Main | Friday, August 03, 2012

Obama Nears Break-Even On Jobs

As the GOP continues to scream about unemployment, today's mildly positive jobs report shows that the economy has gained back almost all of the jobs lost since Obama took office. It's possible we'll see a small net gain by election day.
The president only needs job growth of just over 105,000 jobs created in each of the next three months to be able to say — undisputedly — that he created more jobs than were lost since the start of his administration. Hitting 316,001 jobs would be an important rhetorical victory for Obama — and missing the mark would provide Romney and Republicans with another attack to use against the president in the final days before the election.

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