From Bloomberg on July 5:

Employment roared ahead in June…

Hourly earnings in the year ended in June advanced by the most since July 2011…Stocks climbed…

“Job growth is starting to hum along,” said Jonathan Basile, director of U.S. economics at Credit Suisse Holdings USA…”All of it is laying the groundwork for more spending and more jobs. This virtuous cycle is really taking hold…”

Sounds wonderful, right? Now for the reality check. From the same article:

Payrolls rose by 195,000 workers… The jobless rate stayed at 7.6 percent…

Retailers, professional and business services, health care, and leisure and hospitality businesses led the gains… Factories reduced payrolls by 6,000…

Translation: We added bartenders, servers and beauticians; we actually lost industrial jobs.

Also recall that when Bush 43’s economic recovery created similar jobs at similar rates, the media/Democrat complex denounced it bitterly as “McJobs” and a “jobless recovery.” So, why describe it now as “roaring…humming…a virtuous cycle”?

But, to continue from the same article:

The number of part-time workers rose for the fourth month…

The underemployment rate — which includes part-time workers who’d prefer a full-time position and people who want to work but have given up looking — rose to a four-month high of 14.3 percent in June from 13.8 percent the month before… “A lot of those people who have management experience are not finding jobs…”

In other words: After full-time jobs were lost in the recession, part-time jobs were created in the recovery. Some of that always happens, but Obama has taken it to a new level. Finally, consider this, from BloombergBusinessweek:

Why Are California’s Businesses Disappearing?

There were 1.3 million businesses in California at the end of 2012, 5.2 percent fewer than in the previous year (that’s about 73,000 fewer). To put that in perspective, Massachusetts lost 5,200 businesses, the second-highest amount…

There is no nationwide recovery, if California is still losing businesses at “recession” rates.