(CNN) - Mitt Romney was the first Republican presidential candidate to react to November's promising jobs report, criticizing President Barack Obama's performance and saying that "the fact that so many millions of Americans are unemployed only highlights the urgent need for a fundamental change in the direction of our country."
The Labor Department on Friday announced the nation's unemployment rate fell to 8.6% last month, the lowest level since March of 2009, with employers adding 120,000 jobs, marking a pick up in hiring from October. Economists surveyed by CNNMoney had expected an additional 110,000 jobs in the month and the unemployment rate to remain unchanged.
Job growth from the two prior months was also stronger than originally reported, which was behind the drop in the overall unemployment rate. An additional 72,000 jobs were added during September and October combined.
Romney, the former Massachusetts governor who's making his second bid for the GOP nomination, put out a statement minutes after the release of the Labor Department report, saying that "today's unemployment figures bring to 34 the number of months that unemployment in the United States has been over 8 percent, the longest such spell since the Great Depression. The Obama administration may have come to accept such a high level of joblessness as the new normal. I will never accept it."
"It's very good news obviously, going into the holiday season. People are shopping again. So very good news that the unemployment rate is down, more people back to work. But look overall at the president's record on the economy. Its been miserable," added Romney, in an interview Friday morning on Fox News.
Polling indicates that the economy, by far, remains the top concern of American voters, and that jobs remain, by far, the most pressing economic concern.
The White House applauded the new numbers, but said more work remains.
"Today's employment report provides further evidence that the economy is continuing to heal from the worst economic downturn since the Great Depression, but the pace of improvement is still not fast enough given the large job losses from the recession that began in December 2007," said Alan Krueger, Chairman of the Council of Economic Advisers, in a statement.
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The unemployment drop is great news for America & the President, bad news for the GOP obstructionists and Romney. He's seeing his election chances slip and is getting desperate. You can't spin this negatively - it's good news.
LOL!! The unemployment rates drops and all you continue to hear is that the sky is falling. I just want to know why is the unemployment rate dropping? Why is the private sector the only engine spurring job creation? Obviously, it can't be the Congress since they haven't agreed on anything and nothing has been passed by them to help the economy since 2010. Could it just be the result of the stimulus that Obama put in place when he got into office?? OH NO!! You mean Obama might know what he's doing. That would be a SHAME!! OBAMA 2012!!
That's right, Mitt, you won't! The rate will go up after you and the repubs pull the tattered rug out from the middle class and poor to help the rich.
Any drop is certainly not due to any of The Great Divider`s policies.
Mitt Romney nice try, to think that the American people won't notice the unemployment rate dropped to 8.6%. I know you and your buddies are shaking in your boots because you know that if the economy continue to improve your whole campaign falls apart. You will not beat Obama in 2012 even if the unemployment rate stays at 8.6%!
The unemployment rate could be .01% and the GOP would still be slamming President Obama.
Ok, Mittens. You are washed up.
Unemployment rate better than last month yes good news
"Today’s unemployment figures bring to 34 the number of months that unemployment in the United States has been over 8 percent, the longest such spell since the Great Depression.”
Really Romney past 60 months your polls number never improved what about that
Nothing Obama will ever do that will receive Republican support. We all now know that if Republicans supported Obamas job creation effort, this country job picture would have been better than it is now. It is satanic to continue spending billions of our tax dollar building ghost roads and bridges in Afghanistan, Pakistan and Iraq when our own is in decay. This is lunacy!!!
It is also interesting that Republican tax plan is to fire 200,000 federal work force! Why not start with their own staff at Washington and local offices? Some of them have bloated work force and can prove that with atleast 4 of Reps here at North Texas. Charity begins at home. Lets cut Congressional staff,allowances and make Congress PAY PER WORK JOB OR WE PAY THEM ON % OF GDP.
This is coming from a man who govering a state that was 47th in job Creation.
President Obama you are doing a good job, keep up the good work.
uhm, uhm, I guess your are getting nervous Mitt, the economy is coming back > "All Hail to President Obama"
Romney is critical of Obama over the employment situation in the US because it is showiing signs of improving which means voters gain confidence in Obama presidency and give him a second term. Romney wants the job situation not improve and let the millions of Americans suffer so that he may get elected. Pathetic.
