As the unemployment rate continues to hover at undesirable levels, analysts are of the opinion that this will play an important role in determining the fate of upcoming elections. The current recorded unemployment rate of 9.7% is appalling, even if the recent recession is taken into account.

Post recession, analysts are still trying to understand why the unemployment levels dropped to these dismal depths even though the predictions made earlier showed slightly better prospects for the jobs market during the worst of the recession. [Read more…]