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Okay your radio now on a Friday morning Fox News alert four days from Election Day numbers that could change everything in a razor tight race.
The government reports America's unemployment rate right easing in the month of October to seven point 9%.
Jobs added last month that is far fewer than the 250000.
Many economists say are needed each month to turn the economy.
Around so that's the big number we have that's where restart good morning I'm Bill Hemmer -- welcome here off we -- morning mark.
Morning -- a week already -- -- -- Friday today welcome everybody.
I -- some accounts in this jobs report today it could be sort of the freshest thing that people haven't their minds in terms of an economic number when they do head to the polls and a few days.
This chart shows that it has been a very slow sluggish recovery.
The government reports that real unemployment this is a key number that we want to focus on fourteen point 6% and we say that for a very good reason.
Because that includes the people who are under employee even people -- only worked for one day during that period.
Get counted in that under employed part time employed some of those though have just stopped looking.
Give it up Stuart Varney anchor Barney company Fox Business network's good morning to you.
Let's start with the the more significant number that you find there what is it Stewart that is the real unemployment right because that gives really that that the most true picture.
-- implement situation America today that real unemployment rate is fourteen point 6%.
That is a dismal picture of the employment picture in America today.
They go on from that and you find it 63 point 8% of the adult population is actually in walk back is -- and historic -- So when -- added all up you sum up four years of economic policy.
A what have you got you've got a rising unemployment rate 78279.
A very high real unemployment right to fourteen point 6%.
Very low job creation -- -- -- to what we need to get the unemployment rate down significantly.
It is the slowest recovery.
Of any sense any major recessions and Second World War is that right now it is so we dropped to seven point eight last month we ticked apropos.
Attempt of a point this time a 171000.
Jobs -- -- that is not enough.
No it's -- what's holding business Baxter were what do you find confidence.
Business is not confidence that that you're confident there's going to be significant growth in the future by significant growth I mean for all 5% growth in the economy that's what you're supposed to get.
When you coming out of a nasty recession.
We've only achieve -- percent growth for just a three month period once in the last four years.
That's not good enough that's a very slow recovery and business people not confident that is gonna grow really fast next year.
-- OK that's the economic side of us now the political equation and you can argue whether or not people have already made up their minds and you can argue whether or not there's an undecided few in the middle.
Who could swing things on Tuesday if indeed it is as tight.
As the polls suggest 1980.
Unemployment rate when people voted.
Jimmy Carter and Ronald Reagan you know what was.
Tell me the last month they had to work on -- September the October number was not out when America voted seven point 5%.
Yeah so today in 2012 -- at seven point 9% issue how does this play that politically.
It should play in favor of governor -- -- President Obama will probably -- and got his official response yet he will probably -- look the economy is expanding its going in the right direction.
We need more time to get a number of new jobs that we really need the -- going in the right direction.
Governor Romney will almost certainly respond that would just not going fast and off.
We could do a whole lot bad without going into all this debt and Stuart thank you the closing argument for governor Romney happens this afternoon.
And we'll show you which state he's making that and it'll be very interest and -- many thank you Stuart C at 920 have -- FBI and you've got.
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