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Unemployment Rate July 2013

Created on September 5, 2013

Unemployment Rate July 2013

Unemployment Rate: July 2013

President Obama promised that government spending would “stimulate” the economy and quell rising unemployment by “creating or saving” millions of jobs. In January 2009, Obama’s advisers produced a chart visualizing the positive results of his recovery plan. But actual unemployment (in red) has far exceeded the White House estimates.

Keywords: White House, estimates

Sources: Unemployment data from the Bureau of Labor Statistics; original chart from Christina Romer and Jared Bernstein, “The Job Impact of the American Recovery and Reinvestment Plan,” January 10, 2009.

Article ID: b27222013

CHART 1 | B 2722 (2013) | heritage.org

Click here to download a high-resolution version of this chart.

Click here to read the original report, "Not Looking for Work: Why Labor Force Participation Has Fallen During the Recession."

Click here to see all visuals for this report.