(CNN) - President Obama called the latest jobs report indicating the unemployment rate has jumped to 10.2 percent "sobering," and pledged Friday to "not rest until all Americans who want work can find work."
"I just signed into law a bill that will help grow our economy, save and create new jobs and provide relief to struggling families and businesses," Obama said in the White House Rose Garden.
"The need for such a measure was made clear by the jobs report that we received this morning. Although we lost fewer jobs than we did last month, our unemployment rate climbed to over 10 percent, a sobering number that underscores the economic challenges that lie ahead," he also said.
CNNMoney.com: Obama signs jobless benefit extension
I am not speaking for the unemployed, I am disable myself, but employment or unemployment has nothing to do with the economy, and if it does has something to do with the economy, jobs are there if someone wants a "dirty job". Work through a labor pool years ago, if I don't want the job ticket I have dozens of mexicans willing to work. People get out of college and want to land a managerial position, instead to aim lower to get themselves a head start. Out of the 10.2 percent, I wont doubt that at least 8.0 percent were looking for a high paid position. If President Obama pledges to" not rest until all Americans who wants work can find work". He has lots of restless days ahead on him, because most Americans want to work, but want also more money. Instead to increase the unemployment benefits, or extend their benefits, they need to decrease their benefits, or just stop it, and you will see how quick they will find employment.
I am very concerned about our country, our way of life and Barack Obama's lack of experience during this devastating time in our Nation's history. And Congress - with Nancy Pelosi at the helm is indeed a joke. We need seasoned leaders that understand what is going on around them. Barack Obama's social conduct reflects poor judgement - he does not impress me as a hard working president.
Besides a lier, he is a "joke." Remember how many people said he was going to fix it, he was the savior, and here we are with unemployment growing everyday. When these "O" lovers are going to wake up and smell the mess he is making.
Put Romney in. He has both leadership experience and real world business success.
yea, that stimulus must be a delayed release, because im having a hard time seeing how its not a waste of money!
I am 1 American who welcomes the Unemployment Extention. It is food or mortgage here but anything helps. I have not time to judge President Obama because I am hungry, in debt and no funds to look for a job except on this borrowed computer. I dont play politics when I am hungry! Give the Prez a break!
I also recall some conservatives saying the stimulus was social spending. The guy has done everything to keep his promises, why don't you point the finger where it belongs, to greedy execs that won't sacrifice a 0 to keep people employed. It doesn't matter what the Pres. does, you won't like him regardless. I'm so disappointed with not the Pres., but with the American majority that places everything on the Pres. as though we have no responsibility in the scheme of things.
I think people have too much expectations on one guy to clean up this mess over night when he was given decades of irresponsibility due to bad decisions on both wall street and main street. I support Obama but I don't support the way this country is treating the hard working citizens. All of this bickering and partison division is not helping people who work pay check to pay check.I feel if the tax payer bails out these major companies, the best they can do to pay back that money is by offering jobs. There are a lot of angry people out here and with all this violence and crimes on the rise, I'm afraid the unemployed will take that anger out on their former employers because it appears their voices are not being heard on capital hill,
Ronald Reagan became president in 1981 after Jimmy Carter left him with a very bad economy. One year later, 1982 for those republicans, the unemployment rate was 10.2.
I know how much you guys love Ronald Reagan, so if his greatness was so good and you like to follow his model of recovery then Obama is right on schedule; and it's not even a year into his recover.
GREAT JOB MR. PRESIDENT!!!!
What do you mean sobering OBAMA> What do you care all your people are well fed by the government.
I continue to be amazed by the number of people who seem to hold President Obama personally responsible for the state of the economy. What world are you living in ... do you not "get" that much of this financial chaos was inherited from his predecessor?? Not to mention that countries around the world are experiencing similar downturns in the economy. Perhaps these people need to educate themselves a bit more on an issue before they comment publicly!
Can just one person tell me how paying unemployment will help create jobs? Just wondering because it was stated by oBLAHma.
Looks like alot of people here finally fell off the Obama bus. Reality is setting in and now they know they supported the wrong person for Prez. This is one of the few posts I have reviewed were the majority or people are bashing Obama rather than defending him like that have been for so long. Impeach Obama!!! While I'm typing, Gibbs is an even bigger idiot!!!
