Job growth in the 14 states pivotal to the presidential election has advanced at a slower pace than in the rest of the US over the past year, a potential source of concern for President Barack Obama’s re-election campaign.
The 14 swing states generated 406,000 new jobs between March 2011 and March 2012, a rise of just 0.97 per cent relative to a base of 41.8m positions.
This rate of payroll formation lags behind the remaining states and the District of Columbia, which have seen 1.22m new jobs over the past year, an increase of 1.36 per cent from a base of 89.3m positions in March 2011, according to Financial Times calculations based on labour department data.
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