President Barack Obama’s approval has sunk to only one percentage point above the all-time low in November 2011, according to a new poll released Wednesday by NBC and The Wall Street Journal.

Only 45 percent approve of his job as president, and 50 percent said they disapprove, mainly because of their view of his handling, or mishandling, the economy.

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The most serious drop in his support was among African-Americans, whose support for President Obama now is 10 points less than it was in June and 15 points below the level in April.

The American public is even less happy with Congress. A grand total of 12 percent of the respondents gave the legislative body an approval rating, tying it to the previous all-time low.

Reminder: Mid-term elections are more than a year away.

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