Friday, September 3, 2010

Obama's Epic Failure - August Edition

Today, the BLS reports:
“Private-sector payroll employment continued
to trend up modestly (+67,000).”
Two days ago, ADP reported:
“Private-sector employment decreased by 10,000
from July to August on a seasonally adjusted basis”
Which report do YOU believe?

Either way, the BLS reports that the unemployment rate increased from 9.5% in July to 9.6% in August -- WAY above the roughly 7.2% Obama promised for this time frame if Congress passed his so-called “Stimulus Package” (before even ONE of them read the damn thing).

Meantime, even the BLS grudgingly admits
we lost 54,000 non-farm jobs in August.
Click the image & review the report:

Click the image & review the report
Note the trend over the last three months.
Click here & compare the GDP trend to the employment trend.
Click here for more on Obama’s Epic Failure.

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