As economist Paul Craig Roberts observes in this column, more than half of the 96,000 new jobs were in low paying occupations like waitress and bartender.
There is nothing wrong with working in a rather menial, low-skill job. But the “experts” in Washington keep saying that they’re going to create lots of “good” high-paying jobs. That’s all hogwash. Jobs will be created wherever a business owner sees the prospect of earnings profits and needs labor to do that. Politicians can no more promise “good” jobs than they can promise good weather, but if they did the latter, most of us would have the sense to laugh at them.