In typical Obama fashion, and true to his pattern of narcissism and lies, Obama speaks to a group at Lorain County Community College in Elyria, Ohio, today, January 22, 2010. Obama, whose socialist, big spending programs have greatly worsened the job situation and bleakened the outlook for job creation, has the gall to say ”I’ll never stop fighting for an economy where hard work is rewarded” just as a new report was released indicating that unemployment rates rose in 43 states in December.
From Fox News, January 22, 2010.
“Unemployment Up in 43 States in December”
“Unemployment rates rose in 43 states last month, the government said Friday, painting a bleak picture of the job market and illustrating nationwide data released two weeks ago.”
“WASHINGTON — Unemployment rates rose in 43 states last month, the government said Friday, painting a bleak picture of the job market and illustrating nationwide data released two weeks ago.
The rise in joblessness was a sharp change from November, when 36 states said their unemployment rates fell. Four states — South Carolina, Delaware, Florida and North Carolina — reported record-high jobless rates in December.
New Jersey’s rate, meanwhile, rose to a 33-year high of 10.1 percent while New York’s reached a 26-year high of 9 percent.
Analysts said the report showed the economy is recovering at too weak a pace to generate consistent job creation.
“A lot of states that had started to add jobs (in November) gave up those gains in December,” said Sophia Koropeckyj, managing director at Moody’s Economy.com.
Texas and Georgia lost more jobs in December than they had gained the previous month, she noted, while Arizona and South Carolina lost nearly as many as they had gained.
That is consistent with nationwide trends. Employers shed a net total of 85,00 jobs in December, the government said earlier this month, after notching a small gain of 4,000 jobs in November.”
“Nationally, more than 600,000 people left the labor force in December, according to government data. The large exodus from the labor force indicates that “unemployment is a lot worse than the numbers suggest,” Koropeckyj said.”