Tags: unemployment | numbers | obama | election

Obama’s Chances Decline With Unemployment Numbers

By David Alliot   |   Friday, 06 Jul 2012 09:15 AM

With unemployment mired at 8.2 percent, President Barack Obama’s re-election bid seems much more distant.

Payroll added an anemic 80,000 jobs for June, and the unemployment rate remaining unchanged. Economists predicted a 100,000 jobs gain, according to a Bloomberg report.

Not counting government employment, the private picture looks grim — 84, 000 jobs were added — the lowest amount in 10 months. The president needs to track a steady upward trend economic improvement; a picture of stagnation and erratic down trends worsen his chances dramatically.

© 2015 Newsmax. All rights reserved.

1Like our page
2Share
84
2012-15-06
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved