Sound Off: Will Jobs Report Help Obama?

National figures show lowest unemployment rate in nearly four years.

The nation's unemployment rate fell to 7.8 percent in September, its lowest level in nearly four years, according to figures released Friday.

High unemployment, and previous promises by President Barack Obama to keep the rate below 8 percent if the stimulus passed, have been repeated often on the campaign trail.

The next employment report is due just days before the voters go to the polls Nov. 6, so these September figures may be the last jobs report with any impact on the election.

SO HERE'S THE QUESTION: Do you think this unemployment report will help President Obama secure re-election?

Share your thoughts in the comment section below.

According to the Illinois Department of Economic Security, the unemployment rate in the 11 out of 12 Chicago metro areas has declined compared with a year ago, falling 1.7 points to 8.8 percent in the Chicago-Naperville-Joliet area. Since last August, IDES also reports the Chicago-Naperville-Joliet area has seen a 1 percent increase in jobs, for a total of 35,000 new jobs. Economists suggest an ideal U.S. unemployment rate is between 4 and 6 percent.

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Todd Lowery October 05, 2012 at 04:47 PM
A healthy economy has unemployment between 4-5%. Our economy is still very sick. Romney is the best doctor. He'll let the JOBS out!
Tim October 05, 2012 at 04:58 PM
The economy is sick because of the Republican policies of the Bush administration, Romney is the doctor, same old medicine!
hector garza October 05, 2012 at 06:58 PM
No 7.8 Actual number is more like 13-14% DO NOT TRUST Government accounting figures they generally have an error range of 100 to 150%
Edward Andrysiak October 05, 2012 at 09:37 PM
No. If it is a trend then we can assume it will take three to four more years under O to reach 4 or 5% and I don't think the country can wait that long. This is the President who got elected on "Hope and Change"...and he was dead right. I am hoping for a change right now! He is not qualified and is over his head. Vote Romney and we have a chance for improving our economy faster.
Kerry October 05, 2012 at 11:39 PM
I agree Ed.
Jeff S. October 06, 2012 at 02:36 AM
Its tough for a guy to accomplish anything when a Republican Senate openly admits that they will do anything it takes to see the President fail. To those who voted them in -- thanks a lot. You've really helped the situation. And now you sit and back and talk about the terrible job he supposedly did. You do realize the President doesn't have 100% control of things, don't you?
Kerry October 06, 2012 at 12:36 PM
Jeff, you state that the President does not have 100% control of things? Funny, thats not what was said when Bush was President.
Ginger1397 October 06, 2012 at 03:42 PM
1. I wish people would take time and educate themselves. The job rate is an average. It is not exact but it does not have a 100 - 150% error range.The job rate is done by the Bureau of Labor Statistics, a non-partisian agency. 2.The immediate cause or trigger of the crisis was the bursting of the U.S. housing bubble which peaked in approximately 2005–2006. Take note of the years, pre-Obama. As banks began to give out more loans to potential home owners, housing prices began to rise. Who was the president? Bush. Sept. 2007 was when our economy was almost completely shut down.Bush didn't want the citizens to know b4 the election how messed up the economy was. 3. I want to know that my country is going in the right direction, forward, not backwards. I don't want to go back to all the devastating policies that got us here in the first place. 4. Mitch Mcconnell and his GOP cronies have blocked numerous jobs bills the latest example being on 9/19 that would have put VETERANS back to work tending to the country's federal lands and bolstering local police and firemen.We have been taken hostage by a Republican party that was & still is hell bent on making sure Obama doesn't get credit for anything positive, like the continued growth of this economy. 5.Romney/Ryan won't explain what entitlements they will cut, they don't want to tell us, it is too complicated to explain. He thinks he is entitled NOT to tell us! Does anyone know what R&R will cut? Oh, besides Big Bird!
Edward Andrysiak October 06, 2012 at 08:24 PM
Come on Ginger...be fair. The democrats were fully in charge for the last two years of Bush and the first two years of Obama. Obama performed so bad in terms of priorities the first year into his presidency a Repub, Mitch McOnnell said he will work to oust him! As for those "goob bills" that you think were voted down for partizan reasons...look them up. The Dems have a habit of attaching a crappy bill to a good one...both sides do that! It is no wonder nothing gets passed. It should be one bill and one vote. No attachments. As For those Romney specifics you seem to crave. It is clear that his managerial style with a mixed congress is to present a GOAL and then sit down with them to dig into the detail/specifics of how to achieve it. That is what a leader does. It's a game of tell and sell. Obama, the King, thinks he has a mandate to simply tell/demand. He didn't get elected because he is such a great mind or has experience or anything else. The country was in love with the idea that he was a black man (half) and voted him in on emotion and the desire to do what they thought was the right thing, and, the hope for change...we just didn't know exactly what that change was. What we had was a slick talker who sold himself and rose to his level of incompotence...it's a classic example of "The Peter Principal." Some of that change he promised was never delivered on! If he continues on...he will bankrupt America. We need to fix the economy/deficit. Before it's to late!
Dan Lipowski October 07, 2012 at 01:27 AM
Ed, you say be fair and the 1st three things you write are all untrue. HOW CAN THE DEMS BE "FULLY IN CHARGE" IF BUSH WAS THE PRESIDENT?????????? You throw lots of opinions out here Ed. Try to educate yourself a little before you post. I could go down line for line what you wrote and a lot of it's wrong. Really don't want to argue with uninformed people. I know there are two sides in this political process, just be somewhat informed.
Edward Andrysiak October 07, 2012 at 02:55 PM
Dan...you need to do the homework. the Dems were in charge in that they were controling what was brought to the floor for a vote and how it was voted for two years of the Bush presidency...because they held the majority position. Give me your "line by line" I'd be interested in correcting my errors...if there are any.
Kerry October 08, 2012 at 01:43 AM
Ginger, the "Community Reinvestment Act" under Carter and expanded by Clinton caused the housing bubble and crash. This law said it was discrimination for banks and mortgage companies to withhold loans from those who normally could not afford them. This led to many who owned homes who never should have. They went into foreclosure at astounding rates. This caused the bubble and crash.
Kerry October 08, 2012 at 01:50 AM
Starting in 2001 ,Bush warned congress about Freddie and Fannie being in trouble 17 times . Barney Frank said Bush was wrong


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