Bleak news for Democrats in jobs report

? The economic die is cast, and it’s grim news for Democrats. There’s nothing now that Congress or President Barack Obama can do before the November elections to jolt the nation’s listless recovery.

President Barack Obama greets workers Friday at Ernest Maier, a brick and masonry company, in Bladensburg, Md.

Friday’s unemployment report — the last major economic news before the midterms — showed the nation continued to lose jobs last month, reinforcing the bleak reality that it probably will be not months but years before the jobless rate returns to pre-recession levels below 6 percent.

With nearly 15 million Americans still without work, that increases the pressure on Democrats ahead of the Nov. 2 elections. And it also casts a dark shadow well into the 2012 election season and beyond.

“We won’t see under 6 percent for five years,” David Wyss, chief economist at Standard & Poor’s in New York, said Friday after the Labor Department reported that 95,000 more jobs were lost in September and the unemployment rate held at 9.6 percent. “It’s going to be a slow recovery.”

Economists say at least 100,000 new jobs must be created each month just to tread water and keep pace with growth in the labor market.

Democrats, who now control the White House and Congress, are sticking with a positive line: The economy is moving too slowly for anybody’s comfort, but Obama and his congressional Democratic allies have laid the groundwork for future prosperity. They are blaming the downturn on the policies of Republican George W. Bush’s eight-year presidency.

“We have to do everything we can to accelerate this economy,” Obama said during a visit to a brick and masonry company in suburban Maryland on Friday. He noted that the new report showed weakness in state and local government hiring, and he criticized Republicans for opposing additional federal aid to states.

Republicans insist just as strongly that Obama’s policies are moving the nation in the wrong direction.

House Minority Leader John Boehner, speaking Friday in his southwest Ohio home district, called the Nov. 2 elections a referendum on job losses on Obama’s watch.

“This coming election is about one issue: jobs,” he said. “It’s about jobs that were promised to the American people by the current administration and were never delivered.”

Unemployment has now topped 9.5 percent for 14 months in a row, the longest stretch since the Great Depression of the 1930s. And while government figures show the economy has been growing for nearly 15 months, it’s been doing so at a snail’s pace. Most Americans, polls show, believe the country remains mired in recession.

Congress, meanwhile, has left town until after the midterms, failing to decide what to do about wide-ranging Bush-era tax cuts that are due to expire Jan. 1. Uncertainty over those tax cuts itself is contributing to the lack of hiring as businesses, especially small ones, attempt to figure out what their tax burdens will be next year.

Obama and Democratic leaders want to let the tax cuts expire for wealthier Americans but extend them for the middle class. Republicans and some Democrats want to extend them for everybody, arguing that this is no time for any tax hikes.

Also adding to political woes for Democrats just ahead of the mid-term election: The government is scheduled to announce the cost-of-living adjustment for Social Security benefits next Friday, and the trustees that oversee the retirement program project there will be no increase for the second straight year. By law, the increases are based on inflation, which has been tame due to the recession.

Social Security recipients received a sturdy 5.8 percent boost in payments after the sharp, but relatively brief, runup in oil prices in 2008 — but no increases since.

The jobless level remains high even though Washington has hurled trillions of dollars at the problem. The efforts include an $814 billion stimulus package and the $700 billion financial institution bailout.

Also, the Federal Reserve has held the short-term interest rates it controls near zero for months and has flooded the nation’s financial system with hundreds of billions of dollars in newly created money. Given Friday’s discouraging jobs report, the Fed now seems more likely to increase the money supply even further to prod growth.

Polls show little public appetite for additional congressional spending on stimulus, and a darkening view of Obama’s ability to deal with the economy.