Awful. US April Unemployment Rate Jumps Back Up to 9.0% …Update: 1 of 4 Jobs Were Created By McDonald’s

Worst. Jobs. President. Ever.
The US unemployment rate jumped back up to 9.0% in April the first increase since November.

Barack Obama is the worst jobs president since the Great Depression.

Market Watch reported:

The U.S. economy gained 244,000 jobs in April, the biggest increase in almost a year, but the nation’s unemployment rate rose to 9.0% , according to government data. Economists surveyed by MarketWatch predicted a net gain of 175,000 jobs. Payrolls for March and February, based on a survey of business establishments, were also revised up by a combined 41,000, the Labor Department reported Friday. Yet a separate survey of U.S. households found that the labor force declined in April by 190,000 to 139.7 million, pushing the jobless rate up to 9.0% from 8.8% in March. It was the first increase since last November.

McDonald’s created one quarter of the jobs last month.

The US jobless claims this week also “unexpectedly” jumped to an 8 month high.
This doesn’t look good:

The trend does not look promising.

The percent of Americans working is the lowest since the early Ronald Reagan thanks to Barack Obama’s disastrous economic policies.

UPDATE: Here is the updated graph of where the unemployment rate is today versus where Obama told us it would be at when the stimulus was passed.

Hat Tip BB

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Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

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Thanks for sharing!