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Recovery Summer Continues at a Brisk 9.5%

August 6, 2010

The U3 rate (those without jobs who are still actively looking for them) for July was 9.5%, which is steady from June.  Stocks are a little shaky today on the news of still more lost jobs.  For the record, here’s a chart of U3 rates for Obama’s presidency: Obama Nation Unemployment Rate January 2009- July [...]

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At 9.5%, Let the Recovery Summer Begin!

July 2, 2010

The unemployment rate unexpectedly fell to 9.5% in June as President Obama declared, “Make no mistake, we are headed in the right direction,” though he’d like us to be moving in that direction faster. But, economics ain’t that simple sometimes. The economy lost jobs in June, but the unemployment rate nonetheless went down from 9.7% [...]

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