mp/LqOt8Y
This failed experiment has gone on long enough. My statement on the job's #s: tinyurl.com/7da3vr3- The White House Response:
- Not everyone was buying it:
- More response from the Dems:
- Now, if you're feeling down after reading all of this, Josh Brown is here to make you laugh.
