October Unemployment Jumps to 7.9% – Making Obama Worst Jobs President Since Great Depression

It’s official, Obama is the worst jobs president since the Great Depression.

The October unemployment rate jumped to 7.9%.
The AP reported:

U.S. employers added 171,000 jobs in October and hiring was stronger over the previous two months than first thought. The unemployment rate inched up to 7.9 percent from 7.8 percent in September because the work force grew.

The Labor Department’s last look at hiring before Tuesday’s election sketched a picture of a job market that is gradually gaining momentum after nearly stalling in the spring.

Since July, the economy has created an average of 173,000 jobs a month, up from 67,000 a month from April through June.

Still, President Barack Obama will face voters with the highest unemployment rate of any incumbent since Franklin Roosevelt.

It looks like Obama’s “spend your way to wealth” Keynesian plan didn’t work out so well, huh?

More…

Drudge reported:
RATE HIGHER THAN WHEN OBAMA TOOK OFFICE…
ROMNEY: ‘Sad reminder economy at virtual standstill’…
JOBS: +170,000…
Incomes Continue to Decline…
Long-Term Rate Rises to 40.6%…
Blacks to 14.3%…
Food Stamp Growth 75X Greater than Job Creation…

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