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White House reacts to new jobs numbers
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Political implications of latest report
- Duration 3:25
- Date Jun 1, 2012
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Political implications of latest report
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Bad news on the economy if you're just joining us now spelling bad news for president Obama's reelection efforts monthly unemployment numbers in America jumping for the first time.
In about a year rising to eight point 2% that after the jobs market in -- did not create nearly as many jobs as.
What we hoped for everybody and that means ambush that word by the way your track officially were on the record I'm Bill -- more vibrant here in -- here.
Yes and nice to be out Heather -- -- for Martha McCallum who is and on assignment.
American employers only creating 69000.
Jobs and they reaction swift from a Republican leaders listen.
Another a month of a disappointing -- job gains.
It's pretty clear that the American people are hurting.
-- small small businesses but I continue.
Two.
Avert a hard in an additional people.
And it's clear that the policies that we've seen.
Are not working.
Seven.
-- -- live from the White House source said that what are we hearing from the White House.
We'll have the other White House typically does not comment about these monthly jobs reports until an hour after they've been -- -- -- not to influence the markets or or here's the they have sort of any idea undue influence over.
And coincidentally when that our past the president was boarding Marine One for a trip for three fund -- in Minneapolis Minnesota -- off to Chicago after that this evening.
With three more fundraisers.
He is expected or makes -- make some remarks in Minneapolis.
About a jobs program for -- so perhaps he -- comment on the jobs numbers at that point and also deputy Press Secretary job -- is expected to gaggle with reporters aboard Air Force One.
So perhaps we'll hear something from him in lieu of that we do have a statement.
From the chairman of the council of economic advisors Alan Krueger who said -- -- White House blog.
Quote problems in the job market -- long in the making and will not be solved overnight the economy lost jobs for 25 straight months beginning in February of 2008.
And over eight million jobs -- lost as result of the Great Recession we are still fighting back from the worst economic crisis since the Great Depression.
But the political implications of these numbers are -- found.
And as you can imagine -- candidate Mitt Romney governor Mitt Romney quick to pounce on the latest job numbers he said quote.
Today's weak jobs report is devastating news for American workers and American families.
This week is -- a cascade of one bad piece of economic news after another slowing GDP growth.
Plunging concludes consumer confidence -- increase in the unemployment claims -- now another dismal jobs report all stand as a harsh indictment of the president's handling.
Of the economy.
That's just -- -- first shot out of the barrel candidate Mitt Romney could expect more to come as the day progresses at a and what are Democrats on the hill saying.
They're quick to pounce as well you heard what Republican speaker John Boehner just had to say and in the intro there but let's hear what -- little bit of -- Steny Hoyer and minority leader Nancy Pelosi had to say.
OK we've got a statement from Nancy Pelosi as she said quote the American people's top priority remains job creation yet Republicans have no jobs plan.
And as I said you heard what.
That's -- right -- had to say so.
Clearly congress very much deadlocked over this issue one of many issues that congress is deeply.
A deadlock over in this election year all right thanks very much says that Kelly reporting for us.
From Washington.