For the Obama administration, today’s unemployment news is not good.
The jobless rate ticked up from 9 percent in April to 9.1 percent in May. The economy continued to add jobs, though at a much slower rate than we’d been averaging for the past four months. Overall, May saw 54,000 new jobs — 83,000 of them in the private sector. That gain was offset by layoffs in state and local government.
Some 13.9 million Americans are now unemployed, with 6.2 million Americans out of work for at least 27 weeks. The average job search got longer, going from 38.3 weeks to 39.7. What’s perhaps most frightening is that the numbers now look a lot like the numbers a year ago. This is a crisis, and it has gone from being a slow-moving one to a crisis that’s absolutely stuck.









