Friday, October 19, 2012

Obama Job Losses Hit 7 Of 10 Battleground States

Seven out of the 10 presidential toss-up states have lost jobs since President Obama took office, and the unemployment rate is higher today in six of those states than in January 2009, according to data released Friday by the Bureau of Labor Statistics.
What's more, six of those states listed as toss-ups by Real Clear Politics have seen their labor force shrink since January 2009, which masks the true size of their unemployment problem.
The state data underscore the fact that, despite the recent drop in the national unemployment rate to 7.8%, the nation's jobs picture remains bleak, particularly in states that Obama and Mitt Romney are fighting over.
The BLS report notes that in September, 41 states saw unemployment drop compared with August, and 35 states gained payroll jobs.
But the data also show that, since Obama took office, fully 32 states have seen a net decline in the number of jobs, and the unemployment rate is still higher in 27 states than it was in January 2009.
In addition, 24 states saw their labor force shrink since Obama took office. That can make the unemployment rate appear lower in those states, since people who've left the labor force don't count as unemployed.

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