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BREAKING: US Unemployment Rises Slightly in October

JulieBrown Wrote: Nov 02, 2012 10:02 AM
Over in Greeley...not far from our home.....There are FIRE OBAMA signs everywhere. Northern Colorado is not too welcoming for Obama/Biden....unless of course you are a college student. That seems to be about all he can muster up these days....are the young and vulnerable...who are going to college either on mom and dad's dime....or Obama's I heard something yesterday that Michelle Obama was in Florida....they were chanting "hail Obama?" REALLY??

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....