I dont remember them spinning unemployment data quite this way back when George W Bush was President....here's what they said when it hit a whopping 5%
---- Hiring practically stalled in December, driving the nation’s unemployment rate up to a two-year high of 5 percent and fanning fears of a recession.
Employers last month added the fewest new jobs to their payrolls in more than four years, according to the employment report released Friday by the Labor Department. The report showed that employment conditions are deteriorating, strained by a housing slump and credit crunch that are sapping economic strength.
“The economy is getting hit by some body blows. The big question is whether the economy can withstand it or will it take a fall,” said Ken Mayland, president of ClearView Economics.
A CNN headline read “Jobs weak, unemployment soars”
Yet after a year and a half of Obama policies, the unemployment rate is still almost 10% BUT its reported much differently.
You now have to research the news to make sure they are telling you the truth.
H/T Ace of Spades, Start Thinking Right