New York (CNNMoney) - Businesses hired far fewer workers than expected in May, throwing into doubt the strength of the economic recovery.
The unemployment rate rose to 8.2%, as people rejoined the labor force.
Looks like Obama fails again.
Hold on a little longer, America. Help is on the way.
Remember that the most incompetent, inept, corrupt, union toady president in our history said that if we spent a trillion dollars on the "stimulus" program that gave money to the corrupt union bosses and people who contributed to his campaign that it the unemployment rate would not rise above 8%. The hair plugged gaffing Vice President then declared the summer of 2010, the "summer of prosperity." These are the same people who are saying Romney has no experience. Do they have credibility?
how are you all liking that hopey changy thing? Obumma is a dismal failure....things will not turn around until he is gone from office
Heckuva job, Barry.
On hearing the news, the white house announced that they had discovered that when Mitt Romney was six years old, he once called his neighbors cat a name and stuck his tongue our at it.
When asked about the very disappointing economic news, the white house reply that yes, they had indeed killed OBL.
Wonder what the SPINNER in chief and his "team" will do with this one ???? Oh I know its Bush again!
It always ticks up when people start looking for summer jobs -– DUH.
John Boehner and the GOP have never lifted a hand to help the Obama administration create jobs or save the economy but now they say they have a plan, B.S. They have always claimed the Bush era tax cuts would create jobs and that too was B.S. Remember Republicans said they were going to make sure President Obama failed no matter what it took and that isn't the American way. Rush Limbaugh said he would leave the country and he failed to keep his word.
Romney 2012. The Alternative Sux.
Many major companies are slimming down to increase profits.
It is not the responsibility of the President of the United States to create jobs. It is the role of the individual Governors to make policies that provide a favorable enviroment in their inividual states to create jobs. No President decides which jobs or businesses locate in a particular state. Hold the governors accountable for the fate of their own states – not the Commander and Chief.
World is in slow, ok.
►"Unemployment climbed again according to today’s report from the BLS. The unemployment rate increased to 9.1% from 9.0% and payrolls were up a disappointing 54,000 jobs. The Wall Street Journal’s panel of economists were predicting that unemployment would decline to 8.9% and that jobs would increase by 160,000. This is the smallest job gain in a year."◄
Do you think the above was written about today's numbers for May, 2012? Do you think the media will point out that the same thing happened last year in May, 2011??? Do you think the Republicans will point this out or EXPLOIT it and blame President Obama? WAKE UP AMERICA – The month of May is NOT, never will be or never was a month when JOBS flew off the charts and the numbers increased!!!! The markets will "freak out" for 10 seconds and the day will end fine!!!
Obama 2012 – The ONLY Trusted Way Forward!!!
unemployment rises, stocks plunge........november cannot come soon enough
Leave it up to republicans to play the blame game.
And we can expect the typical GOBP propaganda from the cult that refuses to admit its failed economic policies created the horrible meltdown and exploding deficit. The "party of personal responsibility" refuses yet again to take responsibility for its own massive failures.
hey america, 4 MORE YRS. OF THIS . THE REAL # IS LIKE 15 TO 18% GOD HELP THIS GREAT NATION.
And that's why people who wants less unemployment rate should and will vote for Romney. 87-13.
Given what is going on in the world, it isn't a huge surprise. Europe isn't do all that well; the Chinese aren't letting their currence float as they should. This is just to name a few things. Since rates are low, let us spend some money to rebuild and set up the infrastructure to have safer roads and bridges, better internet connections available for all, safer, more efficient and more secure power grid, faster railroads (high speed going up and down the coasts, one in the middle and at least two to cross the country) and new air traffic control system to make the skys safer.
the president has been doing everything to increase jobs. The government cuts have not helped and repos go out of their way to slow economy down. Move forward Obama 2012 Not backward with milk toast mitt