Unemployment at Highest Level Since Spring After Obama Victory


Elections have consequences. Vote for a liar and his magic beans who promises to spend trillions and plug the gap with insane fiscal policies that will turn America into Greece, and businesses will begin scaling down their operations, closing down and hiring fewer people or no people at all. Unemployment will go up. Benefit use will go up. And the Unemployer-in-Chief will demand higher taxes to pay for the bureaucracy that distributes the benefits which will drive out more businesses which will leave even fewer jobs. Then one day we’ll wake up to find out that we’re Sub-Saharan Africa and Greece is sending us foreign aid.

In completely unrelated news, the unemployment is now at its highest rate since the spring and rose sharply in November. But luckily nothing of any economic importance happened in November. Doubtlessly the December figures will look great and will serve to remind us that the recovery is underway. And by recovery, I mean a giant flaming crash of a recovery.

U.S. unemployment, as measured by Gallup without seasonal adjustment, was 7.8% for the month of November, up significantly from 7.0% for October. Gallup’s seasonally adjusted unemployment rate is 8.3%, nearly a one-point increase over October’s rate.

It is unclear what caused the increase in the unemployment rate in November, although some experts speculate that it was caused by jobs lost as a result of superstorm Sandy. It is also possible that lackluster holiday hiring is to blame.

What else happened in November? We’ll never know.

  • JCS

    Well, if Nobama had not been elected unemployment would have jumped to over 10% in November, right? Just like Nobama said in the debates that he personally had cut the deficit by $4 trillion bucks.

  • Mary Sue

    Just wait til the end of the 4 years are up. Unemployment will be so high they'll need to get a new chart to measure it.

  • JacksonPearson

    Unemployment will rise even higher in 2013 when Obama-Care takes hold.

    IMO, many Americans that are living on the fringe, will be going over the falls and become government wards living in Obamavilles. Obama doesn't have a clue as to what it takes to make America's economic engine run. Pitifully, all he appears to understand, is how to redistribute other peoples monies, a La Karl Marx.

    • objectivefactsmatter

      "Unemployment will rise even higher in 2013 when Obama-Care takes hold. "

      And they'll blame the right who paradoxically stand in their way of making it worse. The MSM will go along and by and large virtually every liberal will believe it all.

  • BLJ

    Not only does Obama lie. He also steals elections. We need an "Arab Spring" in this country.

    • objectivefactsmatter

      "Not only does Obama lie. He also steals elections. We need an "Arab Spring" in this country."

      We need more aggressive constitutional lawyers to step up and do their duty to this once-great nation.

  • SoCalMike

    Don't hold your breath for false prophets to ever accurately report unemployment numbers again,
    If they did, Axelrod might show up and threaten legal action.
    The real unemployment numbers have been in double digits for years but we don't have a press corps that values or seeks truth.
    And forget the parasites at the Dept of Labor to tell the truth.

    • objectivefactsmatter

      "Don't hold your breath for false prophets to ever accurately report unemployment numbers again,
      If they did, Axelrod might show up and threaten legal action. "

      Don't forget to wait for 0'Bama and others to apologize to Colonel West, but don't hold your breath while waiting.

  • objectivefactsmatter

    Liberal excuse-makers all over the web:

    "Right-wingers are firing people in revenge for electing 0'Bama. That's how much they hate this country."