The new jobs report just came out this morning, and…ouch.
Unemployment remained stagnant at 9.1%, which means that the economy gained zero jobs in August. CNBC noted that this was the first time since World War II that the economy had created net zero jobs.
Think about that. Zero jobs created. That had better be one heck of a speech next week, Mr. President. (Somehow I’m not optimistic).
I guess it makes sense that the President whose campaign logo was a big “O” should have an economy that creates zero jobs.
[Cross-posted at Sunshine State Sarah]