Posted on 07/17/2009 9:20:40 AM PDT by Oldeconomybuyer
WASHINGTON — Unemployment topped 10 percent in 15 states and the District of Columbia last month, according to federal data released Friday. The rate in Michigan surpassed 15 percent, the first time any state hit that mark since 1984.
The Federal Reserve this week projected that the national unemployment rate, currently at a 26-year high of 9.5 percent, will pass 10 percent by the end of the year. Most Fed policymakers said it could take "five or six years" for the economy and the labor market to get back on a path of long-term health. To get there, consumers must return to a regular spending groove and housing prices need to start rising again.
(Excerpt) Read more at google.com ...
Obama’s fault.
I wish the unemployment rate in WAshington D.C. was a little higher - by say, 100 Senators and howevermany Representatives there are, plus the President and his staff.
Dream on.
Joe Biden: ‘We Have to Go Spend Money to Keep From Going Bankrupt’
Maybe they have watched too many Star Trek episodes and think we are ready to be done with money.
Would not be surprising but could be enlightening
When the Congressional Budget Office itself flatly states the current level of spending is unsustainable, that certainly portends collapse.
Fox news just reported Texas unemployment is at 7.5% now.
Of the 15 states-10 went for Obama-
Michigan, California, Florida,
Illinois, Indiana, Nevada,
North Carolina, ,
Rhode Island, Ohio and Oregon.
Louisiana, Georgia, Tennessee, South Carolina and Alabama voted for McCain.
Would any pollster dare ask the question-If you had it to do over again,
would you still vote for Obama ?
I’d like to poll the recently unemployed that voted for Obammy. Still all Hopey/Changey inside?
Hey, Barry....how’s that stimulus program working for ya?
OMG....that is is SCARY picture...both of those people on one face.
We have to get higher unemployment numbers to save jobs - Joe Biden
What explains the high unemployment in DC???? The only industry in town, the Feds, are NOT laying off, they are hiring.
Monthly Rankings
Seasonally Adjusted
Rank State Rate
1 NORTH DAKOTA 4.2
2 NEBRASKA 5.0
3 SOUTH DAKOTA 5.1
4 UTAH 5.7
5 WYOMING 5.9
6 IOWA 6.2
7 OKLAHOMA 6.3
8 MONTANA 6.4
9 LOUISIANA 6.8
9 NEW HAMPSHIRE 6.8
9 NEW MEXICO 6.8
12 KANSAS 7.0
13 VERMONT 7.1
14 ARKANSAS 7.2
14 VIRGINIA 7.2
16 MARYLAND 7.3
17 HAWAII 7.4
18 TEXAS 7.5
19 COLORADO 7.6
20 CONNECTICUT 8.0
21 PENNSYLVANIA 8.3
22 ALASKA 8.4
22 DELAWARE 8.4
22 IDAHO 8.4
22 MINNESOTA 8.4
26 MAINE 8.5
27 MASSACHUSETTS 8.6
28 ARIZONA 8.7
28 NEW YORK 8.7
30 MISSISSIPPI 9.0
30 WISCONSIN 9.0
32 NEW JERSEY 9.2
32 WEST VIRGINIA 9.2
34 MISSOURI 9.3
34 WASHINGTON 9.3
36 ALABAMA 10.1
36 GEORGIA 10.1
38 ILLINOIS 10.3
39 FLORIDA 10.6
40 INDIANA 10.7
41 TENNESSEE 10.8
42 DISTRICT OF COLUMBIA 10.9
42 KENTUCKY 10.9
44 NORTH CAROLINA 11.0
45 OHIO 11.1
46 CALIFORNIA 11.6
47 NEVADA 12.0
48 SOUTH CAROLINA 12.1
49 OREGON 12.2
50 RHODE ISLAND 12.4
51 MICHIGAN 15.2
p = preliminary.
NOTE: Rates shown are a percentage of the labor force. Data refer to place of residence. Estimates for the current month are subject to revision the following month.
Last Modified Date: July 17, 2009
Doesn’t matter. Obama could reveal a national plan to have armed thugs ravish all families and the White House switchboard would be flooded with calls from leftists wanting to be first.
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