More good news for President Obama’s reelection bid as Gallup released a report showing that the unadjusted employment rate in mid-October is 7.3 percent. I guess the Republicans will say the Obama administration leaned on Gallup.
Gallup: U.S. unemployment, as measured by Gallup without seasonal adjustment, is 7.3% in mid-October, down considerably from 7.9% at the end of September and at a new low since Gallup began collecting employment data in January 2010. Gallup’s seasonally adjusted unemployment rate is 7.7%, also down from September. October’s adjusted mid-month measure is also more than a percentage point lower than October 2011.