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Politics - Jobs Report - View Post

Kasz216 said:
Oh jeez.... what's even more depressing is...

Unemployment going down has NOTHING to do with people going to work. It went down from 10.1% to 9.3% because people gave up looking for jobs.

The jobs added actually aren't even keeping up with population growth...

http://www.dailyfinance.com/2011/07/06/hard-facts-america-economic-recovery/

Yeah USA needs a job growth of 200.000-300.000 jobs a months on average ofcourse to atleast stabilize the 'real unemployed number'

Real unemployment number is around 17%

And at the same time still no measure for the debt:

As of June 29, 2011, the Total Public Debt Outstanding of the United States of America was $14.46 trillion and was approximately 98.6% of calendar year 2010's annual gross domestic product (GDP) of $14.66 trillion.[2][3][4] Using 2010 figures, the total debt (96.3% of GDP) ranked 12th highest against other nations