U.S. economy lost 62,000 jobs in June

Employers cut payrolls by 62,000 in June, the sixth straight month of nationwide job losses, underscoring the economy’s fragile state. The unemployment rate held steady at 5.5 percent.

[Lance Winslow]

Another Bush milestone: 438,000 jobs lost so far this year.

[Terry]

Wait, i thought these republicans were creating jobs. What a bunch of crooks. Under clintons there were jobs and opportunities everywhere. Way to go middle class conservatives. Put in bush TWICE and then blame everything on clinton and democrats.

[jimmy farter]

the obama & pelosi led congress strikes again!

NO WONDER THEY HAVE THE LOWEST APPROVAL RATING IN HISTORY! 15 POINTS LOWER THAN BUSH! THE DUMBOCRATS ARE A DO NOTHING CONGRESS AND CARE MORE ABOUT THE GLOBAL WARMING HOAX (the earth has actually cooled off for the past 3 straight years) THAN THEY DO ABOUT LOWERING GAS PRICES AND BECOMING ENERGY EFFICIENT!

WITH THE DEMOCRAPS & obama IN POWER GAS WILL HIT $12.00 A GALLON - obama has already said he don't care about the price of gas going up if it protects polar bears or if it costs the U.S. jobs!

nobama and his liberal "tax & spend" elitists!!!!

[mayo420]

Please relax people, this is all a hoax. There is no other explanation. In the 2000 pres. campaign Mr. Bush guaranteed America a 5 trillion dollar surplus in 5 years. Republicans don't lie. There is no federal deficit, it's a liberal hoax.

8 years of Republican leadership and the economy is faltering? Nope, can't happen under a Republican administration. That only leaves one explanation, it's a hoax. Right?

[Bama Yankee]

Lance Winslow wrote:

Another Bush milestone: 438,000 jobs lost so far this year.

During Clinton's time in office, the U.S. lost 766,030 actual and potential jobs between 1993 and 2000 due to NAFTA.

How many of those 438,000 jobs are trickle down from NAFTA losses?

[Mac-7]

Deport 62,000 illegal aliens.

[leo from shanghai]

a gallon of gas will cost more than a cup of capucino at STARBUCKS! starbucks closing 600 stores and canning 12,000 workers.

[Humpty Dumpty]

McCain should just go suck an egg and get it over with.

[Infidel in the HATEland]

Mac-7 wrote:

Deport 62,000 illegal aliens.

Let's go for the thirty million of them and create a job surplus.

[Mac]

Nielsen Media research in Florida is outsourcing American jobs to India, if you know anybody with Nielsen equipment in there house please ask them to call and have the equipment removed. Americans should not support outsourcing. It will kill the middle class in this great country. Let the CEO know we have had enough. Let stick together be for we sink together.

[LocalBoy]

We dont need factories
They pollute
Jobs are dirty
Cant get filthy rich
We need more educated lazy butts not producing nothing but paper.

Exporting factories was bad

[Tooth4U]

Globalists. The dollar is now worth 59 cents what it was in 2000. Contributes 1/3 to the price of a barrel of oil. GM is talking of bankruptcy now. Its gonna get worse before it gets better, unfortunately.

[Tooth4U]

Mac wrote:

Nielsen Media research in Florida is outsourcing American jobs to India, if you know anybody with Nielsen equipment in there house please ask them to call and have the equipment removed. Americans should not support outsourcing. It will kill the middle class in this great country. Let the CEO know we have had enough. Let stick together be for we sink together.

The Abu Dhabi Investment Council is reportedly looking at buying a 75% stake in the tower for $800 million. Saudi Arabia has built a 900 billion dollar fund to use against US interests.

Get a four banger small car which gets high mileage. Not cost effective to get a hybrid. Grow food.

[MSDDT]

On the radio yesterday there were comments that although we lost 60,000 jobs the unemployment rates were steady. The pundits were puzzled.

OK, here's some rocket science for the commentators. When you have 20,000,000 illegals don't be surprised that when you lose jobs you just might be losing jobs for illegals who then drop off the radar screen instead of filing for unemployment.

Best news I've heard all year.

[Mac-7]

Tooth4U wrote:

Globalists. The dollar is now worth 59 cents what it was in 2000. Contributes 1/3 to the price of a barrel of oil. GM is talking of bankruptcy now. Its gonna get worse before it gets better, unfortunately.

There is no simple answer to our problems.

Global trade is not helping American workers.

We are losing too many factory jobs to China and India and the is weakening the dollar.

Combine the trade imbalance with our cronic budget deficits and it's a wonder the dollar has any value left at all.

You're right, things are going to get worse before they get better.

[LocalBoy]

Mac-7 wrote:

<quoted text>
There is no simple answer to our problems.
Global trade is not helping American workers.
We are losing too many factory jobs to China and India and the is weakening the dollar.
Combine the trade imbalance with our cronic budget deficits and it's a wonder the dollar has any value left at all.
You're right, things are going to get worse before they get better.

The fed over-printing the dollar is what weakens it.
The congress over-regulating or poorly regulating is the other factor.

All else is effects

[Mac-7]

LocalBoy wrote:

<quoted text>The fed over-printing the dollar is what weakens it.
The congress over-regulating or poorly regulating is the other factor.
All else is effects

Loss of industrial production and an increase in imports lowers the value of our money too.

The fed over prints money to cover our budget deficits.

So government spending contributes too.

Like I said it's not a simple question or answer.

[Mac-7]

LocalBoy wrote:

<quoted text>The fed over-printing the dollar is what weakens it.
The congress over-regulating or poorly regulating is the other factor.
All else is effects

That's another reason why I'm for drilling more American oil.

More domestic oil production reduces imports, employes American workers and produces more tax revenue to the federal government.

[Lance Winslow]

Mac-7 wrote:

<quoted text>
That's another reason why I'm for drilling more American oil.
More domestic oil production reduces imports, employes American workers and produces more tax revenue to the federal government.

We could double oil production in the continental US by simply developing existing leases.

[Mac-7]

Lance Winslow wrote:

<quoted text>We could double oil production in the continental US by simply developing existing leases.

I'm not an oil expert so as far as I know you could be right.

Or wrong.

But either way we owe it to our nation to open up all the land and let the real oil experts go where they can find the most oil.