Jobs report presents mixed blessing for Obama

By: Associated Press Email
By: Associated Press Email

WASHINGTON (AP) -- President Barack Obama got new figures Friday to buttress his argument that he's presiding over steady, if slow, economic growth. But the government's report that the overall rate of unemployment actually crept up to 8.3 percent allows Republican rival Mitt Romney to keep pressure on Obama to defend his record.

The new unemployment numbers showed that private employers added 163,000 jobs in July, the best pace of hiring in five months. The jobless rate rose, however, to 8.3 percent from 8.2. percent in June. And Romney jumped on it, calling the figures a "hammer blow" to middle-class families.

No U.S. president since World War II has faced re-election with unemployment over 8 percent.

Obama was expected to comment on the new jobs numbers later Friday morning at a White House event on middle class tax cuts. Romney was campaigning Friday in Nevada, the state with the nation's highest unemployment rate, before heading to fundraise in Idaho.

(COPYRIGHT 2011 BY THE ASSOCIATED PRESS. ALL RIGHTS RESERVED.)


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  • by Say What!! on Aug 3, 2012 at 08:16 AM
    Even the Daily Mail can get it right... http://www.dailymail.co.uk/news/article-2183178/Did-build-Blow-Obama-unemployment-rises-8-3-PER-CENT.html Not so much KKCO.. what a shame, a newsroom run by the clueless (or the political hacks)?
  • by Say What!! on Aug 3, 2012 at 08:10 AM
    CNBC seems to disagree with the All Propaganda (the Associated Press)... http://www.cnbc.com/id/48468748 It's time for the idiot who is in charge of KKCO to put down his putter and replace the people who post the "news." Either that or corporate ought to find someone who'd spend less time golfing and more time running a branch office. KKCO is becoming a joke.
  • by Say What!! on Aug 3, 2012 at 07:52 AM
    This is the best example of AP's pure propaganda, yet. Not only are jobs STILL in the toilet, but if you read Reuters, you'll get a completely different take on the numbers. http://ca.reuters.com/article/businessNews/idCABRE8720MP20120803 It's time for people to stop paying any attention to anything from the Associated Press. (And if there was an adult at KKCO, they'd either fire the moron who keeps posting AP stories or take away their crayon!)
  • by Liberty Location: Grand Junction on Aug 3, 2012 at 07:45 AM
    Misleading headline when over 23 million remain jobless. July figures will be revised next month and show new hires actually less than this fantasy report. Obummernomics don't work. BHO has got ta go!
  • by SAM Location: Grand Junction on Aug 3, 2012 at 07:14 AM
    The media and the government have distorted the unemployment figures to the point that none of the reports reflect anything close to facts. If you think that the unemployment in America is only 8%, you are not living in the same America that I am living in.
  • by Johnny Location: GJ on Aug 3, 2012 at 06:57 AM
    "Mixed Blessing?" "Jobs report beat forecasts!" (but the unemployment rate went up. I just punched you in the nose, but hey, at least I didn't shoot you in the head...now that wasn't so bad was it? How about a little honest reporting.
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