The failed policies of President Obama are nowhere more visible than in the persistently high unemployment rates, which today, nearly four and half years after his inauguration, is still at 7.6%. Matt Berman details the report at National Journal.
Not everything is perfect, of course: 7.6 percent unemployment is still rather dreary, and the number of long-term unemployed in June was largely unchanged at 4.3 million, or 36.7 percent of the unemployed. In other words, one in three unemployed people have been out of work for at least 27 weeks—a predicament that comes with a host of problems. Job declines in the public sector were also, again, a big drag on the economy, with 7,000 losses in June in government jobs. Although compared with the 12,000 government jobs lost in May, that number doesn’t look quite as bad. Additionally, the unemployment rate for adult women actually went up in June to 6.8 percent.
E.J. Smith - Your Survival Guy
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