Sunday, October 2, 2011

UNEMPLOYMENT AND JOBLESSNESS -- FOUR QUICK CHARTS

International Liberty – 9/5/2011 – Dan Mitchell

Four charts – none of them good:

Obama Unemployment Projections vs Actual Results

Average Black Unemployment Rate

Long-Term Joblessness Skyrockets Under Obama:  Six-Month Unemployment Figure Doubles

The Hidden Obama Jobs Disaster:  Fewer People in the Work Force

All four of these charts are bad news. But the economy periodically hits a speed bump. The real problem is not bad numbers, but the fact that bad numbers have persisted for several years. 

And the really bad news is that there is little reason to expect a turnaround given the current Administration’s affinity for bigger and more burdensome government.

Northwoods Patriots - Standing up for Faith, Family, Country - northwoodspatriotscomm@gmail.com

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