Jobs created in June? Try jobs *lost*

If this is true, then the economic news isn’t just bad for Obama, it’s devastating:

The birth-death model, which approximates the amount of jobs gained through new businesses created too recently to be counted in the formal survey, added 124,000 positions, meaning that without the estimation the total count would have been a loss of 44,000.

So much for that claim of 80,000 jobs created in June and NPR’s pathetic spin.

(Crossposted at Sister Toldjah)

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