FAIL. Unemployment Rate Stuck at 9.6% in October

 

 

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FAIL. Unemployment Rate Stuck at 9.6% in October

via Gateway Pundit by Jim Hoft on 11/5/10

Barack Obama is the worst jobs president since the Great Depression and possibly is the worst jobs president in US History.

(Source: US Misery Index)

They wanted to fundamentally change America. They did.
The US unemployment rate has not fallen below 9.0% for over a year now. This is unprecedented.

Fail. The unemployment rate remained at 9.6 in October making Barack Obama the worst jobs president since the Great Depression.
The AP reported:

Employers added the most jobs in five months in October, with the education and health care sectors leading the way.

But the unemployment rate, measured by a separate survey of households, remained stuck at 9.6 percent for the third straight month.

The Labor Department said Friday its survey of employers showed a net gain of 151,000 jobs last month, the most since May. Wall Street analysts expected a smaller gain.

Private employers hired 159,000 workers, while governments at all levels shed only 8,000 jobs, a much better showing than September's sharp drop.

 

 

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