In the final jobs report prior to the election, the Bureau of Labor Statistics has announced that unemployment crept up in October to 7.9 percent, as 170,000 nonfarm payroll jobs were added. The broader "U-6" unemployment statistic is 14.6 percent (up a hair from 14.5 six months ago). August and September's numbers were both revised upward, which is a positive sign. As Jim Pethokoukis notes, average monthly job growth in 2012 has been nearly identical to the sub-par numbers of 2011, and hourly wages remain stagnant at best. The "worst recovery since the Great Depression" continues....
In response to:
How soon we forget Abu Ghraib, Scooter Libby, Katrina, etc etc etc...oh yeah, that's right...those were issues under a Republican! I got it now.
- Quotes of the day Allahpundit 2 hours ago
- Good: Comedienne refuses to apologize for telling jokes Mary Katharine Ham 2 hours ago
- Shocking report: Obama didn’t even finish Jiro’s sushi Mary Katharine Ham 3 hours ago
- Who’s up for a Throwback Thursday with Kim Jong Un? Erika Johnsen 3 hours ago
- Georgia governor signs liberalizing concealed carry law Erika Johnsen 4 hours ago
- McCain: It’s a stain on America’s honor that we haven’t passed amnesty yet Allahpundit 5 hours ago