The U.S. economy added 114,000 jobs in September, with the unemployment rate falling from 8.1% to 7.8%, according to the Bureau of Labor and Statistics. The August jobs report showed the economy gained 96,000 jobs, with the national unemployment rate falling to 8.1%. Source
Hat tip SG2
So the clarion call for the last 24 months has been:
IF THE US UNEMPLOYMENT RATE IS ABOVE 8% GOING INTO THE 2012 ELECTION SEASON, IT WILL BE “BAD” NEWS FOR OBAMA.
Keep scratching your head, Joey Scar, or maybe go back to school and learn your ARITHMETIC! And SCREW Jack Welsh.