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Unemployment and presidential elections: Will Obama buck history?

Angela Carter and Gina Dvorak

Posted: 11/06/2012 10:06:24 AM PST

Updated: 11/06/2012 10:11:33 AM PST

Unemployment and presidential elections: Will Obama buck history?Win or lose, the U.S. economy will play a deciding role in whether President Barack Obama is re-elected to the nation's highest office. When he took office in January 2009, the national unemployment rate was 7.8 percent. The rate continued to tick upwards and hit its highest point during Obama's term at 10 percent in October 2009. The latest monthly jobs report shows a rate of 7.9 percent for October, higher than the month in which he was inaugurated. Since ...View “Unemployment and presidential elections: Will Obama buck history?” on Spundge

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