really take off. well, i m not in the takeoff school, but i m also not in the recession school. huh. people say this are just being sloppy. recessions are either brought about by the fed raising interest rates to quell inflation. they would be nuts to do that. janet yellen is the not nuts. we won t see that. the other way we get recessions is you get a bubble that bursts. we don t have a bubble. you know, chris, i saw the last one you re not shy about pointing out bubbles. yeah. i m not going to miss one. so i don t think we re going to see recession, but i m also not confident we re going to see the robust growth, sustained, you know, 288,000 jobs we saw last month. i m afraid i don t think that will happen. i hope you re wrong, dean baker. i hope so, too. take care. you, too. all right. prosecutor hellbent on getting a teenager to drop his pants for justice s sake. not making it up. that s next. card with a new volkswagen turbo. so why are we so obsessed with tu
happy jobs thursday, and happy 4th to everybody. the fifth month in a row the number has been over 200,000. that news sent the unemployment rate down to 6.1%, a 6-year low. the jobs report had come out during the preelection days of 2012 saying there had been 288,000 jobs added, or if it hadn t been lost in last weekend s holiday rush, it would have been a major part of the news cycle. it was the 52nd week of consecutive job growth. that huge set of dips on the left there is the great recession. red for the end of the bush era and blue for the obama presidency which as the facts suggest first dug the economy out of a deep hole then added jobs, yes, sometimes sporadically. now there s evidence of consistency and strong growth. over the past year, employers have added nearly 2.5 million jobs. the most in a one-year period in eight years. so, why haven t we heard more
hiring because it s so across the board. happy jobs thursday, and happy 4th to everybody. the fifth month in a row the number has been over 200,000. that news sent the unemployment rate down to 6.1%, a 6-year low. the jobs report had come out during the preelection days of 2012 saying there had been 288,000 jobs added, or if it hadn t been lost in last weekend s holiday rush, it would have been a major part of the news cycle. it was the 52nd week of consecutive job growth. that huge set of dips on the left there is the great recession. red for the end of the bush era and blue for the obama presidency which as the facts suggest first dug the economy out of a deep hole then added jobs, yes, sometimes sporadically. now there s evidence of consistency and strong growth. over the past year, employers have added nearly 2.5 million jobs. the most in a one-year period in eight years. so, why haven t we heard more about this, and also what is next? joining me now, dean baker, co-director
the june jobs report shows the economy added 288,000 jobs, longest growth streak on record. 9.7 million jobs added since early 2010. 1.4 million added in the first half of this year. it is the most in any first half of the year since 1999. many of the jobs were added under obamacare. all of the claims republicans made about president obama and the affordable care act have been baseless. they ve got nothing. now they re filing suit. even if boehner wins this challenge, it is unlikely the supreme court will reach final decision until june, 2016, months after the employer mandate is supposed to go into effect anyway. just enjoy lebron. get your cell phones out. i want to know what you think. tonight s question. do republicans have a waste containment issue? text a for yes, b for no.
and providing more flexibility so the american people who want additional skills and education, have better access to these programs. it s another example of what we can accomplish when senate democrats will work with us to address the people s priorities. now compare all this to the president s tone deaf celebration of our struggling economy yesterday. talk about being out of touch. middle-class families continue to struggle with high prices, on everything from gas to groceries to health care. because of the high cost of living they re falling further and further behind. some 288,000 americans have found jobs last month. that s a good thing. but let s have a little dose of reality. the same report showed that more americans gave up on their job search than those who actually found the job. this has happened for 49 of the last 50 months. more people have given up looking for work than actually