August unemployment rate at 8.1%.
Mitt Romney claimed,
For every net new job created, nearly four Americans gave up looking for work entirely. This is more of the same for middle class families who are suffering through the worst economic recovery since the Great Depression. After 43 straight months of unemployment above 8 percent, it is clear that President Obama just hasn’t lived up to his promises and his policies haven’t worked. We aren’t better off than they were four years ago.”
CBO: Under Current Law, Unemployment Will Rise Next Year to 9.1%
n a report released on Aug. 22, An Update to the Budget and Economic Outlook: Fiscal Years 2012 to 2022, CBO’s baseline projections show that by the fourth quarter of 2013 the national unemployment rate will be 9.1 percent.
http://cnsnews.com/news/article/cbo-under-current-law-unemployment-will-rise-next-year-91
No matter how they try to spin it, Obama’s stimulas didn’t help one bit. People are giving up and I can’t imagine how that feels.
Flashback: Obama Attacks Bush Over Employment Report Showing Gains Of 300,000 Jobs…