Business Review Board / June 3, 2016

No Good Jobs in the May Jobs Report

The worst report in five years.

The only jobs added to Barack Obama’s economy in May were the ones created by government regulation. The Bureau of Labor Statistics released what Hot Air’s Ed Morrissey calls the worst report in five years. Indeed, the numbers are bad: Only 38,000 jobs were added in May. The number of Americans who are doing part-time work when they want a full-time position increased by almost a half million. The percentage of Americans who are gainfully employed shrunk by 0.2 points and now only 62.6% of the population is holding down a job. That last statistic is why BLS could spin the numbers to say the unemployment rate declined to 4.7%.

According to BLS data, the lone industry to grow in May was the health care industry — an industry that’s growing only because ObamaCare regulations are forcing Americans to spend more of their money in the industry. Ahead of the jobs report, Obama visited Elkhart, Indiana, to tout his seven years of bringing a statist touch to the economy. It was from Elkhart in 2009 that Obama argued for a stimulus bill to flood the well-connected businesses of the nation with cash. Friday’s jobs report is a reminder of just how lackluster the “recovery” has been, thanks to his policies.

The ray of hope in the jobs report is that wages increased by five cents in May, so the average hourly wage is $25.59 an hour. Wages are still slowly growing, which might increase consumer spending, which might help revive the economy. But GDP grew just 0.5% in the first quarter of 2016, and this jobs report hints that the second will be equally anemic.

Start a conversation using these share links:

Who We Are

The Patriot Post is a highly acclaimed weekday digest of news analysis, policy and opinion written from the heartland — as opposed to the MSM’s ubiquitous Beltway echo chambers — for grassroots leaders nationwide. More

What We Offer

On the Web

We provide solid conservative perspective on the most important issues, including analysis, opinion columns, headline summaries, memes, cartoons and much more.

Via Email

Choose our full-length Digest or our quick-reading Snapshot for a summary of important news. We also offer Cartoons & Memes on Monday and Alexander’s column on Wednesday.

Our Mission

The Patriot Post is steadfast in our mission to extend the endowment of Liberty to the next generation by advocating for individual rights and responsibilities, supporting the restoration of constitutional limits on government and the judiciary, and promoting free enterprise, national defense and traditional American values. We are a rock-solid conservative touchstone for the expanding ranks of grassroots Americans Patriots from all walks of life. Our mission and operation budgets are not financed by any political or special interest groups, and to protect our editorial integrity, we accept no advertising. We are sustained solely by you. Please support The Patriot Fund today!

★ PUBLIUS ★

“Our cause is noble; it is the cause of mankind!” —George Washington

The Patriot Post is protected speech, as enumerated in the First Amendment and enforced by the Second Amendment of the Constitution of the United States of America, in accordance with the endowed and unalienable Rights of All Mankind.

Copyright © 2022 The Patriot Post. All Rights Reserved.

The Patriot Post does not support Internet Explorer. We recommend installing the latest version of Microsoft Edge, Mozilla Firefox, or Google Chrome.