Just a friendly reminder that despite President Obama's continual promise to "focus on jobs" the unemployment rate is still higher in 2013 than when Obama took office in 2009.

The unemployment rate is 7.9 percent -- one tenth of a point higher than it was when Obama took office in January 2009. But the true toll of joblessness is far higher. The Labor Department's so-called U-6 rate, which includes people who want a job but have become so discouraged they have quit looking, is 14.4 percent. And a new study, by Rutgers University scholars, shows that 23 percent of those surveyed have lost a job sometime in the last four years, while another 11 percent have seen someone in their household lose a job. That is one-third of the American people who have experienced unemployment during Obama's time in office, along with many more who have experienced other hardships of the economic downturn.

I sincerely hope that the next four years are better for America than the last four.

0 TrackBacks

Listed below are links to blogs that reference this entry: Reminder: Unemployment Is Higher Than When Obama Took Office in 2009.

TrackBack URL for this entry: http://www.mwilliams.info/mt5/tb-confess.cgi/8213

Comments

Supporters

Email blogmasterofnoneATgmailDOTcom for text link and key word rates.

Site Info

Support