Friday, June 5, 2009
Unemployment Hits 9.4% Obama Administration Claims Weakness In Economy Diminishing
April's Jobless Claims hit 8.5%
Economists predicted that unemployment during Obama's watch would only worsen.
Last Month's Jobless Claims rose to 9.4% a 25 year high
but the Obama Administration Labor Dept. spin machine claims that the news isn't so bleak. Employers cut fewer jobs than at the beginning of the year which demonstrates the weakness in the economy diminishing.
Temp Work Masks 16.4% Unemployment Rate
Ms. Cristy Li