This morning, the Bureau of Labor Statistics jobs data came out.
There is no movement in the U.S. jobless rate. America is stuck at an official unemployment rate of 9.1%.
Among the major worker groups, the unemployment rates for adult men (9%), adult women (7.9%), teenagers (25%), whites (8.1%), Asians (7.7%), blacks (15.9%), and Hispanics (11.3%) showed little or no change in July.
The number of long-term unemployed (those jobless for 27 weeks and over), at 6.2 million, changed little over the month and accounted for 44.4% of the unemployed.
The absolute number of people working was down a further 38,000 for the month of July, making the civilian labor force participation rate a 63.9%. The employment-population ratio was little changed at 58.1%.
Obama 2012 campaign slogan:
Re-elect Barry! No Change and No Hope!
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