Economist: Real Unemployment Rate is 11%

The U.S. economy added slightly more jobs than expected in February, but the pattern of job creation remains very sluggish, and President Obama only has his own policies to blame. That’s according to Heritage Foundation Chief Economist Stephen Moore. On Friday, the Labor Department announced the economy added 175,000 jobs last month, although the overall unemployment rate ticked up to 6.7 percent. The job numbers beat the expectation of 149,000 new jobs and mark the 48th straight month of positive Read more […]