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Unemployment Is Now At 9.5%

By Wyatt Earp | July 5, 2009

Obamicon Broke

Change! It’s pretty much all that millions of Americans have left.

The nation’s unemployment woes continued in June as the rate moved up a tenth of a percentage point to 9.5%. The US lost jobs across all sectors, with the exception of public employment in government, education, and health industries. Long-term unemployment increased to 30% of the total:

Nonfarm payroll employment continued to decline in June (-467,000), and the unemployment rate was little changed at 9.5 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Job losses were widespread across the major industry sectors, with large declines occurring in manufacturing, professional and business services, and construction. …

In June, unemployment rates for the major worker groups–adult men (10.0 percent), adult women (7.6 percent), teenagers (24.0 percent), whites (8.7 percent), blacks (14.7 percent), and Hispanics (12.2 percent)–showed little change. The unemployment rate for Asians was 8.2 percent, not seasonally adjusted.

And again, the only industry that is showing growth is government jobs. It’s a by-product of big out-of-control government!

Clearly, the nation is heading in the wrong direction. There isn’t a single sign of job recovery in this latest report despite four months of Porkulus spending. Not one single sector except for government shows job growth, or even a hint of it.

Three months ago, Obama bragged that his stimulus had begun to create a “rush” to hire construction workers. Since then, the construction industry has lost over 120,000 jobs, and this month’s report shows that trend accelerating at a season when construction should normally be hiring. (H/THot Air)

Well, for the record, that will change ever so slightly this month, when our construction begins. We’re raising the roof so we can fit all the kids under it. Make no mistake: The economic woes hurt me, but not as badly as they hurt a lot of other people, since my profession is recession-proof. Most people’s careers are not, and they are getting ZERO help from this administration.

Thanks to President Obama’s economic policies, “The buck stops here” has been given an entirely new (and ominous) meaning.

Topics: Politics | 8 Comments »

8 Responses to “Unemployment Is Now At 9.5%”

  1. metoo Says:
    July 5th, 2009 at 11:53 am

    Wish I could tattoo Ben Franklin’s words on Obama’s forehead. ” A Republic, if you can keep it.” At least what he is trying to do would be apparent to all his kool-aid drinkers.

  2. RT Says:
    July 5th, 2009 at 1:53 pm

    Just read a story that quotes Biden saying that the administration misread how bad the economy was when they took control. Uh…weren’t people warning them of the complexity and of how deep it was during the election? Oh wait…they ignored us on that one.

    He said things will get better in September when the other part of the stimulus begins. Yep…right, dude.

  3. CaptainAmerica Says:
    July 5th, 2009 at 3:13 pm

    I agree dude. Emergencies only get worse during hard economic times. Even so these idiot politicians think cutting our already thin budgets will somehow bail them out of their mismanagement.

    Like you we are only able to do what we can by extremely careful planning (and the Oberfrau shooting down 75% of my spending requests).

    Right now out of three trucks in my station, every one is a reserve truck. All three of our regular trucks are in the shop with no hope of seeing them any time soon.

  4. Mrs. Crankipants Says:
    July 5th, 2009 at 5:18 pm

    “I didn’t know” is not a “get out of jail free” card.

  5. Rick Says:
    July 5th, 2009 at 6:52 pm

    If the people that have given up trying to find a job. The rate is like 16.4 or 16.9

  6. bob (either orr) Says:
    July 5th, 2009 at 9:50 pm

    Where’s your Obama-loving friend on this one, Wyatt?

  7. USA_Admiral Says:
    July 6th, 2009 at 10:06 am

    It sure is a change from last year.

    Does Bob mean Randall?

  8. Wyatt Earp Says:
    July 7th, 2009 at 12:11 am

    MeToo – A lot of the inner-city poor voted for Obama. 9.5% unemployment is no “change” for them, and they’ll vote to re-elect, anyway.

    RT – And the Bush administration was full of screw-ups for not getting a handle on the economy. What has Obama done? Made it worse.

    Captain – And the city wants us to accept the fist because they frakked up the local budget. Well, frak that! That’s what arbitrators are for.

    Mrs. Crankipants – If it were, I wouldn’t have been jailed for streaking at Wimbledon!

    Rick – And it’ll get worse by the end of the year. Trust me.

    Bob – Trust me, he knows this is a disgrace. It’s why he’s not commenting.

    Admiral – And change for the worse.