Romney: Anything Over 4% Unemployment “Not A Cause For Celebration”

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At a campaign stop in Pennsylvania Friday, Mitt Romney set the bar for a good unemployment rate at 4 percent. Reacting to the lackluster April jobs report, which showed unemployment dropping to 8.1%, Romney said the number needs to be far lower than that before anyone hands out attaboys.

“Just this morning there was some news that came across the wire that said that the unemployment rate has dropped to 8.1% and normally that would because for celebration,” he said. “But, in fact, anything over 8 percent, anything near 8 percent, anything over 4 percent, is not a cause for celebration.”

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