President Obama will discuss the latest spike in the unemployment rate at 10:35 a.m., according to a change in the White House schedule.
If you watch TOTUS read his speech please tell us what you thought. (Feel free to use profanity.)
Job growth came to nearly to a halt in June, the federal government said Friday in surprisingly grim new data — an alarming challenge to predictions that the economy would bounce back later this year.
Employers added 18,000 jobs last month, a trivial number in a country with 150 million workers, and the unemployment rate rose to 9.2 percent from 9.1 percent. It was a far worse result than expected–economists had forecast 105,000 new jobs.
Make the jump for the good news:
We are one month closer to the end of the Dick administration.