(U.S. economy added only 80,000 jobs in June (comparison should be made to same timeframe in President’s Reagan’s first term where the economy was adding 273,000 jobs monthly coming out of the recession); unemployment rate remained at 8.2 percent; labor-force participation rate at 63.8 percent (historic low); unemployment rate is 2.5 percent higher than what Obama Administration promised it would peak at if 2009 “stimulus” bill passed; rate is 45.1 percent higher than what Obama Administration projected unemployment would be in June of 2012 if “stimulus” bill passed ; rate is 34.4 percent higher than what Obama Administration projected unemployment would be if “stimulus” bill not passed; number of jobs created must be 125,000 each month and labor market must add 285,000 jobs every month for the next 30 months to achieve pre-recession unemployment rate by 2016; 85,000 persons applied for Social Security disability in June; real unemployment rate at 14.9 percent; long-term unemployed (jobless for at least 27 weeks) at 5.4 million and 2.5 million not counted as unemployed because they had not looked for a job in the past four weeks).