August Jobs Report – Unemployment Up to 9.6%

The jobs report is in and it's not good.  The unemployment rate went from 9.5% to 9.6%.  So what the hell is Obama talking about? In a jaw dropping statement quoted by Jake Tapper over at ABC, Obama said: “This morning, new figures show the economy produced 67,000 private sector jobs in August, the eighth consecutive month of private job growth.  Additionally, the numbers … [Read more...]