The U.S. Bureau of Labor Statistics released the jobs report for June on Friday, providing both President Barack Obama and GOP challenger Mitt Romney with new political fodder on the campaign trail. While the president touted the fact that the country added another 80,000 jobs last month, Romney told supporters that the stagnant job growth is indicative of the ineffectiveness of the president's economic policies.
Here is some of the key information to have emerged from the June jobs report and the reactions of Obama and Romney.
* According to the jobs report, the national unemployment rate stayed at 8.2 percent for a second month.
* The 80,000 jobs that the economy ended up adding in June accounted for a little more than half of what is necessary to keep up with population growth. According to ABC News, conventional wisdom is that the U.S. economy needs to add at least 150,000 jobs per month to break even.
* President Obama, who was wrapping up a two-day bus tour through Ohio and Pennsylvania on Friday, told supporters at a campaign stop in Poland, Ohio, that while adding 80,000 jobs to the economy wasn't enough, it was "a step in the right direction," as quoted by MSNBC/NBC News.
* The president went on to say that the U.S. economy had added 4.4 million jobs in a little more than two years, and touted the success of his administration's policies regarding the auto industry.
* Romney, for his part, was quick to criticize Obama's economic policies and the continued sluggishness of the nation's economy, saying that the high unemployment rate "pretty much defines lack of success," as quoted by CNN.
* House Speaker John Boehner (R-Ohio) and House Democratic leader Nancy Pelosi (D-Calif.) were also quick to release statements regarding the jobs report, with Boehner telling the media that the report makes it clear that the president's policies don't work, according to CNN.
* Pelosi, for her part, blamed the stagnant growth rate on a congressional stalemate, and released a statement urging Republicans to "abandon their agenda of obstruction and delay and work with Democrats to create jobs and strengthen the middle class," as quoted by USA Today.
- Politics & Government
- President Barack Obama