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June Jobs Report Shows Unemployment Has Remained Unchanged: Is This Good or Bad News for Obama?

Chris D 2012/07/06 19:00:00
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The jobs number is a big factor in the election. The fact that the June number is flat is very interesting for the political landscape. Many pundits have suggested that President Obama is running against the economy, not Mitt Romney. But with the jobs growth number unchanged, Obama might actually have to run against Romney after all. Is the news good or bad for the President?

MONEY.CNN.COM reports:
Hiring was lukewarm last month, with employers adding jobs but not enough to bring the unemployment rate down.
money cnn reports hiring lukewarm employers adding jobs unemployment rate

Read More: http://money.cnn.com/2012/07/05/news/economy/jobs-...

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Top Opinion

  • Heisenberg 2012/07/06 19:09:19
    Bad
    Heisenberg
    +37
    More Americans were added to the disability roles than got new jobs last month and Obama and his Harvard educated economists promised 5.6% unemployment if he got his trillion dollar 'stimulus' package.

    harvard educated economists promised 5 6 unemployment dollar stimulus package

    Do the 50% of Americans that pay no federal income tax care?
    Unlikely.

    Do the record setting number of Americans that receive government money care?
    Probably not.

    Do the political activists that will vote Obama no matter what care?
    Of course not.

    Does not matter what the facts are. 90% of the media will report these bleak numbers as good news. Fox and a few blogs will report it as bad news and most Americans will focus on Matthew McCaunaghey's new baby.

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Opinions

  • TheNightFly 2012/07/06 23:19:30
    Bad
    TheNightFly
    +3
    It's actually neither but in politics if it's not good it's bad. I don't know why people expect politicians to manage the economy, least of all the president. We should expect them not to manage the economy because they always screw it up when they do.

    The only way politicians can increase jobs is to either expand the bureaucracy of government or expand the bureaucracies of private businesses, which means extending additional benefits and privileges to corporate monopolies. But the reason people need jobs is because they can't employ themselves with so many manufacturing monopolies controlling the production of goods.

    So when I hear news that Congress or the President passed some bill or created some program that increased the jobs numbers and lowered unemployment, I'm not picturing a bunch of happy smiley people in my mind, it's more like images of fattened livestock running through narrow passageways.
  • marcuss... TheNigh... 2012/07/07 01:54:10
    marcuss LIBERALS ARE IDIOTS
    +1
    When the EPA dictates the economy will keep crashing.
  • TheNigh... marcuss... 2012/07/07 14:08:44 (edited)
    TheNightFly
    Yes, and the same applies to the FTC. Now I'm all for a minimum of essential environmental and consumer protections but most regulations are ridiculous and unnecessary.
  • Sage marcuss... 2012/07/09 16:17:45
    Sage
    Sure. Who needs to breathe and drink uncontaminated water? The Corporations have a over arching right to LIVE. Human beings?????? Not so much. *sarcasm* (In case your facile mind can't grasp it.)
  • marcuss... Sage 2012/07/10 02:11:28
    marcuss LIBERALS ARE IDIOTS
    MORE LWNJ LIES!
  • John Boy 2012/07/06 22:58:42
    Bad
    John Boy
    +3
    It is rediculous in my mind but we will see November 6th !
  • ☆ Queen... John Boy 2012/07/07 01:59:47
  • John Boy ☆ Queen... 2012/07/07 02:17:36
    John Boy
    I hope that red line shoots up off of the chart and the blue goes to negative digits ! Obama scares me because of the unknown crap that he can pull !!! Before the elections.
  • ☆ Queen... John Boy 2012/07/07 02:20:21
    ☆ QueenAline
    this is the vetting that should have been done in 08.....there is so much we don't know...and that we will be surprised to find out...it's gonna get down and dirty..and i can't wait
  • Common Sense Conservative 2012/07/06 22:46:40
    Bad
    Common Sense Conservative
    +4
    Everything Hussein Obama has not done has been bad and everything Hussein Obama has done has been bad. Hussein Obama loses either way.
  • CFlyJuice 2012/07/06 22:39:09
    Bad
    CFlyJuice
    +9
    Hypocrite alert:
    "After the economy added 310,000 jobs in May 2004 and the unemployment rate was 5.6%, then-candidate Barack Obama used the Democrat weekly radio address to attack the Bush administration for citing good economic "
    Obama In 2004: Dismisses Job Creation Of 310,000 New Jobs

  • Common ... CFlyJuice 2012/07/06 22:49:22
    Common Sense Conservative
    +4
    Hopefully this speech will be heard everywhere.
  • CFlyJuice Common ... 2012/07/07 07:17:26
    CFlyJuice
    +2
    Pass it on!!

