Friday, September 07, 2012

Job Creation Weak

Following a DNC that touted the creation of jobs and more coming, the latest jobs reports shows continued weakness.

The 96,000 jobs created are well below expectations for August.  Job numbers for June and July were also revised downward.  June created only a revised number of 141,000.  July showed even more weakness as the number of jobs created fell to 45,000.

The unemployment rate, however, ticked down to 8.1 percent.  While the Obamna campaign may look to that as good news, the number of people in the workforce has decline to the lowest number since 1981.

Overall, a weak jobs report for a weak president and a campaign struggling to make it sales pitch to voters.

The GOP campaign should look at the number of jobs created and the workforce numbers as a continued failure of president Obama and his failed policies. 

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