Not Better Off

NOT BETTER OFF //In 2009, President Obama said that if he didn't have the economy turned around in three years then his presidency was going to be a "one-term proposition." Three years later and America is not better off. The labor market is a dire straits, with long-term unemployment still near record levels. Americans are paying more for gas, college and health insurance and measures of poverty are at all-time highs. America cannot afford another four years of President Obama's failed policies. EMPLOYMENT 1.2 MILLION JOBS LOST UNEMPLOYED MARGINALLY ATTACHED FORCED PART-TIME TOTAL 2009 12.0 Million 2.1 Million 8.0 Million 22.2 Million 2012 12.7 Million 2.8 Million 8.2 Million 23.8 Million Change +709,000 +679,000 +174,000 +1,562,000 Workers available to work but not actively looking or dliscouraged by lack of opportunities Workers available to work Workers forced to work part-time due to economic reasons but wanting full-time work In total, nearly 24 million workers are in need of either part-time or full-time employment but unable to find jobs LONG TERM UNEMPLOYMENT AVERAGE WEEKS UNEMPLOYED The share of the unemployed out of work for 27 weeks or longer has nearly doubled since Obama took office The number of weeks it takes an unemployed worker to find a new job has more than doubled since Obama took office Unemployed +27 Weeks 50 40.1 37.1 40 22% 30.3 2009 2012 43% 30 19.3 20 2.7 MILLION 5.5 MILLION 10 Unemployed +27 Weeks Unemployed +27 Weeks 2009 2010 2011 2012 POCKETBOOK $356 IN DISPOSABLE INCOME LOST HEALTH INSURANCE GASOLINE Price per gallon, regular gasoline, all formulations COLLEGE TUITION Average tuition for in-state, four-year universities Average family health insurance premium 2009 2012 2009 2012 2009 2012 $1.847 $3.439 $6,591 $8,244 $13,375 $15,075 +86.2% +25.1% +12.7% POVERTY 15.1% POVERTY RATE POVERTY FOOD STAMPS Individual participation MEDIAN INCOME Median annual household Individuals living below the poverty line income 2009 2012 2008 2010 2008 2010 31.9 M 46.1 M $50,946 $49,445 39.8 M 46.2M +44.2% -$1,501 +15.9% REPUBLICAN NATIONAL COMMITTEE - RESEARCH DEPARTMENT GOP.com & RNCResearch. Tumblr.com Sources: Paid For By The Republican National Committee Bureau of Labor Statistics, US Census Bureau, US Department Of Agriculture, Energy Information Administration, College Board, Kaiser Health News, 310 First Street SE, Washington, DC 20003 Not Endorsed By Any Candidate Or Candidate's Committee Accessed 2/7/12 For a complete list of sources visit: http://www.gop.com/briefing/comments/not_better_off