    obama hypocrite
  • Common ... CFlyJuice 2012/07/07 07:18:44
    Common Sense Conservative
    I'll do my best
  • CFlyJuice Common ... 2012/07/07 07:39:50
  • ComeOnNow 2012/07/06 22:18:23
    Bad
    ComeOnNow
    +6
    More people gave up and entered social security disability aka welfare abuse. Just what Obama wants so he can control them like puppets.
  • Pam 2012/07/06 22:12:35
    Bad
    Pam
    +5
    It just shows that people are still collecting unemployment. When unemployment decreases it will show that many people who were on unemployment have used up their money and are struggling to survive!
  • words t... Pam 2012/07/06 22:29:16
    words to live by
    +2
    I agree. My daughter has worked since she was 17. She lost a job she had been with for over 15 years. She searched for a job for a year. She just went to work for one of our hospitals. She considers herself very lucky.
  • Julian 2012/07/06 22:04:30
    Neither
    Julian
    +1
    The President isn't a dictator (officially, yet) so he can't just wave a wand and create jobs. Blaming him is at best simplistic, at worst a licence for dictatorship.

    Sure, technically he could get rid of the Federal Reserve's vampiric drain on wealth, but Kennedy and Lincoln tried that - bang bang. The only President who successfully threw the money changers out was Andrew Jackson, and they tried to kill him multiple times without success. So I don't blame Obama for not going there, I think that's a lot to ask of someone.
    the bank is trying to kill me but i will kill it andrew jackson
  • Common ... Julian 2012/07/06 22:52:48 (edited)
  • Julian Common ... 2012/07/06 23:08:56
    Julian
    Autoplay, really? So everyone who opens this page has to listen to your video? Not cool bro.
  • Common ... Julian 2012/07/06 23:31:01
    Common Sense Conservative
    +1
    Not cool bro. No idea how that works./
  • Julian Common ... 2012/07/07 00:52:44
    Julian
    +1
    That's what people say when somebody's doing something douchy. See, if you had just posted a normal video, I would have watched it and commented, but since you tried to cram it down my throat, (along with everyone else who looks at this page) I felt more compelled to click pause and point out the inconsiderate nature of your post.
  • Papillon Julian 2012/07/07 01:27:10
    Papillon
    +1
    HHAHAHAHAHAHA!!!!!!!!!!!!!!!!
  • marcuss... Julian 2012/07/07 01:57:23
    marcuss LIBERALS ARE IDIOTS
    +1
    He even bows to you.

    obama bows to burger king
  • Common ... Julian 2012/07/07 05:34:11
    Common Sense Conservative
    +1
    LOL< I had no idea that it was auto play and I wouldn't know how to do that anyhow. I re-posted it and hopefully it's better.
  • Julian Common ... 2012/07/07 06:05:53
    Julian
    Oh, I see. Well, it must be part of the video because re-posting didn't help. Anyway, what point were you trying to make with the video? Was it that Obama from '04 sounds a lot like the Republicans of '12? Because that's what I took away from it.
  • Common ... Julian 2012/07/07 06:17:56
    Common Sense Conservative
    I've been back to this page several times and it isn't auto playing as it did before.

    No, Hussein Obama said back then EXACTLY what he is doing today. Problem is, he is saying something bad about the conservatives back then.
  • Common ... Julian 2012/07/06 23:31:33
    Common Sense Conservative
    +1
    And you're from Canada, big deal.
  • ģhøṡτ øώl Julian 2012/07/07 12:48:48
    ģhøṡτ øώl
    It didn't play when I opened it. It may be your browser.
  • Birthpangs Julian 2012/07/06 23:05:11
  • Julian Birthpangs 2012/07/06 23:09:35
    Julian
    +1
    Good point.
  • Herb 2012/07/06 21:53:55
    Bad
    Herb
    +3
    the job rate has fell to from jan lol to dems it the economy stupid.
  • Birthpangs 2012/07/06 21:53:48
  • words t... Birthpangs 2012/07/06 22:32:09
    words to live by
    +2
    you mean bull crap
  • Birthpangs words t... 2012/07/06 23:02:58
  • JustThe... Birthpangs 2012/07/07 00:51:38
    JustTheFacts
    +1
    Great insight Pangs...this will help....

    http://www.weeklystandard.com...
  • JP 2012/07/06 21:52:33
    Good
    JP
    +1
    Why would people need a job when Obama will steal from those that are working?
  • Birthpangs JP 2012/07/06 23:06:57
  • WhereIsAmerica? ~PWCM~JLA 2012/07/06 21:51:07 (edited)
    Bad
    WhereIsAmerica? ~PWCM~JLA
    +4
    It proves he is NOT doing a good job, and shoving Socialist healthcare down our throats instead! Job growth has been dismal the past year! Look at the chart below with numbers (4 good months in the past YEAR, but fueled by people dropping out of the job market), 150 k is just keeping up with newcomers to the job market, it takes at least 250 to 350 k per month to really get anywhere.

    Obama should stop thinking government can create jobs, then maybe we can get somewhere!

    jobschart

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