BBC News: Reports that 227,000 jobs were created in February in the US, but the US unemployment rate stayed at 8.3%. This was a good news day for the Obama Re Elect Campaign, they can stress that the Obama Administration is brining the US out of its recession. That’s the good news, the bad news is that people who had given up looking for work due to the lack of jobs will not start to look, this could lead as the Congressional Budget Office has predicted to the rate going back up to 9% or even 9.1% by 2013. Thus it will be interesting to see what impression takes hold with the US Voter, that the POTUS and his policies have worked or that Obama has failed, interesting few months ahead folks.
Friday, March 09, 2012
US Unemployment Rate and Obama
BBC News: Reports that 227,000 jobs were created in February in the US, but the US unemployment rate stayed at 8.3%. This was a good news day for the Obama Re Elect Campaign, they can stress that the Obama Administration is brining the US out of its recession. That’s the good news, the bad news is that people who had given up looking for work due to the lack of jobs will not start to look, this could lead as the Congressional Budget Office has predicted to the rate going back up to 9% or even 9.1% by 2013. Thus it will be interesting to see what impression takes hold with the US Voter, that the POTUS and his policies have worked or that Obama has failed, interesting few months ahead folks.
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