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Romney Campaign Press Release - Obama For America Ad Fact Check: Jobs

June 07, 2012

"President Obama has had three and a half years to keep his campaign promise to grow the economy and create jobs. Now, with record-level unemployment and job creation that even the president calls inadequate, it is clear his policies haven't worked. Americans know we aren't moving in the right direction today, and they can't afford more of the same. As president, Mitt Romney will enact a pro-growth agenda that gets our economy back on track and allows our small businesses and job creators to thrive." –Amanda Henneberg, Romney Campaign Spokesperson

President Obama Has Promised To Create New Jobs – But He Still Hasn't Lived Up To His First Jobs Promise:

President Obama's Advisers Predicted The Stimulus Would Lower Unemployment To 6% Today – But It Remains Above 8%. (Christina Romer and Jared Bernstein, "The Job Impact Of The American Recovery And Reinvestment Plan," 1/9/09)

Under President Obama, The Nation Has Lost 552,000 Jobs. (Bureau Of Labor Statistics, www.bls.gov, 6/4/12)

More Than Twenty-Three Million Americans Are Unemployed, Underemployed, Or Have Stopped Looking For Work. (Bureau Of Labor Statistics, www.bls.gov, Accessed 6/4/12)

And The "Nation's Job Picture Dimmed" Last Month With Increasing Unemployment And Disappointing Job Growth:

Last Month, "The Nation's Jobs Picture Dimmed" With Unemployment Increasing To 8.2%. "The nation's jobs picture dimmed in May as employers added just 69,000 jobs and the unemployment rate ticked up to 8.2 percent, a continuation of a long, slow employment recovery that began 33 months ago." (Susanna Kim, "May Unemployment Rises To 8.2 Pct.," ABC News, 6/1/12)

"The Economy Added Only 69,000 Jobs In May, A Result Much Worse Than Expected That Will Heighten Fears The Economy Is Sliding Back." (Vicki Needham and Ian Swanson, "Bleak Labor Report Finds Economy Added 69,000 Jobs In May," The Hill, 6/1/12)

  • "Economists Had Expected 150,000 New Jobs And The Jobless Rate To Stay At 8.1 Percent..." "Economists had expected 150,000 new jobs and the jobless rate to stay at 8.1 percent, according to Bloomberg. Stocks, which had their worst month in two years in May, fell on the news with the Dow Jones industrials set to open down nearly 190 points." (Susanna Kim, "May Unemployment Rises To 8.2 Pct.," ABC News, 6/1/12)

The Labor Department Also Revised Down April's Unemployment Report. "Last month, the Labor Department reported 77,000 jobs were added in April, revised down today from 115,000 for an unemployment rate of 8.1 percent, a drop of one-tenth of a point from the previous month." (Susanna Kim, "May Unemployment Rises To 8.2 Pct.," ABC News, 6/1/12)

The Wall Street Journal's Steven Russolillo: "This Is Bad. Real Bad." (Steven Russolillo, "Bad All Around," The Wall Street Journal, 6/1/12)

The Associated Press: "The Dismal Jobs Figures Could Fan Fears That The Economy Is Sputtering." "U.S. employers created 69,000 jobs in May, the fewest in a year, and the unemployment rate ticked up. The dismal jobs figures could fan fears that the economy is sputtering." (Christopher Rugaber, "U.S. Employers Added 69,000 Jobs In May As The Unemployment Rate Rose To 8.2 Percent," The Associated Press, 6/1/12)

Bloomberg, On The Jobs Report: "Further Evidence That The Labor-Market Recovery Is Stalling." "American employers in may added the smallest number of workers in a year and the unemployment rate unexpectedly increased as job-seekers re-entered the workforce, further evidence that the labor-market recovery is stalling." (Timothy R. Homan, "Employment In U.S. Increased 69,000 In May," Bloomberg, 6/1/12)

Mitt Romney, Romney Campaign Press Release - Obama For America Ad Fact Check: Jobs Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/301217

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