FINAL JOBS REPORT STATISTICS

Latest unemployment statistics before the election, provided by the Bureau of Labor:

 Unemployment rate for blacks increased to 14.3 percent.

 Long term unemployed (27 weeks or more) was little changed at 5.0 million (40.6 percent of the unemployed.

 

Civilian labor force grew by 578,000 to 1555.6 million.

Labor for participation rate edged up to 63.8 percent.

Total employment rose by 410,000.

FULL ARTICLE: FINAL JOBS REPORT 

Bad News for Romney

Just this month the unemployment rate dropped a whole 0.3%, from 8.1% to 7.8%.  This looks like a great breakthrough for the country but bad luck for our candidate Mitt Romney.  Just last week was the Presidential debate for both Romney and Obama.  By the end of the debate, it looks as if that the favor won against Mitt Romney.  Yet in a sudden turn of events our country faced with a decent drop from the unemployment rating.  This would turn out bad for Romney then expected from Americans, giving a great "head start" for President Obama in the 2012 election.  We will have to see next month on what the people will choose and the next four years with the next president running the United States.