EDITORIAL: Obama cooks the unemployment books - Washington Times: The White House has trumpeted recent rosy employment figures, but in their guts Americans know things aren’t getting better. They should trust their instincts.
Jobs are the No. 1 issue going into the 2012 election, which makes the unemployment rate a particularly important indicator. Lately, the trend seems to be favoring the White House. The December unemployment numbers showed a drop to 8.5 percent, down 0.2 percent from the previous month and over half a percentage point from August. In the “jobless recovery,” small moves like that take on outsized significance.
Jobs are the No. 1 issue going into the 2012 election, which makes the unemployment rate a particularly important indicator. Lately, the trend seems to be favoring the White House. The December unemployment numbers showed a drop to 8.5 percent, down 0.2 percent from the previous month and over half a percentage point from August. In the “jobless recovery,” small moves like that take on outsized significance.
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