The unemployment rate is bad -- and has been for sometime. Though President Obama promised his economic policies would make things better -- they haven't. A recent New York Times piece, "Job Losses Outweigh Obama's Successes", analyzes things:
On the evening of Dec. 3 last year, the Bureau of Labor Statistics sent an advance copy of the next morning’s jobs report to the White House. It’s standard procedure for top White House and Federal Reserve officials to get an early look at the numbers, but there was nothing standard about this particular report.
On the evening of Dec. 3 last year, the Bureau of Labor Statistics sent an advance copy of the next morning’s jobs report to the White House. It’s standard procedure for top White House and Federal Reserve officials to get an early look at the numbers, but there was nothing standard about this particular report.