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Unemployment Rate September 2013

Created on October 22, 2013

Unemployment Rate September 2013

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READ the original report, "September Employment Report Sluggish Labor Market Recovery."

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: jobs, unemployment, recession, stimulus

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.

CHART 1 • IB 4071 • heritage.org