As a conservative I'm not going to tell the democrats that "we told you so". That Obama is just a know-nothing, do-nothing, never- accomplished-a-thing-in-his-life community organizer and these are the predictable results when you elect an unqualified amateur into office. I'm not going to say that to you democrats because that would just be rubbing your nose in all the failures piling up, so I won't say it.
To all of those who are screaming about the promise that unemployment wouldn't rise above 8 (+/-)%, how all this stimulus spending is the real problem, and how President Obama has lied to the public, may i remind you:
• The president before him came into office with a surplus and the prospect of budget surpluses for years to come, and he spent us into record deficits.
• The president before him told us that the Iraq war would cost no more than $20 billion and last no longer than a year at the most.
• The president before him was busy cutting brush at his ranch as the banking system collapsed.
• The president before him strutted onto an aircraft carrier in a flight suit and spewed lies under a banner saying "mission accomplished."
• The president before him spent more money than all others before him combined.
So if you want to wag fingers of blame, please do so. Just make sure they're pointed in the right direction. 8 years of mismanagement are not fixed in 10 months or even 4 years.
The only thing I see as unpatriotic in all of this is not getting on board and supporting a president who is trying his best to undo 8 years of mismanagement and sloppy bookkeeping.
To Josephina Brown- You have extremely short memory- How about when Reagan came into power. Bozo Carter left this country in a real mess- Prime rate 18.5% , unemployment on the rise, and on defense only 2 or 3 operational squad for the Air Force.
It's time to rid this country of the Loony Left
good thing that $1,000,000,000,000.00 (that's ONE TRILLION dollars for the monetarily challengened) Stimulus bill for this crisis was jammed, I mean 'passed', with such urgency, especially since it was absolutely necessary in order to keep unemployment from going over 8%.
how's that working for ya'll?
Lets see, W started with a 4% unemployment rate and left with a 7.2% unemployment rate and climbing. W started with a $400 billion budget surplus and left with a $1.2 trillion deficit. Yea, this must be President Obama's fault.
So how has the country done since Democrats took control of Congress in 2007, Anyone, Anyone, Liberals, Anyone. How many jobs lost since Obama came Washington and began voting with the majority Anyone Anyone, How did the government spending work in the Great Depression, Anyone, How did government spending work in Japans' lost decade, Anyone Real unemployment is 18% Everyone Everyone. $200 billion in spending negative 1.8 million jobs "Its spending, Thats the whole point" no Dumbo "It's not your money thats the whole point"
You are factually correct, the rate did climb to 10.2% at the end of Regans first year. The difference is that he didn't spend a trillion dollars to prevent it, Bozo did.
OK, Libutards....let's chant together "It's Bush's Fault! It's Bush's Fault! It's Bush's Fault". Feel better. Now go out and cash your gub'ment checks before the weekend kicks in.
One and Done for Stinkle Barry.
We are one year into this mess. 3 more years, and we can make Obama unemployed.
And as some people were quick to point out, the unemployment in 1983 averaged 9.6. Yes, Reagan was president. Yes, he did take over an even bigger mess from Carter. When Reagan left office it was 5.3.
January 2008 the rate was 4.9. It was 6.8 in November and 7.2 in December.
Obama promised, yes, he promised that the massive spending he did at the beginning of the year would keep it under 8%.
Hmmmm, this could come back to haunt him, the way "read my lips" came back to haunt Bush Sr.
Now, I know that Lacrosse Mom and her buddies will be crying, "It is not my handsome president's fault. He is wonderful, look at his family. Listen to him speak. Look at him bow to people who hate us. Look at him kiss Chavez's butt. How wonderful is he and we are unworthy to touch the hem of his robes."
Well, I have one word for you. Accountability. This is one is on Obama's plate. Sorry.
I think Republicans have lost their minds- They want to assail Obama over jobs, but they don't want a stimulus bill for the Public sector. They don't want more bailouts. So, guys, where in the world are the jobs supposed to come from?
On top of that the Republicans want to forget their gross mis-mamangement of pretty much everything from the last 8 years. Either they think Obama can undo their damage overnight- are are mad he can't, or they don't see just how awful their tenure has been.
Look, we are all screwed! The economy is in it's infancy of tanking. Citi is going down and I imagine a host of other financial's as well. Did anyone really believe that the financials would be able to pay Obama Bucks when the economy was still uncertain and tanking?
The only thing Barack has done is devalue the dollar on the world stage and do the old management push back that got us all here to begin with.
Kick this fool to the curb with Pelosi, double the presidential salary and get Romney in!