Unemployment Drops To 9-Year Low Under President Obama Contrary to what the Republicans would have you believe, the American economy has improved since President Obama took office. According to White House reports, unemployment dropped to a 9-year low under the current administration… The economy added a solid 178,000 jobs in November as the longest streak of total job growth on record continued. U.S. businesses have now added 15.6 million jobs since early 2010. The unemployment rate fell to 4.6 percent in November, its lowest level since August 2007, and the broadest measure of underemployment fell for the second month in a row. Average hourly earnings for private employees have increased at an annual rate of 2.7 percent so far in 2016, faster than the pace of inflation. Nevertheless, more work remains to ensure that the benefits of the recovery are broadly shared, including opening new markets to U.S. exports; taking steps to spur competition to benefit consumers, workers, and entrepreneurs; and raising the minimum wage. Thanks Barry!
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We’ll Miss You: Unemployment Drops To 9-Year Low Under President Obama’s Administration
