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Campaign Responses to Jobs Data

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  • Description

    FBN’s Rich Edson breaks down the Obama and Romney campaigns responses to July’s jobs data.

  • Duration 1:46
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Obama administration.

Her -- take advantage here -- -- -- joins us now the political spin on this reaction from the White House first rich.

Well if your politician running for office there is a number in this jobs report for you for Democrats in the president.

-- 170000.

Private sector jobs created.

In the month of July -- 163000.

Jobs created overall there were 9000 government losses to offset that however.

Democrats have to deal with the eight point 3% unemployment rates and increase Republicans have been hitting that -- and usually when you see -- spike in the unemployment rate that can be good news of more people coming into the labor force.

Not the case here a loss of a 155000.

And the real unemployment rate when you factor in those folks have stopped looking for work zone -- they can find a job.

Is really 15% that's up from fourteen point 9%.

In June as for the president he says house Republicans.

Need to join him to do more.

We've still got too many folks out there who were looking for work.

We've got more work to do on their behalf.

Not a way to reclaim all the -- -- were lost during the recession.

But also to reclaim the kind of financial security -- too many Americans have felt was slipping away from them for too long.

President wants spending on infrastructure teachers and firefighters what they call the middle class tax cut.

In other words keeping taxes the same for those making 250 or less increasing those on making those making more.

The response in the house speaker John Boehner he says with 42 consecutive months of unemployment above 8% the private sector still isn't doing fine and president Obama's economic plan did not work.

While president is telling small businesses that you didn't build that.

His policies are making sure.

They can't.

Back to you Rick disease said something in a report per -- -- today rich Edson and she.

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