May 4th, 2012
03:25 PM ET
3 years ago

Jobs report crucial to presidential election outcome

(CNN) - Hands down, it's the most important monthly economic report in the race for the White House.

And April's numbers from the Labor Department didn't provide President Obama a lot to brag about.

FULL STORY

Filed under: Jobs
soundoff (37 Responses)
  1. ST

    I never get the logic of: "no any sitting president has ever re-elected if the unemployment is above 8%". Is this the formula of re-electing the president? Does it mean even those who have jobs (more than 60%) go and punish the president because others do not have any, without keeping in mind the situation of the economy?

    May 4, 2012 04:29 pm at 4:29 pm |
  2. Another Day in the RW Idiot Mines

    "So their CURRENT recession is caused by another country's TALK of spending cuts??? I'm not sure how much wacky tabacky it takes to get this statement out of ol' Tired Wire but it has to be quite a bit!! OK, come clean. You're an Obama economic advisor aren't you?!!"

    What he wrote was perfectly understandable and true. "Austerity" is a "plan" already in effect in Europe and it's killed them economically. The USA is PRESENTLY suffering in part because of the weaknesses those policies have caused in the European economy. So (a) you can't read and (b) you obviously aren't very good at keeping up with foreign events. Yer 0-2 so far!

    May 4, 2012 04:31 pm at 4:31 pm |
  3. FED up

    In the manufacturing portion of our economy many of the jobs that used to pay prevailing wages with benefits, have been replaced by Temp agencies offering minimum wage and no benefits or job security. Now many people can barely afford their bills and have no option for medical benefits through their employer. Yet Obama wants to make it mandatory for a citizen to carry health care. Then he wants to run around with Hollywood celebs and act like he's in touch. PLEASE!!! I feel sorry for any college student who has loans to pay off. They will be challenged to find a job not only in the field they studied but in general. A second term for Obama would be disastrous for America.

    May 4, 2012 04:41 pm at 4:41 pm |
  4. OBAMAROCKS

    We will vote the Congress/Repubs OUT...and keep Pres.Obama IN!!! Then we will have some job growth in this country! #MOVINGFORWARD. OBAMA/BIDEN 2012!!!

    May 4, 2012 04:42 pm at 4:42 pm |
  5. Sniffit

    "I love how lefties complain about outsourcing when the reason it's cheaper to do so is the monstrous cost of following government regulations."

    Now, please explain to the class why poison toothpasate and baby-killer cribs come to us from China.

    May 4, 2012 04:48 pm at 4:48 pm |
  6. Gurgyl

    GOP needs to be voted out. Mitt bain capital sells to china....

    May 4, 2012 04:48 pm at 4:48 pm |
  7. Democrat Class Warfare - Destroying the economy, destroying the country

    Another Day in the RW Idiot Mines
    What he wrote was perfectly understandable and true. "Austerity" is a "plan" already in effect in Europe and it's killed them economically. The USA is PRESENTLY suffering in part because of the weaknesses those policies have caused in the European economy.
    ===============================================================================================
    Ohhhhh, so these European socialist dummies should be spending MORE to get out of their debt crisis?! Yes, that's it. Except they are so far in debt, no one will lend them money anymore. But that shouldn't stop them right?! They should just PRINT more money like Obama is doing in order to spend your way out of going broke. So the solution to too much debt, is more debt. Or are you saying is you can never have enough debt and $100 TRILLION in debt is what every country should strive for to achieve financial nirvana?

    Egads, you leftists are so utterly cluelss. Are you EVER able to think more than one day ahead???

    May 4, 2012 04:56 pm at 4:56 pm |
  8. T'sah from Virginia

    Why is it that we have to sit around and wait for a 'BLOW BY BLOW" description of the job market – LQQK at the "TREND" – We are NOT losing jobs but gaining. With NO HELP from the Republi-PEANUT-can factory, I think we are doing the best we can. What is MITTens going to do "differently???" We were losing millions of jobs a month when President Obama took office – now what?

    By the way REPUBLICANS – Where are the JOBS you promised that will happen if TAX CUTS stayed in place!??? Pah-Leeeezzzzeeee – I rather keep moving FORWARD with a President I can TRUST – not someone that "flip-flops until he drops and LIES on the way!!

    Obama 2012 – The ONLY Trusted Way Forward!!!

    May 4, 2012 05:02 pm at 5:02 pm |
  9. Another Day in the RW Idiot Mines

    "A second term for Obama would be disastrous for America."

    A second GWB would be disastrous for America. There, FIFY

    May 4, 2012 05:06 pm at 5:06 pm |
  10. Ilya

    Coincidence - Obama will begin his campaign (officially) on May 5, which just happens to be Marx's birthday.
    He has been campaigning "unofficially" since November 2008.

    May 4, 2012 05:08 pm at 5:08 pm |
  11. Another Day in the RW Idiot Mines

    "Ohhhhh, so these European socialist dummies should be spending MORE to get out of their debt crisis?! Yes, that's it. Except they are so far in debt, no one will lend them money anymore. But that shouldn't stop them right?! They should just PRINT more money like Obama is doing in order to spend your way out of going broke. So the solution to too much debt, is more debt. Or are you saying is you can never have enough debt and $100 TRILLION in debt is what every country should strive for to achieve financial nirvana?

    Egads, you leftists are so utterly cluelss. Are you EVER able to think more than one day ahead???"

    It's low-information radical rightwing mental defectives who are utterly clueless. Since you're so concerned about "thinking ahead" have you ever heard of Keynesian economics? It's a proven success, unlike "supply side economics", "trickle down" and "tax cuts for the wealthy creates jobs" which are all proven FAILURES. And you falsely characterize an economic growth problem as a debt problem. Debt only becomes a problem relative to GDP, though I know that variables like that confuse your binary brain (or what passes for one).

    May 4, 2012 05:10 pm at 5:10 pm |
  12. Ilya

    The Department of Labor released the April jobs report this morning. The economy added just 115,000 jobs, once again shy of "expectations," and the headline unemployment rate ticked down to 8.1 percent. The media are working hard on behalf of Obama's re-election campaign by conveying that things are getting better. The truth is, however, the reason the rate is going down is because people are simply leaving the workforce. Some 522,000 people gave up, and labor participation is now at its lowest since 1981. Forward!

    May 4, 2012 05:11 pm at 5:11 pm |
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