When all is said and done, unemployment will eventually sink Obama’s reelection in 2012 …
As much as President Barack Obama wants to avoid the primary issue of the 2012 elections, there is no way he can hide the fact that the economy has stalled and going backwards. The Obama job recovery has been a failure and has hit the skids at the worst possible time for Obama’s reelection bid. In June 27 states saw their unemployment rate rise. Worse yet for Obama, unemployment rates rose in six of ten battleground states. According to the Department of Labor, the jobless rate climbed a 10th of a percentage point last month in Michigan, Pennsylvania, Colorado, Iowa, New Hampshire and Virginia.
Unemployment rates rose in 27 states last month, the most in almost a year.
The Labor Department said Friday that unemployment rates fell in 11 states and Washington, D.C. — the fewest declines since August. Rates were unchanged in 12 states.
Nationwide, employers added only 80,000 jobs last month, third straight month of weak job growth. The national unemployment rate stayed at 8.2%.
Some of the states that saw a decline:
- Nevada recorded the highest unemployment rate, at 11.6%, same as the previous month.
- It was followed by Rhode Island at 10.9% and California at 10.7%
- North Dakota had the lowest unemployment rate at 2.9%, followed by Nebraska at 3.8%
- Several states reported big increases in unemployment. Rates rose 0.4 percentage points in Alabama and New Jersey, to 7.8% and 9.6%, respectively.
- Still others lost jobs. Wisconsin shed 13,200, the most of any state. It was followed by Tennessee, where employers cut 12,100 jobs.
What else could one expect but poor economic jobs numbers when you have a President who failed to meet with his much touted Jobs Council in the last six months, yet has time for fundraiser and golf? Retail sales fell in June for the third straight month as well.