The national unemployment rate has dropped to a new low of 5% as the result of 271,000 new, non-farm jobs added last month, quite a bit more than the predicted 180,000.
Remember Mitt Romney's promise that, by the end of his first term (Jan 2017), he would bring the unemployment rate down to 6%? Good thing we re-elected Barack Obama. He got it down to 5% with 15 months still to go before Jan 2017.
Ralph
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