By editor
Originally published on Sat November 3, 2012 1:00 pm
The last unemployment report before the election came out Friday, and the news was middling: Unemployment ticked up to 7.9 percent.
The private sector created more than 180,000 new jobs, but state and local governments resumed laying workers off. That discrepancy is part of a longer-term trend.
For a few years now, private sector employment has been growing, but since mid-2010, state and local governments have eliminated roughly half a million jobs.
Read more