I am wondering where are all these jobs that Obama promised when he was campaigning for president. So to all who voted for him maybe you guys can answer for him. PLEASE SAVE ME THE WHOLE “BLAME IT ON THE REPUBLICANS ARE TO BLAME” BULL SHIT.
The skies over the White House were overcast Friday as President Obama and several prominent members of his economic team entered the Rose Garden to deliver remarks on the Labor Department’s newly released August jobs numbers.
The skies — a dreary reminder of Hurricane Earl‘s presence along the Eastern Seaboard — went unacknowledged, much like the other glaring presence casting its shadow on the president’s remarks: the jobs numbers themselves.
August saw a net job loss. And despite the fact that the private sector appears to be gaining a bit of steam with 67,000 jobs added in August, the public sector still is struggling. As a result, the unemployment rate, which has hovered over the 9 percent mark for 16 consecutive months now, rose again from 9.5 percent in July to 9.6 percent in August.
The simple truth is that more than half a million new job hunters emerged in August and the number of jobs being created is simply not capable of meeting that kind of demand.
- Bad News on Jobs Ahead of Labor Day (abcnews.go.com)
- White House: No second stimulus in future (capitolhillblue.com)
- UPDATE 2-Obama says to address new economic ideas next week (reuters.com)
- US unemployment jumps 9.6 percent (alternet.org)