TELL US: Will the Jobless Rate Influence Your Vote for President?

The jobless rate has fallen to below 8 percent for the first time in four years.

With Republicans and Democrats largely agreeing that Republican candidate Mitt Romney won the first presidential debate last week, there is a new piece of news that could soften the perceived blow to President Barack Obama's campaign. 

The U.S. jobless rate fell to 7.8 percent last month, dropping below 8 percent for the first time since Obama moved in to the White House. The Bureau of Labor Statistics released the new jobs report on Friday.

The Boston Globe reported that the news could give the Obama camp a boost; it's the same rate as January 2009, when the president took office. 

In the months after the inauguration, the rate increased and topped 8 percent for 43 straight months. In August, it was 8.1 percent.

The jobless rate is determined through a government survey of 60,000 households. The Globe reported that while many of the jobs added last month were part-time jobs, the country could be growing jobs at a faster pace.

What do you make of the news? Do you believe this is a positive for the sitting president? How will it affect your vote? Tell us in the comments.

ron wohlen October 10, 2012 at 02:40 PM
Yes it will. I don't agree with most of Romney's platform, however change is necessary. My wife and I worked for a company over 30 years which was forced to close in 2010. We no longer collect unemployment and cannot find work. 8.1% or 7.8% isn't realistic, how many others are still looking for work or have given that are no longer factored into the unemployment rate?????
ctownBOS October 10, 2012 at 02:43 PM
I tried to love Obama. I voted for him the first go around. I cant see voting for him again after the Ambassador cover up lies his administration told about some video that is now hitting the news that it had nothing to do with it which I suspected all along. The stagnant unemployment rate is another factor. And the REAL unemployment rate as Bob stated is closer to 14% as I dont think even other Democrats including me can argue due to so many not even looking for work as they lost hope and its more lucrative to be on food stamps. This is what happened to my uncle. Not even looking anymore. He even stated he is voting for Romney / Ryan as well now. Obama is a gifted speaker and very influential...but not without his teleprompter it kills me to say. We need to turn this ship around and I really believe Romney and Ryan have a plan that will work. Two very successful business men that understand how capitalism works and how to get the country moving. Socialistic governance is a recipe for disaster.
Bob Samson October 10, 2012 at 04:18 PM
Latino Unemployment is 9.4% or 2,300,000 people. That is too high.
Ed Ellis October 11, 2012 at 09:35 AM
Mitt Romney will rain financial misery on the Middle and Blue Collar Classes. Medicare, Medicaid, & Social Security will take a Huge Hit. He is totally anti-union, anti-woman's reproductive rights, (Read what the Book of Mormon says about women, Mitt is an Officer of the CLDS.). He will probably create more jobs..for India, China, Indonesia... WTFU!
Matt October 11, 2012 at 02:59 PM
Wow Ed i don't think you can even see the fence anymore. Talk about being a left-wing nut!


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