Post Tagged with: "unemployment"

Obamanomics: A Picture is Worth a Thousand Words

Obamanomics: A Picture is Worth a Thousand Words

They say a picture is worth a thousand words, these are the easy to understand graphs that Team Obama doesn’t want people to see, because they speak volumes about his failed economic policies. Unless otherwise indicated each of the graphs are from the Labor Department’s Bureau of Labor Statistics. They show the danger our nation faces due to the employment situation, the financial situation of average American families and the looming national debt disaster, all exacerbated under Obama’s watch.

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Pulling the Wool on Unemployment Figures

Pulling the Wool on Unemployment Figures

On July 6, I was asked by an Iowa radio host to explain how the unemployment rate could have remained stable at 8.2 percent when only 80,000 jobs were created and there is general economic agreement that the economy must generate 150,000 jobs a month just to keep the unemployment rate flat. This Aha!! Contradiction question has bothered me for quite some time, and the answer is not satisfying.

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The Truth Behind the Unemployment Rate

The Truth Behind the Unemployment Rate

“The monthly unemployment rate has become a meaningless statistic that no longer reflects the reality of America’s economy or even the state of our nation’s employment. Shockingly, the stated rate of 8.3 percent does not include the 4.4 million Americans who have dropped out of the labor force since Obama became president. When you include the dropouts, the real Obama unemployment rate is 10.8 percent,” says Bill Wilson, President, Americans for Limited Government.

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South Dakota Unemployment Rate Drops

South Dakota Unemployment Rate Drops

The U.S. Bureau of Labor Statistics reports South Dakota’s preliminary seasonally adjusted unemployment rate for December 2011 was 4.2 percent, down from the November 2011 rate of 4.3 percent.  The national unemployment rate was 9.4 percent in December 2010 percent; in South Dakota, it was 4.7 percent.

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