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Obama likely to face record re-election jobless rate

from USA Today

One fallout from Friday's poor jobs report: President Barack Obama almost surely will have to win re-election with a record high unemployment rate for modern incumbents. No president since the Great Depression has won re-election with a jobless rate higher than 7.4 percent, and the latest Labor Department report says the current rate now has ticked up to 8.2 percent. more


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