Friday, July 05, 2013

Summer Heat!



Okay, Friday brings forth the release of the jobs report. And there's a sign that the economy is improving.

The Labor Department reports that there were 196,000 jobs added in the month of June. Unfortunately the unemployment number continues to stand at 7.6%.

The signs that more Americans are looking for jobs with cautious optimism. So there's a slight possibility more Americans are confident to find a job in less than a week.

There is still long term joblessness. People are very cautious of looking for a job. People continue to think we're still in a recession despite the improvements in the economy and stock market rebound.

There are more service industry jobs that offering less hours and low pay. But require overwhelmingly hard work.

Congress job approval is terrible. The congress has job approval at 13%

The president's job approval is at 45%. Mostly due to the controversies of the NSA, IRS and lack of progress in his second term.

The country is bouncing back.

But there's still some who would rather take it to the ground so they can have a "gotcha moment".

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