At least Rick Perry's memory lapses are real. The rest of the Repub. candidates for president choose to have a memory lapse. Let me remind them....guys the jobs began to tank in 2007 when GWB (a Republican) and your friends on Wall Street caused that due to lack of regulations.. And now you want to keep it that way in order to slam President Obama and call him a "failure." And if you think the Americans don't know who is holding this country hostage, let me jog your "brains(?)".....the Republicans and Grover Norquist.
""today's unemployment figures bring to 34 the number of months that unemployment in the United States has been over 8 percent, the longest such spell since the Great Depression. The Obama administration may have come to accept such a high level of joblessness as the new normal. I will never accept it.""
Minutes after release? Haha. These guys are so lame with the predictable knee-jerk talking opint blather. Must've been so disappointing for Mittens' staff to have to change that to "8 percent" after working so hard with their tiny little partisan birdy brains writing it last night with the phrase "9 percent" in it.
At least Rick Perry's memory lapses are real. The rest of the Repub. candidates for president choose to have a memory lapse. Let me remind them....guys the jobs began to tank in 2007 when GWB (a Republican) and your friends on Wall Street caused that due to lack of regulations.. And now you want to keep it that way in order to slam President Obama and call him a "failure." And if you think the American people don't know who is holding this country hostage, let me jog your "brains(?)".....the Republicans and Grover Norquist.
Can we be surprised at this response. The fact is the employment rate is gradually improving. Obama in 2012 because there is no credible Republican candidate. Mitt is the Republican version of Kerry.
Good Job Obama!! I mean, since clearly the GOP wants to BLAME Obama for every single job that is lost in this country, they're going to be happy to give him CREDIT for every job that is found, right?
Ohh.. wait.. no.. if it's bad – it's Obama's fault. If it's good – it's in SPITE of Obama. Got it..
Republicans look rediculous.
And if the GOP has it's way, the jobless would go drastically up as soon as you start seriuos cutting the budgets, many public sector workes will lose their jobs. No one ever talks about that though. 20,000 state and local workers were cut last month. About that many people are losing their jobs every month because of cuts. I'd like to see a report of how many small business are struggling or have closed due to budget cuts. There are many HUB's, minority owned or women businesses that rely on government contracts. How many of those can survive the impending budget cuts................Let's have a discussion around that.
I used to think Romney was a wee bit more trustworthy than his GOP/TP bretheran. But, when he pulls the "It's Obama's fault" routine on jobs after his party crashes the economy in '08, then only doles out aide to the richest 300,000 Americans, I really figure that he is just as twisted as the rest of them.
The richest in USA say tax the rich.
GOP has been blocking executive branch committee appointments for 3 years, preventing quorums, creating govt that is broken.
now they are whining about economic problems of their own making.
what country are they citizens of? Rushland? Murdoch, inc? The Fascist Republic of Beck?
It's in Mitt's interest to have the American economy hurting, so he has to spin good job news as something bad. He wants "a fundamental change in the direction of our country"? Well, since things are getting steadily better, that could only mean that he's wishing things would get worse. And of course, he does wish things would get worse, as it would benefit him directly.
If Mittens were an honest man, he would congratulate the president on doing the best he could, given the mess handed him by Bush and the Guardians Of Plutocracy. But instead, he's a lying SOB.
How in God's name could Romney find something negative in today's jobless numbers. Obama is dealing with the Bush/Cheney economic disaster and it's not like ordering something you want at a fast food restaurant – this is a giant economy and a giant problem and it's going to take some time to correct – or we could return to those "protect the rich at all cost" policies that Romney would bring back and head back in the wrong direction again. This guy is a stiff and a one trick pony and he may be watching his pony run away.
Romney 2012 !!! A true leader for America. If he becomes president. I guaranteed to the American People that they will see a much better United States. It will be the best feeling to see it.
mitt better aim his fire at newt at this momoent. as far as the economy goes, it is way better then it was when president obama was elected. at least we are adding jobs and not losing them at the rate of 600-700 thousand a month. a first grader could figure that out.
Are Republicans capable of saying ANYTHING good about this President?
It is so ridiculous the way the GOP/TP is always criticizing! To say the Administration has come to accept this level of unemployment is an insult! While the GOP is advising businesses not to hire – the President is working to improve steadily the economy! I trust his work and good will much more than the GOP “lying” about the economy that they tanked, Congress refusing to work – without taking any responsibility. Hey, Romney, call your friends in Congress! Out with those “pledges” 2012!