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October 25, 2012

CHICAGO — Unemployment rate dropped to 7.8% in September, the lowest since January 2009

CHICAGO — STUNNING FORECASTERS, the unemployment rate dropped to 7.8% in September, the lowest rate since January 2009.

“Our nation's labor market added 114,000 non-farm payroll jobs in September,” Secretary of Labor Hilda L. Solis said in a statement. “Additionally, 86,000 more Americans found jobs in July and August than had been previously reported.”

SHOWING MODEST ECONOMIC GROWTH, the 12 Federal Reserve Districts of the Federal Reserve Bank reported consumer spending was generally good for the October report. Only the New York, Chicago and Kansas City districts reported flat or soft sales. Existing home sales were stronger in most districts, with prices steady or increasing, and overall loan activity was steady to stronger in most districts.

October 11, 2012

CHICAGO — State of economy most influential issue in helping them choose

CHICAGO — If U.S. voters agree with the majority of dry cleaners who responded to this month's AmericanDrycleaner.com Wire survey, Mitt Romney will be elected the 45th president of the United States next month.

Nearly 62% of dry cleaners polled in the anonymous, unscientific survey say they are supporting the Republican ticket of Romney and running mate Paul Ryan. Roughly 24% are supporting Democratic incumbents Barack Obama and Joe Biden, and the remaining 14.3% are not sure at this time. No one who took the survey said they would not be voting for president, or that they are supporting a third-party or write-in candidate.

In comparison, four years ago, 80.8% of dry cleaners supported Republicans John McCain and Sarah Palin to only 14.1% for Obama/Biden and 5.1% for third-party or write-in candidates.