How Obama and Romney are spinning the same job number in opposite ways

Was it 26 months of growth, or another sign of a weak recovery? Erica Alini explains

The much-anticipated October jobs report, the last major economic release before Nov. 6, is out and it continues to show a U.S. economy slowly edging forward on the path of recovery. At 171,000, the number of jobs added last month beat expectations, which were hovering around a gain of 125,000 payrolls. The politically important unemployment rate, however, edged up a tick, rising to 7.9 per cent from 7.8 per cent in September, likely a sign that discouraged job seekers are looking for work again.

None of this challenges the candidates’ narratives on the state of labour market, which run more or less like this:





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How Obama and Romney are spinning the same job number in opposite ways

  1. Apparently “Nonfarm” isn’t a word, because both graphics have spellcheck lines on the bottom…

  2. See? Obama’s doing it better.26 consecutive months of job growth! Beat that, Romney…

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