It's Still The Economy, Stupid


Thursday, July 03, 2003  

The Unemployment Circle is Almost Complete

Bush II is inching closer and closer to the unemployment levels that Bush I attained, with unemployment now reaching a level not seen since 1994:

Unemployment rose to 6.4 percent from 6.1 percent in May, the Labor Department said. That's the highest level since April 1994.

AB

UPDATE: Via Atrios, this interesting bit of additional information: "... almost all of that jump [in unemployment] being due to female black over 20 unemployment rising from 8.0 to 9.8%." I wonder what this implies for the level of attention the White House will give this mounting problem.

posted by Angry Bear | 10:19 AM |
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