More Americans Out of Work Now Than When Obama Took OfficeFriday September 07, 2012
WASHINGTON, D.C.—The August unemployment report showed a meager increase of 96,000 jobs since July, a number that hardly puts a nick in the overall unemployment rate that has remained above eight percent for 43 months in a row.
Idaho First District Congressman Raúl Labrador today responded to the unemployment report:
“Fewer Americans have jobs today than when President Obama took office in January of 2009. The president has made it his mantra to blame all of our economic troubles and his own failed policies on the previous administration but the fact is that after four years under this president, things have only gotten worse across our country.”
“The August report shows that overall unemployment dropped from 8.3 percent to 8.1 percent. But the overall rate of unemployment hasn’t dropped because more people are getting jobs, the rate has dropped because more people are giving up on finding jobs,” Labrador said. “When this same thing happened under President Bush, the Associated Press published headlines like, ‘Low Jobless Rate Reflects Lost Hope, Not Economic Rebound.’ Today’s ‘drop’ in unemployment is a result of people leaving the workforce, not joining it. In August alone hundreds of thousands of Americans left the workforce entirely. The president calls that ‘forward.’ I call that failure.”