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TALK BACK: Jobless Rate Improves, How Do You Think it Will Impact the Campaign?

During the presidential debate Tuesday Romney emphasized the high jobless rate over the past four years. But a new report shows the unemployment rate has dropped to 7.8%.

Mitt Romney pounded in the fact that the U.S. economy has been dragging along at the bottom and has built his campaign on the high unemployment rate over the past four years during the Obama administration.

And the number of jobs created has increased over what was predicted according to a Washington Post report today.

Today Obama took advantage of the favorable news. Speaking at a campaign stop in Virginia. “This morning we found out the unemployment rate has fallen to the lowest level since I took office. More Americans entered the work force, more people are getting jobs,” the president said during a rally at George Mason University.

But Republicans were quick to point out that the 7.8% unemployment rate remains high, most economists believe full employment would be something in the 6% range.

“While today’s unemployment report offered some encouraging news, it simply isn’t good enough,” added Eric Cantor (R-Va.), the House Majority Leader, in a statement. “7.8% unemployment should not be cause for celebration.”

A comment on Patch by Mitch Skandanavian of Dunwoody today on noted: "The numbers will no doubt be revised in 4 months, notwithstanding, tough news for the Red team."

What do you think? Is the positive news about the unemployment rate a big enough factor to give Obama the edge at the polls on Nov. 6?

Linda Hamm October 17, 2012 at 01:52 AM
I live in Arkansas and so many jobs have gone to Mexico and China; enough is enough. If they want to improve jobs in Arkansas and America I want these people to pay high prices for taking their companies to other countries. I am tired of hearing well people in America are not trained enough. This is bull. It is not about training it is about the cheaper wages they pay in Mexico and China. I earn 14 dollars an hour as a Supervisor for a medical transcription company that has a lot of work that goes to India due to the fact that half our company is in India and hospitals chose MT from India because of lower wages. I work from home, which thank the good Lord I do not have to drive to work. I am one of the lower class although I work 50 hours a week to earn a living. I have house payments, insurance payments, car payments and groceries, lots of beans due to cost of groceries. I am not one of the 47% that Romney does not care about who from my understanding of his statement mooches off the government, but I can tell you I am tired of this mess. Mr. Romney needs to tell us what he is going to do. I am a supporter of President Obama. I think if he had a house and congress to help Americans then he would get more done. It needs to be about America not the congress and house money in their pocket. Is there even a middle class anymore. I do not know of many people who make 45,000 a year here in Arkansas.

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