Unemployment, Barack Obama Re-election | featured news

Jobless rate now a leading political indicator

The discouraging new unemployment numbers present President Barack Obama with a sobering reminder that an uneven recovery from the recession can be a fragile argument for his re-election. It's all deepening his anxiety over the political and economic threat posed by the European debt crisis....

Senh: Overall, the unemployment rate has dropped from a high of 10% to 8.2% since Barack Obama became president. That's pretty good considering how the rest of the world is doing. You gotta look at the big picture.

 

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