Wednesday, May 12, 2010

"Very Encouraging News..."

"And today, I'm happy to report that we received some very encouraging news... I should also note that the unemployment rate ticked up slightly from 9.7 to 9.9 [percent]." President Obama, May 7, 2010.

Unemployed More Than 6 Months
Median length of unemployment:

January 2009: 10.6 weeks
April 2010: 21.6 weeks
May 1983 (highest prior to April 2009): 12.3 weeks

Source: St. Louis Fed
Posted by mail@reaganconservatives.us at 9:01 AM 1 comments
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