CAMPAIGN 2012

Romney Unimpressed With Unemployment Drop

Updated: October 5, 2012 | 9:31 a.m.
October 5, 2012 | 9:29 a.m.

Reacting to Friday's announcement of unemployment dropping below 8 percent, Mitt Romney said the slowly improving economic climate "is not what a real recovery looks like."

"We created fewer jobs in September than in August, and fewer jobs in August than in July, and we’ve lost over 600,000 manufacturing jobs since President Obama took office," Romney said in a statement. "If not for all the people who have simply dropped out of the labor force, the real unemployment rate would be closer to 11 percent."

On the campaign trail, Romney frequently has rolled out the statistic of 43 straight months of the jobless figure being above 8 percent. He indicated that he will now be using different numbers.

"The results of President Obama's failed policies are staggering – 23 million Americans struggling for work, nearly one in six living in poverty and 47 million people dependent on food stamps to feed themselves and their families," he said.

 

Get the latest news and analysis delivered to your inbox. Sign up for National Journal's morning alert, Wake-Up Call, and afternoon newsletter, The Edge. Subscribe here.


Leave A Comment
The National Journal Group has the right (but not the obligation) to monitor the comments and to remove any materials it deems inappropriate.
Comments powered by Disqus
Follow National Journal
Related Content
Columns
Ronald Brownstein: Political Connections

Why We Lack Good Privacy Guidelines

June 13, 2013
Technology innovations have served to strip away privacy. They could also be the key to restoring it.
Charlie Cook: The Cook Report

Why Obama’s Approval Rating Isn’t Higher

June 13, 2013
Constant controversies could prevent the president from getting much credit for the improving economy.
Josh Kraushaar: Against the Grain

Three Signs Republicans Haven't Learned Any Lessons From 2012

June 13, 2013
After last year's drubbing, Republicans vowed to change their ways. But as 2013 wears on, they’re sticking to the script that got them in trouble.
More Columns »