The economy added 171,000 jobs in October, and the estimates from August and September were revised upward by 50,000 and 34,000 respectively. But more than half a million people started looking for work after having been too discouraged to even be counted as unemployed in previous months, and some of those people didn't find jobs. As a result of a large number of people becoming optimistic enough about the economy to look for work, the unemployment rate ticked up from 7.8 percent to 7.9 percent, and Republicans had their talking point:
Give Mitt a break. He's flailing ever since he lost his "unemployment is over 8 percent" argument against Obama.
House Speaker John Boehner:
"Four years of persistently high unemployment and long-term joblessness might be the best President Obama can do—but it's nowhere near what the American people can do if we get Washington out of their way."Given the "if we get Washington out of their way" claim there, it's worth noting that in October, public sector employment fell by 13,000 jobs. So government job losses actually dragged down job creation once again.
Republican policies caused the economy to crash. Republican obstruction has made the economy harder to fix. And Republicans want us to focus only on bad economic news. That's some advertisement for them for letting them take over the economy again, isn't it?
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