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August 18, 2012

Obamanomics & Job Recovery … Unemployment rates rose in 44 U.S. states in July Including 9 Battleground States

Posted in: 2012 Elections,Barack Obama,Battle Ground States - Swing States,Economy,Epic Fail,Florida,Jobs,Michigan,New Hamsphire,Obamanation,Obamanomics,Ohio,Pennsylvania,Presidential Election,Unemployment,Virginia

Just more evidence that the Obama jobs recovery and Obamanomics has been an epic failure.

Not only did the national US unemployment rise from 8.2% to 8.3% in July, but also the unemployment rates rose in 44 US states. That includes the increase in the unemployment rates in 9 battleground states like Nevada, that saw the rate rise to 12%  in July from 11.6% and in Michigan, where the rate increased to 9% from 8.5%. Other battleground states that saw increases in the unemployment rates were Florida, Virginia, North Carolina, Iowa, Pennsylvania, Colorado, Wisconsin and New Hampshire.

Unemployment rates rose in 44 U.S. states in July, the most states to show a monthly increase in more than three years and a reflection of weak hiring nationwide.

The Labor Department said Friday that unemployment rates fell in only two states and were unchanged in four.

Unemployment rates rose in nine states that are considered battlegrounds in the presidential election. That trend, if it continued, could pose a threat to President Barack Obama’s re-election bid in less than three months.

Nationwide, hiring improved in July after three months of tepid job gains. But the national unemployment rate ticked up to 8.3 percent from 8.2 percent. Monthly job gains have averaged 150,000 this year. That’s barely enough to accommodate population growth. As a result, the unemployment rate is the same as when the year began.

What is Obama’s answer, more stimulus money for infrastructure projects. Obama code for giving jobs to union workers. Even though Obama said in the past when his previous stimulus plan was a failure, there were no shovel ready jobs then or now.  At best these are temporary jobs, not permanent.

More bad news for Obama and Democrats, Americans prefer the GOP to Democrats in trusting them to fix the economy.

Brian in a Blue State


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