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Today the unemployment rate is much higher that when this headline was published

Washington DC, July 14, 2011. For the fourteenth straight week, we have had over 400,000 new claims for unemployment insurance as the Great Recession continues unabated.



Last week 405,000 workers lost their jobs, joining the ranks of over 13,000,000 others who have paid a dear price for the President's experiment in socialism.



President Barack Hussein Obama, D-Kenya, has even referred to this as a "jobless recovery" which can only mean he is applying a new definition to the word "recovery."



Previously, it meant when the economy improved and more people found jobs. But for the president it seems to mean "when Goldman Sachs and GE make tons of money."