Gov. Jobs Way Up

In terms of sustainable, long-term employment in the private sector, the job market continues to look grim, the fruit of Obamanomics. From Politico:

The nation's economy added 431,000 jobs in the month of May, and the unemployment rate dipped to 9.7 percent, the government reported Friday.

That’s less job growth than many expected, and will not provide a boost to the Obama administration, which has been struggling to demonstrate that its economic policies are helping to ease the nation's epic unemployment probelem.

The government said that 411,000 of the jobs created in May were temporary positions with the once-a-decade US Census, and not the kind of employment that can drive a sustained economic recovery. That meant that the overall private sector employment growth for the month was anemic – up by just 41,000.

And the president's reaction:

HYATTSVILLE, Md. (AP) - President Barack Obama says the addition of 431,000 new jobs in May shows "the economy is getting stronger by the day."

Speaking at a trucking company outside Washington, Obama embraced the Labor Department's new employment snapshot, released Friday morning. A burst of census hiring lifted payrolls last month, and the unemployment rate dipped to 9.7 percent.

This is embarrassing.