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The Campaign Spot

Election-driven news and views . . . by Jim Geraghty.

Obama Adviser: Don’t ‘Read Too Much into Any One Monthly Report.’



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The Obama response to this morning’s jobs report is a gift to the Romney campaign:

The White House urged Americans unsettled by the latest weak jobs figures — just 80,000 added to the payrolls in June — not to “read too much” into any single monthly report. President Barack Obama, chasing votes on a bus tour in Ohio, was expected to address the latest sign of an anemic recovery that threatens his shot at reelection.

“While the economy is continuing to heal from the worst economic downturn since the Great Depression, much more remains to be done to repair the damage from the financial crisis and deep recession that followed,” Alan Krueger, chairman of Obama’s Council of Economic Advisers, said in a statement.

. . . the dismal new jobs report landed like a political body blow on Obama: Employers added just 80,000 jobs in June, leaving the national unemployment rate at 8.2% four months before the election.

It was the third straight month that the Labor Department reported poor hiring.

“It is important not to read too much into any one monthly report,” Krueger said. “There are no quick fixes to the problems we face that were more than a decade in the making.”

Okay, how about 41 straight monthly jobs reports with 8 percent unemployment or higher?

UPDATE: Speaking in Poland, Ohio, President Obama spends 12 minutes talking about how the celebrated  his daughters, eating on the campaign trail, and his and Michelle’s parents, before finally acknowledging today’s jobs report. Pointing to the fact that 80,000 jobs were created, he declares the news is “a step in the right direction,” but he’s not done yet, much work remains to be done, and so on.


Tags: Barack Obama , Unemployment Rate


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