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Unemployment rate holds at 8.2 percent, with just 80,000 jobs added in June
Speaker of the House John Boehner responds to the report
July 06, 2012

Graphic: Google images, published March 2011

Employers added a meager 80,000 jobs in June, marking the third straight month of weak hiring and raising concern that the economy has taken a turn for the worse.

The Labor Department reported Friday that the jobless rate was unchanged at 8.2 percent. The number of jobs added in June was lower than expected, and rounds out a poor second quarter for 2012.

The average number of monthly jobs created in the first quarter of the year was 226,000 -- by contrast, that average in the second quarter was just 75,000.

The number is sure to resonate on the presidential campaign trail, as President Obama courts blue-collar voters in Ohio and Pennsylvania on his first 2012 campaign bus tour Friday. The president took heat last month for the worst jobs report in a year -- Friday’s report was only modestly better, opening up heated criticism from Republicans.

“Today’s report shows the private sector clearly isn’t ‘doing fine’ and that President Obama’s policies have failed,” House Speaker John Boehner said in a statement, referring to Obama’s gaffe in which he described private sector growth as “fine.”

(The rest of Boehner’s message below)

Obama is expected to speak about the jobs report later in the morning Friday.

For the U.S. economy, the only good news came in the form of incremental changes. The average work week grew to 34.5 hours from 34.4 in May, boosting many workers’ paychecks. And average hourly wages rose 6 cents to $23.50.

But on a whole, none of these changes are enough to fuel an economic recovery. While professional and business services saw the best growth in June, other industries like construction and hospitality saw almost no change in June. In the second quarter of 2012, job growth has slowed across almost every industry.

A weaker job market has made consumers less confident. They have pulled back on spending, even though gas prices have plunged.

High unemployment could shift momentum to Mitt Romney, the presumptive GOP presidential nominee. An Associated Press-GfK poll released last month found that more than half of those surveyed disapproved of President Barack Obama’s handling of the economy.

Dismal June job figures could also prompt the Federal Reserve to take further action to try to boost the economy. The Fed last month downgraded its economic outlook for 2012. It predicted growth of just 1.9 percent to 2.4 percent for the year and little change in the unemployment rate.

Job gains in April and May were little changed from the department’s previous estimates.

About one-third of the jobs gained in June were in temporary services. Manufacturing added 11,000, its ninth straight month of gains. But growth in factory jobs slowed sharply in the second quarter compared to the first. Health care added 13,000 jobs and financial services gained 5,000. Retailers, transportation firms and government cut jobs.

The Associated Press contributed to this report.

Read this and other articles at Fox News.com
http://www.foxnews.com/politics/2012/07/06/employers-add-just-80000-jobs-in-june-unemployment-rate-stays-at-82-percent/

House Speaker John Boehner...

Congressman Boehner Statement on June Unemployment Report
Jul 6, 2012

Washington-Congressman John Boehner (R-West Chester) released the following statement this morning regarding the Department of Labor’s unemployment report for June 2012:

“Today’s report shows the private sector clearly isn’t ‘doing fine’ and that President Obama’s policies have failed. The president bet on a failed ‘stimulus’ spending binge that led to 41 months of unemployment above 8 percent. He bet on a government takeover of health care that’s driving up costs and making it harder for small businesses to hire. He even bet taxpayer dollars on companies like Solyndra while blocking popular projects like Keystone XL that would create tens of thousands of new American jobs.

“The president needs to stop betting on his failed policies and start working with Republicans to remove government obstacles to job creation. We’ve passed more than 30 jobs bills – he should call on Senate Democrats to stop stalling them. Next week we’ll vote to fully repeal the president’s health care law. And before the month is out, we’ll vote on legislation to curtail excessive government regulations.

“The House will also act this month to boost economic growth and create jobs by preventing the largest tax hike in history and providing a fairer, simpler tax code that lowers rates and closes special interest loopholes. This tax hike is scheduled to hit small businesses on January 1, and is already casting a shadow over our economy that will continue to grow until the president works with us to stop it. We won’t wait to act.

“Republicans are listening to the American people and continuing to put economic growth and job creation front and center. We need the president and Senate Democrats to do the same.”

NOTE: Learn more about the Republican Plan for America’s Job Creators at jobs.GOP.gov, and see the full list of House-passed jobs bills blocked by Senate Democrats here.

Read this with links at Boehner’s web site


 
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