A key government measure on the nation's jobs situation reported today that the U.S. unemployment rate for June edged up to 9.2 percent. Job gains continued in professional and business services along with mining.
Over the past 2 months, job growth has slowed markedly. Employment rose by an average of 215,000 per month from February through April of this year, compared with an average of 22,000 for May and June.The full Story is HERE.
The President's Statement this morning on the unemployment rate:
"Today's abysmal jobs report confirms what we all know - that President Obama has failed to get this economy moving again. Just this week, President Obama's closest White House adviser said that 'unemployment rates or even monthly jobs numbers' do not matter to the average American.
"If David Plouffe were working for me, I would fire him and then he could experience firsthand the pain of unemployment. His comments are an insult to the more than 20 million people who are out of work, underemployed or who have simply stopped looking for jobs. With their cavalier attitude about the economy, the White House has turned the audacity of hope into the audacity of indifference."Did you sign Romney's petition?
"Rising unemployment rates and extremely anemic job creation are not acceptable. Even in great hardship, the American people have been extraordinarily patient in waiting for the better and brighter times promised to them by this Administration. Their patience has rightly worn thin. We need free-market, pro-growth policies to spark a wave of job growth – the same policies we implemented in Utah to make it the fastest-growing state in the nation. America needs new leadership to turn our country around."Tim Pawlenty:
"President Obama is out of answers and running out of time. His policies are not creating the necessary jobs and he has no plan to do anything about it. We will have continued anemic growth and disappointing job creation so long as Barack Obama is president. I will turn around the economy as president by setting bold growth goals and implementing specific proposals to achieve them."Michele Bachmann:
"Today's unemployment report is another stark reminder of the failure of President Obama's economic policies. The President promised if we passed the massive stimulus package that unemployment wouldn't go above 8 percent, we are now at 9.2 percent. Unfortunately, millions of Americans are suffering today as a result of the president's broken promise and his policy of attempting to create jobs through massive government spending that has added over 35 percent to our national debt.
"Amidst this economic freefall, it should not be lost that the architect of the President's failed economic policies, Timothy Geithner, will head for the door after he attempts to cement the President's legacy of massive spending and debt by raising the debt limit another $2.4 trillion dollars. We can only hope that the President will be right behind him after the next election.
"The President promised 'shovel-ready' projects that would create jobs, but now the President says 'shovel-ready was not as shovel-ready as we expected.' Mr. President, it's time to take the shovel out of your hand and stop digging. ATM's aren't responsible for our high unemployment rate; your administration's threat of higher taxes, massive government spending, and overregulation are."
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