Jobless Rate Rises as Pace of Hiring Slows

The Wall Street Journal ^ | 06/03/11 | Luca DiLeo

[Former Proud Canadian]

I stopped believing government statistics a long time ago. "Real" unemployment percentage depends on how you define "real".

When you give unemployed people the hammock of food stamps, extended unemployment, retraining, etc. you skew the "real" stats even more.

Under my definition of unemployment, the US is probably closer to 20% than 10% right now. This will get worse as Obamanomics really kicks in. The monetary situation is headed for disaster in the next 18 months. Hussein will not survive the economic tsunami that is coming.

[Bloodclot]

Laser-Like Focus on Jobs since when? 2009?

[AceMineral]

That’s going back some.

[Deo volente]

No American president since Franklin Delano Roosevelt has won a second term in office when the unemployment rate on Election Day topped 7.2 percent.

[LibsRJerks]

Ah ..the destruction of the United States is coming along quite nicely. Such great Progress!

[kearnyirish2]

We can probably expect an all-out attack on another Muslim country as a distraction; apparently there is no downside at the polls, and a lot of potential upside, to bombing Muslims. People were starting to believe Obama was American after bin Laden was killed; they have to keep that momentum going.