Romney declared the continued high unemployment a “kick in the gut.”
A stand-pat jobs report that showed a net of only 80,000 jobs created in June and an unemployment rate unchanged at 8.2 percent set a new standard from which to judge the president and for Romney to attempt to exploit just four months from Election Day. Yet even as the economy dominated, the fallout over the Supreme Court’s decision on health care and Romney’s shifting response to it also continued to reverberate.
“It’s still tough out there,” Obama conceded to a campaign crowd in this small village outside of Youngstown, Ohio. He noted that the private sector jobs created in June contributed to 4.4 million new jobs over the past 28 months, including 500,000 new manufacturing jobs.
“That’s a step in the right direction,” he said "
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Republican presidential candidate Mitt Romney says the nation's ongoing sluggish job growth is unacceptable and his policies would work better than President Obama's. He calls another flat jobs report a “kick in the gut” that must end.Read more
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Berkeley: The United States has just completed its third year of economic recovery, but the unemployment rate remains above 8 per cent, and there are worrisome signs of a slowdown. So it is no surprise that jobs have become a major focus in the ...Read more