[Red in Blue PA]

The cap and trade bill should help this.

[ScottinVA]

“If laid-off workers who have given up looking for new jobs or have settled for part-time work are included, the unemployment rate would have been 16.5 percent in June, the highest on records dating to 1994.”

That’s the critical piece right there. Good job, zer0. Thanks for all the effing hope and change.

[Need4Truth]

the economy's road to recovery will be a bumpy one.

Are we even on the "road to recovery"?

[MikeWUSAF]

[jersey117]

TRY TO ATTEND A TEA PARTY IN YOUR AREA ON INDEPENDENCE DAY!

ttp://www.teapartyday.com/Locations.aspx

[ScottinVA]

If the triple whammy of Cap and Tax, ObieCare and other tax hikes come to pass, double-digit (or near-double-digit) unemployment will be a chronic presence in our economy, just like Europe.

[freekitty]

I wish people would report the real unemployment numbers. We all know it has reached double digit.

[The Great RJ]

With cap and trade my bet is 15% unemployment. Bambi will easily make double digit unemployment in the next quarter.

[Need4Truth]

“Employers in the U.S. cut 467,000 jobs in June, the unemployment rate rose and hourly earnings stagnated, offering little evidence the Obama administration’s stimulus package is shoring up the labor market.”

http://www.bloomberg.com/apps/news?pid=20601087&sid=aDYh1lB6dk2I

Porkulus is failing but we already knew that.

[ScottinVA]

Memo to the nation’s 0-bots:

It’s. Not. Working.

[Moose4]

How’s that hope and change workin’ for ya, O-bots?

}:-)4

[NMEwithin]

“Green Jobs” people...not to worry...

[ScottinVA]

Sad part of all this is we could be well on the way to true recovery, had the feds sliced taxes across the board. It would’ve cost a fraction of Porkulus and it would’ve immediate caused a needed influx of dollars (EXISTING, not NEWLY PRINTED) dollars into the economy.

But, alas, it’s not the liberal way.

[RetiredArmy]

HEY!!!! I thought the Muslin Chicago gangland thug was SUPPOSE to fix all this????????

[counterpunch]

[CodeMasterPhilzar]

People, people... This can't be right! obama promised us that without porkus unemployment would top 9 percent. However, if we (ie. our gullible foolish Congress) would pass porkus, why then it wouldn't top 8 percent. ;-/

Surely obama wasn't lying? (ha!) Surely he knows what he's doing (ha!)...

[Oldeconomybuyer]

[SoFloFreeper]

Mainstream media will say this proves Obama’s plan is working, as the rate “should” have gone to 9.6%...now it is only 9.5%.

What they’ll ignore is Obama’s assertion that if the stimulus DID pass (which it did), unemployment would not rise above 8%.

[hoosier hick]

Curious numbers:

Expected job losses: 363,000
Actual job losses: 467,000

Expected unemployment rate: 9.6%
Reported unemployment rate: 9.5%

So we lose 103,000 more jobs than expected, and the unemployment rate goes up less than expected? Looks like the White House "removed" some workers from the pool again (or else "created or saved" several thousand jobs)....

hh

[Erik Latranyi]

Detroit is now over 24% unemployed!

Thanks UAW! Thanks President Obama! Thanks Democrats!

[NoObamaFightForConservatives]

Im sure 0bama and Soros are thrilled.

[spectre]

Keep it up, Obama. CEO's have been fired with a better record than you.

sw

[Tarpon]

Slavery, debt so high that it can never be repaid.

[cranked]

Obama says stimulus has “done its job”......

[sunmars]

Wow that Amazing Obama Mesiah economic recovery is looking real good right now ain’t it.

Can’t blame Bush on this one, you chump, you been there 6 months, its your show now.

[Big Horn]

Most of the laid off workers probably voted for him.

[P.O.E.]

Time to blame the free market /sarc

[SoFloFreeper]

Here's what happened.

[St. Louis Conservative]

I heard Christina “Little Lotta” Romer on CNBC this morning. She was hemming and hawing and spinning, saying “Obama has taken the necessary steps” and they ‘inherited’ a huge mess.....blah blah blah

[PGalt]

It is impossible to introduce into society a greater change and a greater evil than this: the conversion of the law into an instrument of plunder. Frédéric Bastiat 1801-1850, "The Law"

Anti-individual, anti-freedom socialists/collectivists are in full "legal plunder" mode.

[AFPhys]

Nation’s Unemployment Rate Climbs to 26-Year High at 9.5 Percent

-—<>-—<>-—<>-—<>-—<>-—

Congratulations, SNOBama! You got the change part done! Half way there! Now if we can only get the country green and healthy, we’re all going to be rolling in it! I can easily see a return to 30’s style unemployment figures with this congress and WH!

[golden PPK]

In the Obama economy the only thing that seems to be thriving is unemployment and terrorism.

[TheDailyChange]

How is that HOPE and CHANGE working for ya know?

Obama said the Stimulus bill has worked – REALLY?
http://www.thedailychange.com/obama-said-the-stimulus-bill-has-worked-%E2%80%93-really/

[FDNYRHEROES]

All that money spent on stimulus and right now only Michael Jackson is “Shovel-Ready”...

[rabscuttle385]

*Ping!*

[tet68]

Companies are expected to keep shedding jobs through the rest of this year, but economists hope the pace will continue to taper off.

Eventually they will just go under.
I retired last year but my former employer
had to let half the workforce go in order to keep
a skeleton crew on. Now they are at reduced hours at
a four day week, I honestly don’t know how he is keeping
the doors open.

I cannot help but feel this whole mess would have been over by now with a different person in the White house.

[wastedyears]

We’ll hit 10% before fall, and 11% before January 1st.

[cyberian_cartoon]

Why is this in Breaking News??? Where the heck is Bagdhad Bob when you need him?

[b4its2late]

This news flatlined the S&P and the Dow.

[drierice]

Half million jobs lost or “not saved.”

[Goldie Lurks]

Yes We Did! Yes We Did! Yes We Did! Yes We Did!

[Munz]

The Fuhrer Obama will be pleased .....

[Danae]

Make Democrats OWN this.

[Excuse_My_Bellicosity]

Change you can believe in.

And when cap & trade makes this even worse, Hussein will give the Jimmy Carter explanation: our best days are behind us, this is the economy of the future, we're just going to have to live with this because that's how things are, blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah.....

[mrsixpack36]

9 percent? I will take that! Here in michigan, we have already been “blown away” at 15 percent or so....

[matthew fuller]

The Godless Abomination has deliberately transformed an inherited disaster into a catastrophe, rapidly approaching Apocalypse. If he continues in office, the country as we knew it is done. The same can be said of the Congress. Please view this "New Thomas Paine" video on U-Tube, Six and a half minutes.

http://www.youtube.com/watch?v=jeYscnFpEyA

[ElkGroveDan]

Well we voted for “change”. This certainly is a change.

[SkyPilot]

[C210N]

Does unemployment wrap around back to 0? Perhaps -2bama’s plan is to get it up really high, like 98%, 99%.. and then it will go back to 0. Of course, his economic advisors will recommend he continues a bit beyond 0, to a comfortable 4 or 5%.

[LUV W]

Economy=Employment