Tuesday, April 5, 2011

Unemployment and Republicans: Unemployment gains tricky for Republicans - latimes.com


Unemployment and Republicans: Unemployment gains tricky for Republicans - latimes.com

Reporting from Washington— The news that unemployment dropped again amid signs that the economy is gaining steam arrives at a perilous moment for the GOP, which has fashioned much of its political message around the argument that President Obama's policies suppress job growth.

According to the Labor Department, the jobless rate has dropped a full percentage point — to 8.8% — since November 2010, coincidentally when the GOP made its major gains in Congress and seized control of the House.

Key Republicans reacted Friday by saying the numbers were good, but not good enough. But given the state of play on Capitol Hill, with a government shutdown looming and a Republican bloodthirst for more spending cuts, there was little more to say beyond that.

"Even with this good news, far too many people remain out of work and we need to continue our efforts in Washington to foster pro-growth policies that will help businesses small and large to innovate and expand," said Rep. Eric Cantor of Virginia, the House majority leader.

1 comment:

  1. I heard that the unemployment rate has just dropped by 0.1%, but this article is giving a completely different picture.

    ReplyDelete