Job growth under Obama has been the slowest of any recovery since the Great Depression. As a result, only 58% of the civilian working age population is working, the lowest since the late 1970s. Investors Business Daily reports that the rate of new business start-ups, historically the source of most new jobs, has plunged to an all time low of 7.87% of all businesses. These are the reasons why over half of recent college graduates under 25 are jobless or underemployed, and 3 in 10 young adults can't find jobs and live with their parents, the highest since the 1950s. Obama's campaign slogan is "For[ making yo a ]ward[ of da state]," but under his misleadership America is hurtling backward to the past....
Unemployment for African Americans under Obama has been well into depression level double digits for his entire term, remaining today still at 13.6%. Black teenagers continue to suffer depression unemployment at 37%. Hispanics too have suffered long term double digit unemployment under Obama, still stuck at 11% in May.
The Blaze
Post a Comment