September 8th, 2012
10:57 AM ET
10 years ago

Video: Politics and the jobs report

(CNN) - CNN Chief National Correspondent John King looks at what the latest jobs report could mean for the November election.

The unemployment rate fell in August from 8.3% to 8.2%, according to the Labor Department report issued Friday, but that slip was fueled by 368,000 people dropping out of the workforce. The 96,000 jobs added is far below the generally accepted 150,000 needed to simply keep up with population growth.

On Friday, President Barack Obama called the last month's jobs report "not good enough" at a rally, while Romney told reporters that Obama "has been unable to deliver on virtually any of the promises he made when he ran for office four years ago."

Filed under: 2012 • Jobs • Mitt Romney • President Obama
soundoff (15 Responses)
  1. Kiki

    I thought that the unemployment rate was 8.1%, who edits this stuff?

    September 8, 2012 11:24 am at 11:24 am |
  2. Gurgyl

    I do not give darn hoot what job report speaks, now this nation is traveling in right DIRECTION. Understand????

    September 8, 2012 11:31 am at 11:31 am |
  3. Thomas

    The economy is slow all over the world , look at the big picture. If you want the GW Bush vision of how to return to insanity , vote for Romney.

    If you are going the long haul , vote Obama.

    Nothing is easy , unless you have a car elovator and ten homes.

    September 8, 2012 11:46 am at 11:46 am |
  4. T'sah From Virginia

    I thought that the unemployment rate was 8.1%, who edits this stuff?◄

    No one edits it or CNN is FLIPPING – Maybe most of the of the 368,000 not looking for jobs were college students returning to school – just maybe??

    Obama 2012 – The ONLY Trusted Way Forward because we ARE moving in the right direction!!!

    September 8, 2012 11:53 am at 11:53 am |
  5. melvin

    in the past 100 years the democrats has created 80.5 million jobs,the republicans has created only 36.5 million jobs.

    The last two X Republican Presidents Bush I,and BushII created 3.7 million jobs in12 years which adveraged out to about 26.000 jobs a month for 144 months.

    The last two X Deomcratic Presidents Carter,and Clinton created 32.6 million jobs in 12 years,which adveraged out to about 227.000 jobs a month for 144 months.

    This is so unbelivable to believe,but i went back in checked it over 10 times,and what this tells me is,the Republican party has got a very very bad record of creating jobs,and the Democrats needs to start talking about every second they get in the media.President Clinton brought this up at the Democratic convention in got a big ovation,but President Clinton only mentioned the past 50 years not the past 100 years like i did.

    September 8, 2012 12:41 pm at 12:41 pm |
  6. mmwansa

    I think the future is bright for every one in as far as jobs are concerned. All we have to do is to look back and see the mess the Republican President left. It is like what Bill said in DNC, "We left the mess but you didn't clean up fast".

    September 8, 2012 12:49 pm at 12:49 pm |
  7. Jerubbaal

    Bill Clinton said it best, 44 mil jobs created by dems compared to 24 mil for repubs. They cannot refute history.

    September 8, 2012 01:04 pm at 1:04 pm |
  8. Eddie The Barber

    How is it that the economy can continue to be stagnent with about 3.6% more unemployed that what economists call "full employment" which I beleive runs about 4.5%? In other words, there are always 4.5% of the workforce who are out of work – it never gets to 0% – so about 4.5% unemployed is called "full employment". What's going on when depending on how you look at it when well over 90% of the workforce is working? There must me other factors at work here.

    September 8, 2012 01:14 pm at 1:14 pm |
  9. Ayn Rand(author of 'Selfishness is a Virtue') was an atheist, so doesn't that make her disciple, Paul Ryan, "ANTI-CHRIST"?

    First off, ANY positive job growth is a plus, to spin it any other way is wrong, negative growth would be bad politically.

    Second, the S&P 500 is up 68% since President O took office, the highest of any recent President.

    Psst, FoxLite, the real rate was 8.1 stop using those "Fox facts".

    September 8, 2012 01:23 pm at 1:23 pm |
  10. Namejkane sfl a vote for the gop will cut your moms medicare and soc sec .can you afford to pay for them???

    Maybe the gop govenors are trying to keep the unemployment numbers high by laying off all these government employees in their states this year ,did anybody ever think of that ???? Every time there's an increase in the private sector hiring ,it seems the gop states ruin it by getting rid of public employees to make the jobs numbers worse then they really are ?????

    September 8, 2012 01:32 pm at 1:32 pm |
  11. 1608

    Cay n anyone stop a 10 year down turn in 3.5 years? I know Mitt can because he said he can. (r) ll the way to HOME ON THE STREET.

    September 8, 2012 01:38 pm at 1:38 pm |
  12. Namejkane sfl a vote for the gop will cut your moms medicare and soc sec .can you afford to pay for them???

    Maybe somebody should ask lyin Ryan why he returned that 60,000 campaign donation from the casino owner in his home state for ryans help in trying to get another licence ,maybe because of a federal investagation with ryans name included !!! Smells like a bribe !!!!!

    September 8, 2012 01:41 pm at 1:41 pm |
  13. ST

    What I do not understand is: Are those who have the job already vote against the President because others do not have any? If not, then basing only on job status, doesn't make any sense at all to guide anyone in how they should vote.

    September 8, 2012 01:47 pm at 1:47 pm |
  14. The Elephant in the Room

    If the unemployment rate went up even if the economy added 400,000 jobs in a particular month, what do you think the Republicans would harp on?

    Sorry GOP, the unemploment rate is your perferred metric. I`m sorry that it moved the wrong way for you political puposes.

    September 8, 2012 02:05 pm at 2:05 pm |
  15. Elizabeth

    Pundits don'[t give voters any credit. We are much smarter and informed than you think we are. We no longer have to take the pundits' words as gospel. We have all the inforation at the click of our hands.

    Americans understand where we came from. We felt it and it was real. It was one of the scariest times of our generation, and you just can't erase that feeling. We can feel things are getting better. It may be slow, but it is getting better. Anybody with commen sense knows that it is going to take time to fix the damage that was done to our financial system and that is why people are giving President Obama the benefit of the doubt.

    September 8, 2012 03:46 pm at 3:46 pm |