Letters to the Editor

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Tag: unemployment rates


OBAMA: Job picture is on the upswing

Re: “Gingrich right with ‘food stamp’ label” (letter, 1-24).

The writer criticizing President Obama’s economic record was incorrect in his assertions about Obama’s record on unemployment. The actual unemployment rate in January 2009, when Obama took office, was 7.8 percent, not 6.8.

As the Great Recession that began under President Bush gained momentum in early 2009, the rate increased and peaked at 10 percent in October 2009 – a 28 percent increase. Not until May 2010 did the unemployment rate reach a level significantly below the upper 9 percent level. But a second Great Depression was averted.

Since August of

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