Comments about ‘Dow tops 17,000 after strong jobs report’

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Published: Thursday, July 3 2014 1:00 p.m. MDT

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Dr. Thom
Long Beach, CA

Nancy Pelosi stated "all the job lost during the recession have been replaced" but with what type of jobs?

There is a difference between getting another job and replacing the one you lost. If someone like my colleague (true story) was a professor, then is laid off but can't find another FT job in academics because 75% of all academic jobs now are PT w/o benefits, and then settles for a job as a waiter at Chili's, that is not the same as replacing the lost job.

Economist keep saying there have been x-number of new jobs created, but they don't tell us in what sectors and how much they pay. These numbers are useless if you were making $50,000 a year and now make $25,000. Its not the same job.

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