Job Numbers Down, Disability Numbers Up

While sitting in economic class last Thursday, the professor made an astonishing announcement about the job numbers. He said, the job numbers were looking really good. Of course, the first thought was, what job report is this guy looking at? Then, as always, a look at the actual job numbers were not so optimistic.

As of June, only 80,000 jobs were added, that is not much of an improvement in jobs. Nor is it really an improvement when there are people who have been unemployed for so long that they are not even counted or they just don't claim unemployment. Of course, jobs may be down, but disability went up. Which is just another way of realizing how bad the job market has really gotten.

Of course, the reasons for no real major job growth is many, and now that Obamacare has passed, employers are waiting to see what happens and on top of that regulations have always been a problem. Once again, on top of that, the number of people looking for jobs is HUGE! It isn't just teenagers, new grads, and 30 somethings, it is everyone from 16 and up. The job market is so competitive because of the need for people to work, and for those in a somewhat decent or a great job, they will not be leaving any time soon.

Overall, one knows the numbers are bad when even Robert Gibbs says so. Hopefully, there will be some hope in the numbers and the gas prices will not go up too bad to boot.