REPORT: No Dent In Unemployment
Mitt Romney is live on CNN right this minute crowing about the just-released June jobs report which shows no change in the unemployment situation.
The nation's unemployment rate was unchanged at 8.2% for the second consecutive month, the Labor Department said Friday. Businesses added 84,000 jobs, while government payrolls fell by 4,000. A consensus of economists had estimated that payrolls grew by 95,000 jobs last month, including 103,000 in the private sector. The report also could help determine President Obama's reelection chances because voters' perception of the economy tend to take shape in the summer. Weak job growth and an unemployment rate stuck above 8% the next few months could work to the advantage of Mitt Romney, the presumptive Republican presidential nominee. An Associated Press-GfK poll in June found that more than half of those surveyed disapproved of the president's handling of the economy.
Labels: 2012 elections, economy, employment