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Unemployment Rate Increases to 9.8 Percent
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Unemployment Rate Increases to 9.8 Percent

After three months of the unemployment rate holding steady at 9.6 percent, the newest Labor Department’s jobs report reveals that the unemployment rate increased to 9.8 percent in November. The economy only added 39,000 jobs this month. The official unemployment rate does not even factor in the 1.3 million discouraged workers who have given up searching for a job. The Labor Department chart below shows the rise in the unemployment rate over the past two years:

12/03/2010
Disappointing Jobs Report: Unemployment Remains at 9.6 Percent
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Disappointing Jobs Report: Unemployment Remains at 9.6 Percent

As we’ve come to expect, yet another lackluster jobs report has been released. The highly anticipated Labor Department Jobs Report shows that only 151,000 jobs were added October. This slight increase in jobs was not enough to lower the official unemployment rate. For the third month in a row, the unemployment rate has been unchanged at 9.6 percent. Yet, this not even factor in the 1.2 million Americans who have altogether given up searching for a job.

11/08/2010
CEOs: Obama’s Policies Are Deterring Job Growth
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CEOs: Obama’s Policies Are Deterring Job Growth

The current economic downturn is far from over. For the past 14 consecutive months, the unemployment rate has remained above 9.5 percent. The new claims for unemployment insurance rose to a higher-than-expected 459,000 last week. 

10/18/2010
Unemployment Likely Increased to 9.7 Percent in September
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Unemployment Likely Increased to 9.7 Percent in September

On Friday, the Labor Department will release the last monthly jobs report before the midterm elections. Economists have already predicted that it won’t bring good news for the US economy. According to 62 economists surveyed by Bloomberg news, Unemployment climbed to 9.7 percent from 9.6 percent in August…The data may also show companies added 77,000 workers to payrolls, and total hiring stagnated.

10/05/2010
Los Angeles Government Creates Only 55 Jobs with $111 Million “Stimulus”
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Los Angeles Government Creates Only 55 Jobs with $111 Million “Stimulus”

The late Noble Prize winning economist Milton Friedman once stated:When a man spends his own money to buy something for himself, he is very careful about how much he spends and how he spends it…And when a man spends someone else's money on someone else, he doesn't care how much he spends or what he spends it on.

09/20/2010
White House Economist Adviser: “Recovery Summer” Wasn’t Actually About Jobs
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White House Economist Adviser: “Recovery Summer” Wasn’t Actually About Jobs

Remember back in June when the Obama administration promised the American people a “Recovery Summer?” Vice President Joe Biden assured us that “some time in the next couple of months we’re going to be creating between 250,000 jobs a month and 500,000 jobs a month.” To the contrary, the economy has lost 283,000 net jobs this summer

09/15/2010
Minority Leader Boehner’s Proposed Job Creation Plan
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Minority Leader Boehner’s Proposed Job Creation Plan

On Monday, President Obama took yet another swipe at those who oppose his government expansion policies: When it comes to just about everything we’ve done to strengthen our middle class, to rebuild our economy, almost every Republican in Congress says no…If I said the sky was blue, they say no. If I said fish live in the sea, they’d say no… Their slogan is ‘No we can’t.'

09/08/2010
Despite Obama’s Promise of “Recovery Summer”, 54,000 Jobs Lost in August
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Despite Obama’s Promise of “Recovery Summer”, 54,000 Jobs Lost in August

The American people were told by the Obama administration that this would be the “summer of recovery.” Joe Biden notoriously claimed that "you're going to see, come the spring, net increase in jobs every month." Thus far, the economy has lost a total of 283,000 jobs this summer alone.

09/03/2010
Actually Nancy Pelosi, Unemployment Benefits Do Not Create Net New Jobs
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Actually Nancy Pelosi, Unemployment Benefits Do Not Create Net New Jobs

Last month, Speaker of the House Nancy Pelosi claimed that unemployment benefits “creates jobs faster than almost any other initiative you can name.” PolitiZoid has created an animated video of Nancy Pelosi’s foolish speech on the “stimulus” of unemployment benefits:

08/25/2010
Boehner to Obama: Fire All Economic Advisers
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Boehner to Obama: Fire All Economic Advisers

Clearly, President Obama’s economic advisers’ policies have failed to produce any signs of economic recovery. A new report shows that 48 out of 50 states have lost jobs since the “stimulus” was enacted in February 2009. According to the report, government employment in Washington DC has increased while private sector jobs have stagnated across the country.

08/24/2010

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