Worst. Jobs. President. Ever… Unemployment Rate Drops After 130,000 Americans Leave Jobs Market

Worst. Jobs. President since the Great Depression.
Unemployment dropped down to 7.7% in January.
After 130,000 Americans dropped out of the jobs market. (FOX News)
obama unemployment line

Via Drudge:
WHITES: 6.8% …
BLACKS: 13.8% …
TEENAGERS: 25.1% …

If you factor the underemployed with unemployed the unemployment rate is around 14% .
Yahoo reported:

U.S. employers ramped up hiring in February, adding 236,000 jobs and pushing the unemployment rate down to 7.7 percent from 7.9 percent in January. Stronger hiring shows businesses are confident about the economy, despite higher taxes and government spending cuts.

The government’s February employment report released Friday was filled with mostly encouraging details. The unemployment rate is now at its lowest level in four years. Hiring has averaged more than 200,000 per month since November. Wages increased. And the job gains were broad-based, led by the best construction hiring in six years.

One negative detail: Employers added fewer jobs in January than first estimated. Job gains were lowered to 119,000 from an initially reported 157,000. Still, December hiring was a little better than first thought, with 219,000 jobs added instead of 196,000.

The unemployment rate had been stuck at 7.8 percent or above since September. About half the decline in February occurred because more of the unemployed found jobs. A decline in the number of people looking for work accounted for the other half. People who aren’t looking for jobs aren’t counted as unemployed.

The economic recovery under Barack Obama is the worst in US history.
bush obama ue

Barack Obama is the worst jobs president since the Great Depression presiding over the worst recovery since the Great Depression.

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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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