Unemployment Rate Same Today As It Was When Obama First Took Office

President Barack Obama is greeted by Rev. Luis Leon as he arrives at St. John's Church on Jan. 21, 2013 in Washington, DC, hours before Obama participates in a ceremonial swearing in for a second term in office. (credit: NICHOLAS KAMM/AFP/Getty Images)

President Barack Obama is greeted by Rev. Luis Leon as he arrives at St. John’s Church on Jan. 21, 2013 in Washington, DC, hours before Obama participates in a ceremonial swearing in for a second term in office. (credit: NICHOLAS KAMM/AFP/Getty Images)

WASHINGTON (CBSDC/AP) — Even though much has changed the past four years, President Barack Obama begins his second term with one thing that hasn’t: the unemployment rate.

When Obama first took office in January 2009, the unemployment rate was 7.8 percent. Today the unemployment rate is once again at 7.8 percent.

The unemployment rate rose as high as 10 percent during Obama’s first term before falling back down to 7.8 percent last November.

Unemployment rates fell in less than half of U.S. states last month, as steady but slow hiring is making only gradual improvement in the job market.

The Labor Department said Friday that rates fell in 22 states in December and rose in 16. They were unchanged in 12.

The department’s monthly report also shows that steady hiring nationwide in the past two years has lowered the unemployment rate in many parts of the country. The rate is now below 7 percent in 25 states. And some of the states hardest hit in the recession have seen solid gains.

Obama has prepared a second inaugural address that broadly lays out his vision for the country’s future, setting the stage for looming debates over taxes, guns, immigration and other issues while leaving the details for another day.

The speech, slated right after Obama takes an oath to “faithfully execute the office of the president of the United States” Monday on the Capitol’s west front, includes no new policy, aides say. Rather, the president plans to use the moment as it traditionally has been in most of the 56 previous inaugurations — to talk about founding American values and their importance to the country’s success today.

MORE HERE

GALLON OF GAS:

1/20/09 -- $1.84

1/21/13 -- $3.26

Views: 52

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

tjdavis posted videos
7 hours ago
Doc Vega posted blog posts
15 hours ago
Doc Vega commented on Doc Vega's blog post To Each and every One of you here Happy Thanksgiving
"cheeki kea that was damn funny and cute. Always appreciate your insights and memes! Wish I had a…"
17 hours ago
Ray99kibz left a comment for Less Prone
"Thanks I am glad to be here."
Monday
alux junes posted a status
"??"
Monday
Elementisfire left a comment for Less Prone
"Sorry for the long wait"
Monday
Elementisfire and Less Prone are now friends
Monday
tjdavis posted photos
Sunday
tjdavis posted a video

Stink full movie

documentary on dangerous chemical ingredients found in everyday products
Sunday
Douglas Gordon is now a member of 12160 Social Network
Saturday
tjdavis posted a video

Revolution (1968) scenes featuring Today Louise Malone

Some clips from Jack O'Connell's Revolution (1968), featuring the one and only Today Louise Malone.
Friday
cheeki kea replied to cheeki kea's discussion Tartaria
"This screenshot is from a book found by a blogger in his research and gives an eye witnessed…"
Thursday
cheeki kea commented on Doc Vega's blog post To Each and every One of you here Happy Thanksgiving
Nov 27
Doc Vega posted blog posts
Nov 26
Doc Vega commented on tjdavis's video
Thumbnail

The Hunt - Official Trailer [HD]

"A former ANTIFA member was interviewed here recently and this would not be far from actual reality…"
Nov 24
Doc Vega posted blog posts
Nov 24
tjdavis posted videos
Nov 24
tjdavis posted a blog post
Nov 24
tjdavis posted a photo
Nov 24
Doc Vega posted a blog post

Legacy of Supposedly Inferior Aircraft Outmatching Their Enemies

 We think of the Korean War aerial combat as the classic dogfights between the American F-86 Sabre…See More
Nov 22

© 2025   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted