Friday, July 6, 2012

Black Unemployment Increases From 13.6% to 14.4%


The long, sad faces you’re seeing from our corrupt media have nothing to do with the bad news the unemployed received this morning (my wife among them). Nope, the media is sad for Barack Obama because job creation in June was way below expectations and the overall trend is downward. Thanks to Obama's failed policies, this great big beautiful country of ours created only 80,000 jobs last month, way below estimates that ranged in the 100,000 mark, some as high as over 150,000.

Hit hardest were the unemployed in the black community, where the unemployment rate increased from 13.6% in May to 14.4% in June. For black youths aged 16 to 19, the unemployment rate is now an astonishing 39.3%, up from 36.5% last month.

After an increase from 10.3% to 11.0% in May, the unemployment rate among Hispanics remained stuck at 11.0% in June.

According to CNN this is the weakest job quarter in three years.

More @ Breitbart

2 comments:

  1. Mr. Townsend,sometime`s I really believe we live in a nation of halfwit`s. It is beyond me how anyone can expect the very same people,THE VERY SAME people who caused a problem ,to now come up with a solution to undo it`s damage.

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  2. expect the very same people,THE VERY SAME people who caused a problem ,to now come up with a solution to undo it`s damage.

    The average soldier in the WBTS was better educated in the Classics, Bible and History than today's, even though many had little schooling.

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