195,000 jobs

Obama is far from perfect, from a liberal standpoint, but he did rescue the economy from its freefall during the terror of George W. Bush.  Before anyone waxes philosophical about the Bush years, let's remember that we were losing 700,000 jobs per month in the last few months of the Bush "presidency."

Is Obama worse than Bush?  Only in an upside-down, hyper-partisan world.

On a related note, can we still prosecute Bush and Cheney for war crimes (torture) and violations of civil liberties (illegal wiretapping)? Hell yeah.

June Jobs Report: Hiring Beats Expectations

The job market made some headway last month, as hiring continued at a pace that beat expectations.

The economy added 195,000 new jobs in June, the Labor Department reported Friday, the same as the hiring pace in May, which was revised higher. Meanwhile, the unemployment rate remained unchanged at 7.6%.

Revisions from April and May showed that hiring in those months was stronger than originally thought, adding 70,000 new jobs to this year's count.Economists polled earlier in the week by CNNMoney had predicted a gain of 155,000 jobs, and a drop in unemployment to 7.5%.

On average, the economy has created roughly 175,000 jobs a month over the last year. That's not bad, but it's not great either. Economists say that level of job growth barely keeps pace with the rising population, and is a far cry from the 250,000 jobs a month created during the boom times of the mid 1990s.

Original.