Sunday, May 8, 2011

Stuck In The Mud
Front Six: Unemployment
Obama’s Economic Policies Have Left The Nation’s Economy Sputtering On Several Fronts....
                                                          Series
                                                      Front: Six

                                     AND ARE STILL NOT WORKING
Applications For Unemployment Benefits Jumped 25,000 To A Seasonally Adjusted 429,000 For The Week Ending April 23, The Labor Department Said Thursday. That's The Highest Total Since Late January.” (Christopher S. Rugaber, “More People Applied For Unemployment Benefits,” The Associated Press,4/28/11)
8.2 Million People Received Unemployment Benefits In The First Week Of April. “More than 3.6 million people are receiving unemployment benefits from regular state unemployment programs. Millions more are receiving aid under emergency programs put in place by Congress during the recession. All told, 8.2 million people obtained unemployment benefits in the week ended April 9, the latest data available.” (Christopher S. Rugaber, “More People Applied For Unemployment Benefits,” The Associated Press,4/28/11)

Under Obama’s Presidency, The Unemployment Rate Has Remained Above 8 Percent For 26 Straight Months.(Bureau Of Labor Statistics Website, www.bls.gov, Accessed 4/1/11)

“Black Unemployment At Depression Level Highs In Some Cities.” (Janell Ross, “Black Unemployment At Depression Level Highs In Some Cities,” The Huffington Post, 4/27/11)

· “Only 12 Percent Of All Americans Are Black, But Working-Age Black Americans Comprise Nearly 21 Percent Of The Nation’s Unemployed, According To Federal Data.” (Janell Ross, “Black Unemployment At Depression Level Highs In Some Cities,” The Huffington Post, 4/27/11)

“Bernanke Said The Fed Can't Take Further Steps To Try To Reduce Unemployment Without Risking Higher Inflation.” (Christopher S. Rugaber, “More People Applied For Unemployment Benefits,” The Associated Press,4/28/11)

Source: Research Republican National Committee, www.gop.com