THE US economy picked up in the third quarter of 2012, growing on an annualised basis by 2%, but the rise will do little to dent unemployment in America and Barack Obama will be hoping for a boost in non-farm payroll numbers next week to give his bid to stay in the White House a late lift ahead of polling day on November 6.
While the July to September growth figure is up on that for the previous quarter of 1.3%, it falls short of the 2.5% needed over several quarters to cut the jobless rate, which currently stands at 7.8% or 23 million people.
We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules, which are available here.
Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.
