The Bureau of Labor Statistics of the Labor Department released their jobs numbers for November, 2010, showing that the jobless rate jumped. The unemployment rate increased to 9.8%. What economists were expecting was an increase of some 149,000 jobs, the ‘actual’ number of ‘non-farm’ jobs created in November was only 39,000. This jobless rate jump is bad news for the Obama Administration, which continues to push for more budget-busting spending programs and holds America hostage with bad economic policy.

LOS ANGELES, CA - DECEMBER 01: Job seekers line up to enter Choice Career Fair at the Los Angeles Convention Center on December 1, 2010 in Los Angeles, California. Unemployment insurance is set to expire for millions of out-of-work people across the country and according to reports as many as 454,000 jobless Californians could stop receiving benefit checks. (Photo by Kevork Djansezian/Getty Images)

The Democrat-controlled lame-duck Congress is already pushing to only extend a portion of the Bush Tax Cuts. A measure which is already dead in the Senate, which is leaning towards a complete extension. They, and Obama, want to continue to punish small business and families with higher taxes. On top of that, we Obama Debt Commission presented a lame plan to reduce the level of deficit spending, but the falls way short of any meaningful reductions.

The U.S. economy is still dragging, if not declining. We have just seen that not only has the trillions of dollars in Obama agenda has failed to stimulate the economy, but also the $9 trillion or more of liquidity the Federal Reserve System added. Socialism is failing world-wide. Nanny-state governments across the planet are crashing as entitlement programs bankrupt nation after nation. Even Progressive agenda issues like ‘Green’ jobs and technology are adding to the disaster. The ‘Spain Experiment’ has ruined Spain and will most likely doom the European Union.

The jobless rate jump can be blamed on Obama and his Progressive pals in Congress, like Nancy Pelosi and Harry Reid, continue to push the failed theories of Keynesian economics. The expansion of government is making matters worse, not better. Today’s Labor Department Bureau of Labor Statistics (BLS) announcement that the unemployment rate is now up to 9.8% is all you need as proof. Even their numbers, that 39,000 non-farm jobs were created in November, 2010, are dubious. Two weeks ago, we learned that previous numbers for August through October were ‘adjusted’ to show positive creation when, in fact, each month had more job losses. The wider U6 number from the BLS is now 17%.

MIAMI - SEPTEMBER 07: Reginald Munnings (L) and Will Brown attend a rally asking for Florida Governor Charlie Crist to sign an executive order for unemployment compensation reform on September 7, 2010 in Miami, Florida. Reginald Munnings who is attending the rally to show support and Will Brown who is unemployed are standing with those people struggling to find work with the unemployment rate in Florida staying around 11.5 percent. According to reports, Florida would be eligible for more than $400 million in federal stimulus money if the state modernizes its unemployment system. (Photo by Joe Raedle/Getty Images)

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