Obama’s jobless ‘recovery’ – unemployment at 9.5%

By: Dan Spencer (Diary)  |  July 2nd at 01:34 PM  | 

Despite all the happy talk that there are signs that the economy is improving, or at least bottoming out, there is little hope that the unemployment rate will improve anytime soon. Job losses accelerated last month to 467,000, “an unexpectedly large amount.” The unemployment rate rose to 9.5%, the highest level since August 1983. According to the Associated Press, unemployment is actually much worse: If | Read More »