The U.S. unemployment rate has stalled at more than 7 % . In the first quarter of this year, there were only about 650,000 jobs created in the United States, according to government data released on Friday. He has been barnstorming the country in recent weeks leading sing-along choruses of `` The Let 's Save the Middle Class Rag , '' the song that got him re-elected . Economists say sustained unemployment is wreaking havoc . Economist : Youths entering the job market will be affected for their entire working lives .
The U.S. unemployment rate has stalled at more than 7 % . In the first quarter of this year, there were only about 650,000 jobs created in the United States, according to government data released on Friday. Economists say sustained unemployment is wreaking havoc . Economist : Youths entering the job market will be affected for their entire working lives .