Close to 90 percent of states saw their unemployment rates rise in July, a potentially worrisome development for President Obama’s reelection campaign.
The Labor Department reported Friday that 44 states in all saw their jobless rate go up, with four states seeing no change at all. Only Idaho and Rhode Island — along with Washington, D.C. — saw their rates drop last month.
The economy added 163,000 jobs in July, the Labor Department said earlier this month, a figure that beat expectations and outpaced the sluggish job growth of the previous three months.
But Republicans also latched on to the fact that the national unemployment rate ticked back up, from 8.2 percent to 8.3 percent.
The strength of the job market and the economy at large is still expected to play a key role in November’s match-up between Obama and the presumptive GOP presidential nominee, Mitt Romney.
I can explain it to you but I can't understand it for you.
"Any man who thinks he can be happy and prosperous by letting the Government take care of him; better take a closer look at the American Indian." - Henry Ford
Corruptissima re publica plurimae leges; When the Republic is at its most corrupt the laws are most numerous. - Publius Cornelius Tacitus
Google just announced layoffs of 4000 people. Military contractors are preparing to lay people off. And our Iraqi and Afghani veterans are being released from the service against their will. Bright times abase.
Thomas Sowell: There are no solutions, just trade-offs.