May 2012:US Unemployment Rate Trend Still Heads Downward Despite May Blip

Source: BLS Actual Data 10/11-5/12
Projected:June 2012-Dec 2015.[Assumes re-election of Obama]. See also CBO projections.

Quote(s)

1. In..."four years, by virtue of the policies that we put in place, we get the unemployment rate down to 6 percent, or perhaps a little lower"...Mitt Romney,

   If my math is correct that will be 2016 ...good to accomplish if he makes no changes...according to the chart above.

2. Since 1952 Mays rank poorly in presidential election years

   ...at least for the stock market.