One year ago citizens of New Hampshire were worry free of being unemployed, with the unemployment rate at only 3.7%. But as the earth spins, unfortunately so does the unemployment rate. In October of 2008 the unemployment rate rose from 3.7% to a whopping 6.6% in March of 2009. Since the unemployment rate stopped at 6.6%, it has kept changing a steady pace. Since March the Unemployment Rate has gone as low as 6.4% and as high as 6.8%.
As for the United States as a whole, the Unemployment Rate is at an all time high of 9.7%. Other than this year the highest Unemployment Rate was in 1992 at an 8.2%. It is believed that the Unemployment Rate rose to where it is now because more people are actively seeking work, but unable to find what they are looking for. The United States has lost more the 216,000 jobs in this economy since August of 2009. As it seems of right now, the effectiveness of Obama’s economic recovery does not seem to be working, or it is taking longer than projected.
As for the United States as a whole, the Unemployment Rate is at an all time high of 9.7%. Other than this year the highest Unemployment Rate was in 1992 at an 8.2%. It is believed that the Unemployment Rate rose to where it is now because more people are actively seeking work, but unable to find what they are looking for. The United States has lost more the 216,000 jobs in this economy since August of 2009. As it seems of right now, the effectiveness of Obama’s economic recovery does not seem to be working, or it is taking longer than projected.
