Wednesday, July 22, 2009
The American Spectator : Obama Is Delaying the Economic Recovery
The American Spectator : Obama Is Delaying the Economic Recovery:
Unemployment continued to rise in June to 9.5%, with the loss of almost another half million jobs in the month (467,000). Stretches of the country can be considered in a depression, with the unemployment rate for Michigan at 15.2%, California 11.6%, Nevada 12.0%, Oregon 12.2%, Ohio 11.1%, North Carolina 11.0%, South Carolina 12.1%, Kentucky 10.9%, Tennessee 10.8%, and Indiana 10.7%. Over 100 urban areas now have unemployment rates over 10%."
Unemployment continued to rise in June to 9.5%, with the loss of almost another half million jobs in the month (467,000). Stretches of the country can be considered in a depression, with the unemployment rate for Michigan at 15.2%, California 11.6%, Nevada 12.0%, Oregon 12.2%, Ohio 11.1%, North Carolina 11.0%, South Carolina 12.1%, Kentucky 10.9%, Tennessee 10.8%, and Indiana 10.7%. Over 100 urban areas now have unemployment rates over 10%."
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