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FILE - In this Thursday, March 3, 2016, file photo, people attend an employment orientation class at the Georgia Department of Labor office in Atlanta.

Obama’s Jobs Report Worst in 6 Years

Despite a forecast of 160,000 new jobs, the Obama Department of Labor announced that job creation in May plunged to 38,000, the worst monthly performance in 6 years.

jobs

A Sense of Doom Hangs Over September’s Big-Miss Jobs Report

Analysts were expecting well over 200k new jobs for September – which isn’t really all that great, but at least it’s enough to keep pace with population growth. Instead, we got 142k new jobs, the past few months were revised downward, wage growth remained flat, and the labor force shrank by another hair-raising 350k, knocking workforce participation down to 62.4 percent.