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Cal

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. . . for you Bush bashers and constant seekers of bad news!

August 05, 2005
Economic, Job Growth Continue

More good news on the economy, as the Labor Department reports that employers added 207,000 payroll jobs in July, with 42,000 jobs also added to the preliminary totals for May and June.

Average hourly earnings also rose sharply in July, and manufacturing output increased for the 26th consecutive month.

The oddest thing about the strong economic growth that has taken place over the last several years is how stubbornly many people refuse to recognize it. Polls continue to suggest that most Americans are unaware of the economy's excellent performance. Can that really be true? No doubt inadequate news coverage is a factor, but I can't believe that a majority of Americans really have no idea how the economy is performing. I suspect that when asked about the economy in opinion surveys, many people focus on what they perceive to be negative at the time--budget deficits, the price of gasoline--either because that's what's in the news, or because they hope to influence the government by voicing dissatisfaction.

www.powerlineblog.com
 

kolanuraven

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But more than half of this " growth" is in the sector that holds the service industry jobs such as fry cook and waitress.

The jobs in the sector that really pushes the economy forward on the BIG NUMBERS , like manufacturing and IP are going down.

We gotta quit outsourcing our big jobs. We're doing it backwards.
 

Steve

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Lies liberal lies or just an misguided opinion?

Goods-producing 7.3

Natural resources and mining 16.3

Construction 11.6

Manufacturing 4.2

Service-providing 7.1

Wholesale trade 5.8

Retail trade 6.9

Transportation and warehousing 6.0

Utilities 2.5

Information 5.3

Financial activities 5.9

Professional and business services 8.7

Education and health services 4.7

Leisure and hospitality 9.4

Other services (Includes unclassified sector,) 7.8

Not half, in fact less then 15% of the total gains, and Manufactoreing and IP are both going up....sorry just raw facts...not opinion
 

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