- Unemployment rate drops to 7.8% as those receiving unemployment benefits continue to fall off the 2 year benefit cliff
- NFP + 114k on expectations of + 115k
Who do you suppose took the phone call at the BLS after Romney embarrassed Obama the other night with that uncomfortable little fact about the number of months the unemployment rate has remained above 8% under Obama? Perhaps Romney should have focused on the REAL unemployment rate, which remains over 20%!
NFP Miss Expectations ,+ 114K, Unemployment Rate Drops to 7.8%
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