Total nonfarm payroll employment increased 195,000 in June, with May’s figures revised upwardly from 175,000 to 195,000. WOW! The employment situation is finally, really getting better — right? Nope! Look at my highlights in the attached BLS Report. For the truly initiated, I have included the entire report for your perusal.
Most of the jobs that were added were of the low paying, few-to-no benefits variety. Need I say more?