Last week’s job report was dismal. Again. How long are we going to tolerate this anemic recovery? When will we demand change? Only 80,000 jobs were created last month with about 250,000 jobs added in the entire quarter. We need to add 150,000 jobs per month to keep up with population growth. We need to add 250,000 jobs per month for the next five years (!) to get back to the employment levels of four years ago. Five million fewer people are working today than a few years ago. This is the lowest percentage of the population employed since the 1930s. Government policy matters and is contributing to the problems. They need to lower taxes, reduce regulation, stop the incremental health care burden, and fix the fiscal cliff. Until this happens, jobs are not coming back.
– Steve Odland