THEY ONLY MAKE SENSE POLITICALLY.
- EUROPE IS IN RECESSION.
- ASIA IS TEETERING DOWNWARD.
- PEOPLE AREN'T BUYING MORE THINGS - AND ENERGY AND FOOD ARE MORE EXPENSIVE THAN EVER.
The U.S. unemployment rate plunged to 7.8 per cent, the lowest since January 2009, as the number of Americans saying they have jobs increased by more than 870,000 in September from the previous month.
All year, the unemployment rate has been stuck in a range of 8.3 per cent to 8.1 per cent, as it was in August. Unlike recent dips in the unemployment rate, the September drop was the result of more people telling a government survey of households that they have jobs. Last month, the jobless rate dropped because thousands of people gave up looking for work.
The improvement in the unemployment rate could be a boon for President Barack Obama, who is trying to regain his campaign footing after a lacklustre performance in this week’s first of three presidential debates.SO:
WHERE DID THESE 870,000 NEW JOBS COME FROM?
OUT OF AXELROD'S ASS.