Reid: 8 percent unemployment rate ‘arbitrary’ measure

BY:

Senate Majority Leader Harry Reid (D., Nev.) said an unemployment rate above 8 percent is an "arbitrary" measure when it comes to President Obama's reelection hopes, at the Nevada Democratic Convention over the weekend in Las Vegas.

According to the Las Vegas Review-Journal:

In Nevada, the jobless rate is 11.7 percent, while it's 8.2 percent nationally, a tick up from last month.

Both Villaraigosa and Reid dismissed the notion that Obama can't win re-election if the jobless rate stays above 8 percent. Reid dismissed it as an "arbitrary" measure and noted that Obama is doing all he can to create jobs in the face of what Reid calls GOP "obstruction."

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