How’s that Hopey-Changey Stuff Working … Obama Supporters Hardest Hit in Latest December Jobs Report – Blacks, Hispanics Woman & Young Adults Continue to Suffer with Unemployment
Hey Obama supporters, Blacks, Hispanics, Woman and Youth … How’s that Obama “Hopey-Changey” stuff working out for you?
The December Jobs report came out yesterday showed that the unemployment rate ticked up to 7.8%. Of course that does not even count the millions of individuals who have given up completely and stopped looking for work. What is most amazing that the very people who have supported Obama the most are the ones who have been adversely affected by the failed Obama jobs recovery. December’s Millennial jobs report for “Youth Unemployment” was miserable at 11.5%.
OBAMA THANKS YOU FOR HIS REELECTION, SUCKERS
- The overall unemployment rate for 18-29 year olds for December 2012 is 11.5 percent (NSA).
- The unemployment rate for 18-29 year old African-Americans for December 2012 is 22.1 percent (NSA)
- The unemployment rate for 18-29 year old Hispanics for December 2012 is 12.2 percent (NSA)
- The unemployment rate for 18–29 year old women for December 2012 is 10.4 percent (NSA).
The declining labor force participation rate has created an additional 1.7 million young adults that are not counted as “unemployed” by the U.S. Department of Labor because they are not in the labor force, meaning that those young people have given up looking for work due to the lack of jobs.
If the labor force participation rate were factored into the 18-29 unemployment calculations, the actual Millennial unemployment rate would rise to 16.3 percent (NSA).
Overall, blacks, Hispanics, Woman all increased in the December Jobs report from the November one:
Among the major worker groups, the unemployment rates for adult women
(7.3 percent) and blacks (14.0 percent) edged up in December, while
the rates for adult men (7.2 percent), teenagers (23.5 percent),
whites (6.9 percent), and Hispanics (9.6 percent) showed little or no
change. The jobless rate for Asians was 6.6 percent (not seasonally
adjusted), little changed from a year earlier.
Posted January 5, 2013 by Scared Monkeys
Barack Obama, class warfare, Economy, Epic Fail, Jobs, Labor Force, Recession, The Lying King, Unemployment | 4 comments
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4 Responses to “How’s that Hopey-Changey Stuff Working … Obama Supporters Hardest Hit in Latest December Jobs Report – Blacks, Hispanics Woman & Young Adults Continue to Suffer with Unemployment”
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All of this is in direct relation to the ability of those in the various groups to get themselves educated. Our schools are mostly a joke in the K-12 group and many colleges are just as bad with their concept of grade inflation.
Young people who cannot read, write, do math in their heads or speak the english language well will be the last employed and the first to loose a job in a economic downturn.
With a record that Obama has run up the last 4 years and unbelievable, even a Moron would vote for the most evil, deranged person on the planet but here he is again! He is a Fraud, should be in prison for all of his crimes he has committed and people still vote for him with NO JOBS AVAILABLE, HIGHEST TAXES EVER, NO HEALTHCARE, no logic to any of that, ALL POLITICS, and VERY CORRUPT, EVIL.
[...] Scared Monkeys explains how that hopey-changey stuff works [...]
[...] just make campaign promises and then one they have been elected, forget anything that was promised. Black and Hispanic unemployment is among the hardest hit by the failed Obama economy. But I thought Obama was going to fix all [...]