In April, Vice President Joe Biden predicted:
“that the U.S. economy would be adding up to 500,000 jobs each month “some time in the next couple of months.”
“All in all we’re going to be creating somewhere between 100[,000] and 200,000 jobs next month, I predict,” Biden said, according to a pool report, adding that he “got in trouble” for a job growth prediction last month. “Even some in the White House said, ‘Hey, don’t get ahead of yourself.’ Well, I’m here to tell you, some time in the next couple of months, we’re going to be creating between 250,000 jobs a month and 500,000 jobs a month.”
Maybe what Biden meant was 400,000 temporary government jobs. Last month we noticed as The Hill reported:
“The economy added 431,000 jobs in May, but nearly all of them were temporary workers hired by the Census. The private sector added 41,000 workers, according to the report issued Thursday by the Labor Department, while the unemployment rate dipped from 9.9 percent to 9.7 percent. Census 2010 added 411,000 temporary employees in May, according to the report.”
However, Biden should have known that those jobs would disappear, which is just what we see in the latest job report. Today, the BLS reported June’s job report. No surprise here, those temporary jobs that were created in May…gone. CNN reports:
“The U.S. economy lost jobs in June, for the first time this year, as modest hiring by businesses only partly offset the end of census jobs.
“The Labor Department on Friday reported a net loss of 125,000 jobs in the month. That was due primarily to the loss of 225,000 census jobs that had swelled payrolls by 433,000 net jobs in May. Economists surveyed by Briefing.com had forecast a loss of 100,000 jobs in June.”
I don’t know Joe, but this is not the best way to get America back on track. Americans need private sector jobs, not temporary, taxpayer financed ones.