Jobs report hampers Obama's economic message?
June 3rd, 2011
10:41 AM ET

Jobs report hampers Obama's economic message?

The latest jobs report fell significantly short of expectations, though the White House and Democrats stress this marks the 15th straight month that private-sector employment has grown. Still, stories like this aren't good on a day the White House was hoping to tout the economic recovery.

CNNMONEY:

In yet another alarm bell of a weakening U.S. economy, the job market took a disappointing turn in May.

The economy gained a mere 54,000 jobs in the month, a significant slowdown from 232,000 jobs added to payrolls in April, the government reported Friday.

The report was a major disappointment to economists who were expecting a gain of 170,000 jobs, according to a CNNMoney survey. Most believe the economy needs to add about 150,000 jobs a month just to keep pace with population growth.


Topics: President Obama • The News

soundoff (10 Responses)
  1. kelly

    Really need people to start hiring the increasing number of unemployed since 2001 to boost taxes received; shopping and business purposes and most of all livelihood.

    June 3, 2011 at 1:12 pm |
  2. Bill in STL

    But I thought the POTUS said all was well..... Did he lie?????? 😉

    June 4, 2011 at 12:03 am |
  3. carrotroot

    It's not the most encouraging news, these dips are to be expected especially as more people begin looking for a job. However I think the Republicans are making a grave mistake when they try to wash their hands of this jobs report, they are just as much responsible for this number as is the President. I think we were doing much better before the Republicans took control of the House and stymied the recovery.

    June 4, 2011 at 1:07 am |
    • jean2009

      They are more responsible since it is the Republican policies of deregulation and inattention to infrastructure that caused the problem. Now, all they want to do is sit back and whine and block any substantive method that would alleviate the problem. For heaven sakes, just end the Bush era tax cuts by 2020 we could pay down the national debt by 50% on the savings. We have a big revenue problem and cannot afford more subsidies and tax breaks for those who can fend for themselves.

      Getting the economy out of the ditch Bush policies put it in, is going to be a slow uphill push and not each month will individually will be the same. All we need to do now is remove the Republican roadblock from congress.

      June 4, 2011 at 7:05 pm |
  4. Liz Carter in Georgia

    That's the idea! Halt, block, stonewall, and stall everything that could spike up job availability that the Democrats put out on the table! No matter who it ultimately hurts! This IS the mission of the most of the GOP, the Tea Partiers, and all the rest of the haters! Let's make him look like an inefficient, incompetent fool! A joke! This is what they wake up and say everyday....'He will regret the day he even came up with the gall to even think about running for President of OUR country'! 'Yeah boy'! EVIL!

    June 4, 2011 at 3:31 pm |
  5. Liz Carter in Georgia

    As I so agree, Jean2009!

    June 4, 2011 at 10:54 pm |
  6. Liz Carter in Georgia

    Check out 'TOO BIG TO FAIL' on HBO!

    June 4, 2011 at 11:29 pm |
  7. maikl

    GUILTY NOT OBAMA. BUSH,OOO YES, EVEN AFTER ANOTHER YEAR OBAMA,NOT OBAMA. BUSH AGAIN. OBAMA NEVER GOING TO ADMIT HE IS RESPONS.PARTY. SOME TIME I FEEL THAT BUSH STEEL OUR PRESIDENT. MAYBE IT IS.

    June 4, 2011 at 11:56 pm |
    • jean2009

      Sorry that the truth offends you, but it is hard to change the fact that the Bush policies caused the current situation. That is just the factual truth. If you were old enough to remember the depression of the 1930's and the mess that trickle down economic policies caused then, and again following Reagan, you would realize that repairing years of mismanagement takes time and effort. The current Republican congress that blocks every effort is not helping the recovery situation. At least Franklin Roosevelt had a congress that was not dragging its feet, and blocking legislation that would help. The president doesn't pass legislation congress does...then it is the president who signs of veto's the legislation.

      June 5, 2011 at 3:44 pm |
  8. Liz Carter in Georgia

    Most times when people talk and aren't saying anything worthwhile, that's when they're the loudest. They get a kick out of hearing themselves yell! It's just like that choir singer, whom everyone else knows can't carry a note in a bucket to the back of the choir room! LOL! Yet that one is always the LOUDEST! LOL!

    June 6, 2011 at 9:21 am |