New York (CNNMoney) – Clint Eastwood's biting criticism of President Obama was a big hit with the crowd at the Republican National Convention. But his reading of the nation's unemployment situation missed by a wide margin.
Eastwood's speech on Thursday night mocked supporters of the president like Oprah Winfrey, who cried the night Obama was elected for years ago.FULL STORY
(CNN) - In his weekly podcast, Mitt Romney called out President Barack Obama for weak leadership on the economy, and said that under his administration, "help is on the way."
"Anxiety has never been higher," Romney said in the remarks, noting that unemployment increased in 44 states in the latest week reported. "Another new report out of Washington warns that higher unemployment and a double-dip recession will be a reality next year unless immediate steps are taken to avert what they're calling a 'fiscal cliff.' "
(CNN) - After repeatedly pinning the president for the unemployment level, which now sits at 8.1%, Mitt Romney pledged he could cut the rate by two points if he makes it to the White House.
"I can tell you that over a period of four years, by virtue of the policies that we'd put in place, we'd get the unemployment rate down to 6%, and perhaps a little lower," the presumptive GOP nominee said in a TIME interview published Wednesday.
Washington (CNN) - Both the presumptive GOP presidential nominee and the chairman of the Republican National Committee were quick to use April's unemployment numbers to criticize President Barack Obama's job on creating jobs.
"It's a terrible and very disappointing report this morning. Clearly the American people are wondering why this recovery isn't happening faster, what's taking years and years for the recovery to occur. And we seem to be slowing down, not speeding up. This is not progress," Mitt Romney said Friday in an interview on Fox News.
New York (CNNMoney) – The unemployment rate unexpectedly fell in April as workers dropped out of the labor force and hiring slowed.
The economy added 115,000 jobs in the month, the Labor Department reported Friday, down from March when the economy added 154,000 jobs.FULL STORY
(CNN) – Following up on the sluggish job numbers released Friday, the White House maintained the economy is still undergoing growth.
"There is more work to be done, but today's employment report provides further evidence that the economy is continuing to recover from the worst economic downturn since the Great Depression," said Alan Krueger, chairman of the Council of Economic Advisers, in a statement.
(CNN) – Top Republicans responded to new job numbers released Friday, which showed a lower-than-expected increase of 120,000 jobs in March and a slight slip in the unemployment rate to 8.2%.
Republican leaders used the moment to pin the president over the still-struggling economy.
New York (CNNMoney) – Hiring slowed dramatically in March, clouding optimism about the strength of the recovery.
Employers added 120,000 jobs in the month, the Labor Department reported Friday, marking a significant slowdown in hiring from February, when the economy added 240,000 jobs.FULL STORY
New York (CNNMoney) – The government on Friday will release its March jobs report, a crucial measure of the health of the economy.
Economists surveyed by CNNMoney expect the report to show that employers added 200,000 jobs in March, and that the unemployment rate fell by 0.1% to 8.2%.FULL STORY