The U.S. jobless rate will be 7.7% in November 2012, the highest level for a presidential election month since Jimmy Carter defeated Gerald Ford in 1976... well below the 8.9% reported by the Labor Department for February... On average, the 54 respondents... forecast the jobless rate will be 8.8% in June and 8.4% in December of 2011
Yes, even if it’s 25%, it will be “7.7%.”