Barack Obama

Obamanomics: Unemployment at 10.0% in Mid-October



Hope is NOT on the way unless you mean a massive GOP victory to change national economic policy.

Unemployment, as measured by Gallup without seasonal adjustment, is at 10.0% in mid-October — essentially the same as the 10.1% at the end of September but up sharply from 9.4% in mid-September and 9.3% at the end of August. This mid-month measurement confirms the late September surge in joblessness that should be reflected in the government’s Nov. 5 unemployment report.

If American voters make this election a referndum on President Obama’s handling of the economy, partucularly unemployment, Obama/Democrats are in deep trouble.