Obamanomics: Over Half of Americans Struggling to Keep Their Homes; Teenage Unemployment Higher Than Natl Average in California

Obama's America“How’s That Hopey, Changey Stuff Working Out for You? ” –Sarah Palin

(Market Watch) More than half of Americans (52%) have had to make at least one major sacrifice in order to cover their rent or mortgage over the last 3 years.

In related Obamanomics news, the Employment Policies Institute released a recent analysis of Census Bureau data that shows that many of America’s top U.S. metropolitan areas–including Los Angeles, San Diego and San Francisco have youth unemployment rates that average far higher than the national average of 21.6%

Four of the Top Five Worst Metro Areas are In My Beloved California:

  • No 1.  Riverside–San Bernardino 52.4%
  • No 3. Los Angeles–Long Beach–Santa Ana 39.0%
  • No 4. San Diego–Carlsbad–San Marcos 37.5%
  • No 5. San Francisco–Oakland 35.2%

More here ‘Summer Bummer for Teens in Country’s Largest Metro Areas’

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