OBAMANOMICS: Unemployment Rate increased to 9.2%

President Obama found a way to blame everyone else except his own economic policy.  Obama says that Business don’t want to add jobs because Republicans have delayed raising the debt ceiling.  Keep in mind that just a couple of weeks ago Democratic National Committee Chair Debbie Wasserman Schwartz said Democrats own the Economy.

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.)

via OBAMANOMICS … Unemployment Rate up to 9.2% for June 2011, Only 18,000 Jobs Created | Scared Monkeys.

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