Unemployment Stays At 9.6%
10/8/2010 10:17:01 AM - Jillian Bandes
95,000 jobs were lost in September, according to the monthly report from the Bureau of Labor Statistics. That's unchanged from the jobs report in August.
The angle that everyone
is taking on this are the implications it has for President Obama.
The news puts President Obama and his party in an almost impossible position to convince America's 15 million unemployed workers to keep Democrats in charge of Congress.
That's a good point — keeping Dems in Congress is part of the reason we're suffering so much. But isn't the bigger story about the long-term suffering of Americans who are out of work? This is the 14th consecutive month unemployment has is above 9.5%, the worst streak since the '30s.