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November 6, 2009

Labor report: Unemployment Edges Toward 10 Percent (Updated - 10.2%)

Topics: Political News and commentaries

The government releasew its monthly employment report today and the AP reports that the nation's economy probably lost a net total of 175,000 jobs in October, pushing the unemployment rate to 9.9 percent.

Ah, the wonders of Obanomics and Hopenchange. But puhleese, don't question Dear Leader's competency.

Update: Fox News just reported that unemployment actually jumped to 10.2%. We can all now anxiously wait Team Obambi's spin on this.

Related:
Obama in Feb.: Without Stimulus Bill, 'Unemployment will approach double digits.'
Destroying More Jobs Cannot Wait Until Monday

Posted by Abdul at November 6, 2009 8:36 AM



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