— U.S. unemployment rate in April including those who have given up looking for work, according to the Bureau of Labor Statistics.
The U.S. economy added a sickly 115,000 jobs in April, but as discouraged workers continued to leave the labor force, the benchmark unemployment rate nudged down from 8.2 percent to 8.1 percent.
The more important number, the size of the potential labor force that is not employed, remained at a crushing 14.5 percent. Economists are alarmed not only at the puny jobs number in April but at the fact that the difference between the two figures, 6.4 percent, stands near an all-time high.”
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In real terms, from “realville”, there has been little to no ‘job growth’.
Barack Hussein Obama and his inept, radical socialist ideas have killed job growth in America. This is happening, while most of the rest of the world is in recovery mode. Even corrupt Mexico has 5% growth. The only good thing Obama has accomplished: forcing illegals to flee America.
Never in our history have we experienced such little growth and economic opportunity. Never. And never in our history has one man, spent more taxpayer money than all previous President combined. This is devastation to economy growth and prosperity. And Obama spent all that money, redistricted tax money, with no concern for the eventual outcome.
Obama’s policies caused over 20 million jobs to vanish. Say that a small business employed 15 people. They had to let 6 go . . . and those jobs haven’t come back, thus shrinking jobs available. So when the Obama government and dutiful (DNC employees of) MSNBC, CNBC CNN, ABC, CBS, and NBC gleefully tout unemployment of 8.1% (and shrinking), that isn’t accurate. It doesn’t count people who’ve even up finding employment and it doesn’t count those ‘vanished’ jobs. It’s not just employees. It’s also those jobs which vanished . . . . and won’t come back until radical Democrat’s take their booted hoves off the throat of business. When all those lost jobs are counted, unemployment is above 11%.
Obama isn’t working. Obama has failed. Obama must be replaced.