Reacting to Friday's announcement of unemployment dropping below 8 percent, Mitt Romney said the slowly improving economic climate "is not what a real recovery looks like."

"We created fewer jobs in September than in August, and fewer jobs in August than in July, and we’ve lost over 600,000 manufacturing jobs since President Obama took office," Romney said in a statement. "If not for all the people who have simply dropped out of the labor force, the real unemployment rate would be closer to 11 percent."