Dismal Jobs Report "Devastating News" for Nation

Washington Times - GOP presidential nominee Mitt Romney said Friday that the latest jobs report from the Bureau of Labor Statistics, showing the unemployment rate had ticked up to 8.2 percent, is "devastating news" for the nation and more proof that President Obama's economic approach isn't working.

The report showed 69,000 jobs were added in May, far below the 150,000 that many economists had forecast and the Obama administration had hoped.
"This week has seen a cascade of one bad piece of economic news after another," Mr. Romney said in a news release. "Slowing GDP growth, plunging consumer confidence, an increase in unemployment claims and now another dismal jobs report all stand as a harsh indictment of the president's handling of the economy. It is now clear to everyone that President Obama's policies have failed to achieve their goals and that the Obama economy is crushing America's middle class." Read full story here: News New Mexico


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