Employment Report: Only 7 Million More New Jobs Needed

Employment Report: Only 7 Million More New Jobs Needed

“At the rate of last month’s dismal job creation, it will take more than 15 years for America to replace the 7 million jobs that vanished in this Great Recession. The awful new job numbers — just 38,000 in May when economists say the country needs at least 244,000 new jobs per month if the United States is to ever climb out of its hole — are the latest sign America is beginning a new brutal phase of the endless crisis.”

— “Nation Needs To Replace 6,955,000 Pre-Recession Jobs; 38,000 Created Last Month,” Ken Layne, Wonkette

The Republican geniuses responsible for the global crash have an answer: pull even more money out of America’s economy.

Image by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

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2 Responses to “Employment Report: Only 7 Million More New Jobs Needed”

  1. niedersjobs.com Says:

    Drop the price of gas so people can afford to buy stuff other than gas. Get people to buy merchandise creates more jobs, its as simple as that.

  2. Mike Licht Says:

    niedersjobs.com wrote:

    Drop the price of gas so people can afford to buy stuff other than gas.

    Tell that to the speculators responsible for jacking the price of oil. Fuel costs are not high due to supply and demand or taxes. Investors fled real estate development and securities and started buying commodities futures, chief among them oil.

    Get people to buy merchandise creates more jobs, its as simple as that.

    American firms cannot make goods Americans want to buy at prices they can afford. It’s as simple as that.

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