Thursday, July 25, 2013

Unemployment still above 10% in 27 US metro areas-Gardiner on Obama's Knox flop

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7/24/13, "Barack Obama flops in Knox: the president’s speech was a train-wreck," UK Telegraph, Nile Gardiner

"With unemployment still above 10 percent in 27 major US metropolitan areas, and nearly one in six Americans living on food stamps, the economic record of this administration leaves much to be desired. Today in Illinois, President Obama spoke the language of decline, promising more of the same left-wing policies that have weakened US competitiveness, eroded economic freedom, and have saddled the world’s superpower with historic levels of debt. Americans deserve better than the failed statism that has bankrupted cities like Detroit, and threatens to do the same to the rest of the country." via Lucianne

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7/2/2013, "Unemployment Rate Still Above 10% in 27 US Metro Areas," WSJ, Jonathan House

"Unemployment fell in May from a year earlier in two-thirds of the nation’s 372 metropolitan areas, but 27 still had jobless rates in excess of 10%, the Labor Department said Tuesday. 

Eleven of these areas were in California, the country’s most-populous state, which continues to grapple with fallout from the housing-market downturn. El Centro, Calif., had one of the nation’s highest unemployment rates, at 22.8%, surpassed by Yuma, Ariz., at 30.8%."...


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