Obama rallies Dems amid mounting midterm headwinds
President Obama urged Democrats to stay unified and push ahead on health care reform and job creation as unemployment sits near 9.7 percent. He warned change takes time while Republicans demand bipartisan action on a broad jobs plan and tax breaks for hiring the unemployed. The address follows GOP critiques and recent losses in Virginia, New Jersey, and Massachusetts Senate seat.
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Texas
Frustrated job seekers quit in growing numbers
For eight months 1.8 million jobless Americans left the labor market as the unemployment rate sits at 9.7 percent and underemployment climbs to 16.5 percent. Moody’s economist Mark Zandi notes a lack of hiring despite growth. Many see returning to school or starting a business as practical paths while demand for openings remains weak.
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