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Obama Responds to Unemployment Numbers
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Obama responds to September jobless rate which fell to 7.8%. The lowest since the president took office.
- Duration 2:59
- Date Oct 5, 2012
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Obama responds to September jobless rate which fell to 7.8%. The lowest since the president took office.
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The President Obama hitting the campaign trail today -- things stay it's welcome to the second hour -- -- and generally I'm John Scott.
The president ending his week without positive economic report -- the unemployment rate drops to the lowest level since he took office.
Well he is now on his way to Ohio after speaking in Virginia a short while ago.
Mr.
Obama touts the new unemployment report telling the crowd it shows that his policies.
Are moving the country forward.
The September jobless rate dropping to seven point 8% it's down from eight point 1% done -- -- live at the white house with more -- And John these new unemployment numbers obviously coming as tremendously welcome news to an Obama campaign that is this still reeling.
From what most now agree was a lackluster camp debate performance at last Wednesday at a campaign stop in Fairfax Virginia just a few short miles -- -- Mason university.
The president departed from his a standard stump speech to tout these new numbers.
-- just moments ago.
-- today's news.
Certainly is not an excuse to try to talk down the economy to score your political points.
It's a reminder that this country has come too far.
The turn back now.
Because of your strength and resilience the strength of resilience the American people.
We made too much progress to return to the policies that led to the crisis in the first flights.
But behind these apparently encouraging.
I don't unemployment numbers are some very confusing and complicit conflicting statistics.
The number of unemployed dropped 456000.
Last month while only a 1141000.
New jobs were Addison at least 300.
And 42000 people kind of up in the air did they leave the United States.
Did they give up looking for work.
Dean Baker of the center for economic and policy research and DC told Fox News quote.
The jump and employment reported in September was almost certainly a statistical.
Fluke.
The Romney campaign largely dismissing these new unemployment numbers as another sign of a stalled economy.
Governor Romney expected to make comments at a rally in Abington Virginia at any moment but his campaign issued a statement that read quote.
This is not what a real recovery looks like we created fewer jobs in September then in August and fewer jobs in August than in July.
And we've lost over 600000 manufacturing jobs since President Obama took office.
If not for all the people who have simply dropped out of the labor force the real unemployment rate would look closer to 11%.
There will be John one more jobs report to come out before the election that coming out on November 2 the Friday just four days before Election Day we will find out then.
Whether two months in a row.
Jobs report makes a positive trend or not everybody be watching -- that when John.
And the revisions down the road -- Mattel -- in Washington that thank you.