OK Folks!
The February jobless rate comes out this friday(Mar 9th). The trend has been down since August 2011---the unemployment rate has declined from 9.1% in August 2011 to 8.3% in January 2012.
QUESTION:
Will the February Jobless rate continue to trend lower ? Or will there be an uptick from January's 8.3% ?
The consensus estimate is for the jobless rate to remain at 8.3%
FACT:
No US president since Franklin Roosevelt has won re-election with a jobless rate of 7.2% or higher.
RE: THE FEBRUARY JOBLESS RATE:
ROMNEY AND REPUBLICANS ARE ON THEIR KNEES PRAYING FOR THE JOBLESS RATE TO HEAD HIGHER IN FEBRUARY.
A lower February jobless rate would please Obama; a higher rate would please the Republicans.
SO WHAT DO YOU FOLKS THINK---WILL THE FEBRUARY JOBLESS RATE BE HIGHER OR LOWER THAN JANUARY'S 8.3% ?
Rev