At a Capitol Hill hearing, Kathleen Sebelius admitted today that the Obama administration is 3 million short of its Obamacare goal:
Said Congressman Joe Pitts: "The AP reported that a September 5 memo sent to you listed monthly enrollment targets for the exchanges, and this memo indicated that your target enrollment number for the end of December is 3.3 million. Based on HHS's release this morning, your department is more than 3 million off their target number, isn't that correct?"
"Through the end of November, that is correct, sir," said Sebelius.
The latest employment data from the U.S. Bureau of Labor Statistics:
The unemployment rate declined from 7.3 percent to 7.0 percent in November, and total nonfarm payroll employment rose by 203,000, the U.S. Bureau of Labor Statistics reported today. Employment increased in transportation and warehousing, health care, and manufacturing.
Total nonfarm payroll employment increased by 169,000 in August, and the unemployment rate was little changed at 7.3 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in retail trade and health care but declined in information.
Household Survey Data
Both the number of unemployed persons, at 11.3 million, and the unemployment rate, at 7.3 percent, changed little in August. The jobless rate is down from 8.1 percent a year ago. (See table A-1.)
When the Bureau of Labor Statistics releases the numbers, this morning, on August unemployment, the economics, finance, and political priesthoods will commence digging into the entrails to divine Truth.
The first of this week's three big employment numbers was released this morning. Tomorrow, we will learn the first-time claims number. Friday, the unemployment number and rate for the previous month. As this item from Reuters indicates, the signs are not good:
In his speech Wednesday night, Bill Clinton said, "President Obama started with a much weaker economy than I did. No president—not me or any of my predecessors—could have repaired all the damage in just four years."