Obama is the Jobs Grinch

Labor Department numbers came out recently showing soft job-creation for the month of November.  This is nothing new, of course.  Job-creation has been weaker than expected ever since Obama began his attack on capitalism.  What's new is a shift in the quality of jobs available. Most of the jobs created last month were temporary, low-wage positions in the service industries.  Of the 120,000 new jobs created, 50,000 were in the retail sector.  Most of these are minimum-wage positions, many of them temporary holiday hires.  The "leisure and hospitality" sector, which includes jobs in the food service industry, accounted for 22,000 of the total. The poor quality of jobs on offer is not good news for the 6 million Americans who've lost their jobs since Obama took office.  The jobs on offer were so unattractive, in fact, that over 300,000 workers dropped out of the labor market altogether in November alone.  The labor participation rate, a crucial...(Read Full Article)