- Mar 22, 2009
- Reaction score
- Political Leaning
Unemployment Drops to 9.5 Percent as 125,000 Jobs Are Shed in June
...President Obama said Friday....... "Make no mistake, we are headed in the right direction,..."
FOXNews.com - Unemployment Drops to 9.5 Percent as 125,000 Jobs Are Shed in June
Well the unemployment rate didn't actually decrease, there was a net job loss due the census job layoffs, the reason why it decreased was because more than 600,000 people simply gave up and left the work force. If this is the "right direction" I would hate to see the wrong direction.