Obama Triumph: U.S. Reaches ‘Full Under-Employment’
(2015-03-06) — The Obama administration today celebrated a new milepost in what it calls “our progressive recovery” as government figures show thejobless rate dropped to 5.5%, wages remained stable, and the labor-force participation rate slipped to 62.8 percent.
“Thanks to President Obama’s leadership, we’ve reached full under-employment,” said White House spokesman Josh Earnest. “Nearly everyone who still has any hope of getting a job, has at least one job — and often more than one. A lot of newly-employed people have thanked the president as they wash his golfballs, or pick the turf out of his cleats. It’s heartwarming.”
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