An Ol' Broad's Ramblings

Obama = FAIL

3 June 2011, 7:20 am. 2 Comments. Filed under Dhimmicrats, Economy.

Employers Add Just 54,000 Jobs in May, Unemployment Rate Rises to 9.1 Percent

Employers hired only 54,000 new workers in May, the fewest in eight months, and the unemployment rate rose to 9.1 percent.

The Labor Department report offered startling evidence that the U.S. economy is slowing, hampered by high gas prices and natural disasters in Japan that have hurt U.S. manufacturers.

The pace of hiring has weakened dramatically from the previous three months, when the economy added an average of 220,000 new jobs. Private companies hired only 83,000 new workers in May — the fewest in nearly a year.

Stock futures plunged after the report was released.

What more can be said? The administration has done everything it can to insure that the economy won’t recover.

If you enjoyed this post, make sure you subscribe to my RSS feed!
EmailDeliciousFacebookStumbleUponLinkedInShare

2 Comments »

  1. Pat. 3 June 2011, 12:15 pm

    And they’re still blaming it on Bush.
    Pitiful!

  2. olbroad. 3 June 2011, 12:47 pm

    Both the ‘blame Bush’ and the race card have been so overplayed, reasonably intelligent people finally realize…..they are way full up with caca de toro!