UNEMPLOYMENT RATE FOR JUNE 2011 … 9.2%, ONLY 18,000 JOBS CREATED!

Welcome to the failed economic policies of Barack Obama … the US added 18,000 jobs in June 2011. The unemployment rate for June 2011 went up .01% to 9.2%. OUCH!!! Take a look at the dismal unemployment numbers from the DOL. The unemployment rate is headed in the wrong direction and President Obama and Democrats talk about tax increases. Really?

Nonfarm payroll employment was essentially unchanged in June (+18,000), and the
unemployment rate was little changed at 9.2 percent, the U.S. Bureau of Labor
Statistics reported today. Employment in most major private-sector industries
changed little over the month. Government employment continued to trend down.

Household Survey Data

The number of unemployed persons (14.1 million) and the unemployment rate (9.2
percent) were essentially unchanged over the month. Since March, the number of
unemployed persons has increased by 545,000, and the unemployment rate has
risen by 0.4 percentage point. The labor force, at 153.4 million, changed
little over the month. (See table A-1.)

Among the major worker groups, the unemployment rates for adult men (9.1 percent),
adult women (8.0 percent), teenagers (24.5 percent), whites (8.1 percent), blacks
(16.2 percent), and Hispanics (11.6 percent) showed little or no change in June.
The jobless rate for Asians was 6.8 percent, not seasonally adjusted. (See tables
A-1, A-2, and A-3.)

Is it any wonder why just the other day Senior Obama political adviser Plouffe made the comment that the people will not vote based on the unemployment rate, trying to spin in advance these terrible economic numbers.  It’s time for all to admit that Barack Obama’s policies on the economy are a complete failure.