The good news is the U.S. added 163,000 jobs in July. But as Ed Morrissey points out, there’s “more bad news than good” in today’s jobs report. Unemployment rose to 8.3 percent, the broader U-6 unemployment measure rose to 15 percent and number of working Americans dropped by 195,000.
My take on the jobs reports … with the correct numbers http://t.co/PNsYD7n3 CNBC notes 195K fewer jobs, Reuters notes workforce exodus
— Ed Morrissey (@EdMorrissey) August 3, 2012
From the A Tables, we have Employment down, Unemployment up (45K), Labor Force down 195K. That's bad. #BLSFriday
— PoliMath (@politicalmath) August 3, 2012
11.0%: Unemployment rate if labor force participation was as high as when Obama took office
— James Pethokoukis (@JimPethokoukis) August 3, 2012
Nancy Pelosi is thrilled, but also blames Republicans, natch. We’re moving “forward,” but just in case you think we’re not, Pelosi want you to know that Obama didn’t build that.
Today's jobs report is small step in the right direction. But more needs to be done. GOP decided to head home rather than take action.
— Nancy Pelosi (@SpeakerPelosi) August 3, 2012
Hey, Dems said they were rooting for America to plunge off the fiscal cliff. Rising unemployment? 195,000 more Americans not working? Hush now. We’re doin’ fine.
Or not.
8.1 to 8.3. Please no bigger steps in that direction. RT @NancyPelosi Today's jobs report is small step in the right direction.
— Phil Kerpen (@kerpen) August 3, 2012
https://twitter.com/RayburnThompson/status/231381828462858240
If the "right direction" is a smaller labor force RT @NancyPelosi: Today's jobs report is small step in the right direction.
— PoliMath (@politicalmath) August 3, 2012
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Umm…unemployment went UP. MT @NancyPelosi: Today's jobs report is small step in the right direction.
— David Freddoso (@freddoso) August 3, 2012
https://twitter.com/CuffyMeh/statuses/231373174418321408
https://twitter.com/FirstTeamTommy/statuses/231373348607778816
So @NancyPelosi thinks this report is a good thing. Yes for Dems b/c that means more ppl rely on them!
— Mary #FlyTheW (@mchastain81) August 3, 2012
Bingo.
But keep it up, former Speaker Pelosi!
Please, more messaging like this: RT @NancyPelosi: Today's jobs report is small step in the right direction.
— Rick Wilson (@TheRickWilson) August 3, 2012
Hope you can see November from the House.
So @nancypelosi said 5% unemployment under Bush was a sign of failure. But 8.3% under Obama isn’t? Stop the games. Vote Romney. #tcot #p2
— RBe (@RBPundit) August 3, 2012
Today's increase in the unemployment rate is a blow to struggling middle-class families. Americans deserve better and we can do better.
— Mitt Romney (@MittRomney) August 3, 2012
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