Recovery? Another 131,000 Jobs Lost In July

A BBC report spells out how bad the hiring situation is in the United States. On the very dim bright side of the equation, 143,000 of the jobs lost in July were census jobs which were temporary. So part of the job loss was expected. On the exceptionally bad side of the news, not counting the census workers, United States job growth is very, very slow, too slow for there to be a sustained recovery.

Is This Really An Economic Recovery?

Ron Dreher asks that question and he links to quite a few articles with different takes on the subject.

He begins his article with, “Consumer confidence and spending is up, as are new home sales. Good news, right? Clusterstock has 25 questions to put to people who think the economic recovery is real.”

Let’s hear from a real expert: