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.
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…
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…
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.
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…
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…
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,…
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,…
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…
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…