Sunday, August 19, 2012

Unemployment Rate Rises in 44 States

Honestly, I am amazed that Obama is polling above 5% because he has done so much damage to our country in so many ways. It's hard to believe the American electorate would be stupid enough to fall for his propaganda, diversions and lies and vote for him in November. Oh, wait... the majority of the electorate did give the Marxist the keys to the White House in 2008, didn't they? Yes, they are stupid enough to do it again.

I'm beginning to think each voter should be required to pass a test about current events before being allowed to vote because our entire nation is at the mercy of the uninformed, ignorant and careless voter along with the Democrat dead, their pets and the Democrat double-voter in every election. - Reggie

Close to 90 percent of states saw their unemployment rates rise in July, a potentially worrisome development for President Obama’s reelection campaign.

The Labor Department reported Friday that 44 states in all saw their jobless rate go up, with four states seeing no change at all. Only Idaho and Rhode Island — along with Washington, D.C. — saw their rates drop last month.

The economy added 163,000 jobs in July, the Labor Department said earlier this month, a figure that beat expectations and outpaced the sluggish job growth of the previous three months.

But Republicans also latched on to the fact that the national unemployment rate ticked back up, from 8.2 percent to 8.3 percent.

The strength of the job market and the economy at large is still expected to play a key role in November’s match-up between Obama and the presumptive GOP presidential nominee, Mitt Romney.

At the same time, Romney’s recent choice of Rep. Paul Ryan (R-Wis.), the House GOP’s budget guru, as his running mate also appears to have brought issues like Medicare and budget deficits more to the forefront of the campaign.

Even though the unemployment rate remains north of 8 percent, some analysts expected Obama to get a boost because many of the swing states that both campaigns are targeting have jobless rates below the national average.

Read the full article

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