Friday, June 1, 2012

Reuters: U.S.: Romney calls May jobs report "devastating news"

Reuters: U.S.
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
Romney calls May jobs report "devastating news"
Jun 1st 2012, 17:50

WASHINGTON | Fri Jun 1, 2012 1:50pm EDT

WASHINGTON (Reuters) - Republican presidential candidate Mitt Romney called a disappointing U.S. jobs report for May "devastating news" on Friday and a sign that President Barack Obama's economic policies have failed.

Romney moved quickly to take political advantage of the Labor Department's report that U.S. unemployment had moved up slightly to 8.2 percent in May from 8.1 percent, with the economy adding only 69,000 jobs for the month, far fewer than anticipated.

"Today's weak jobs report is devastating news for American workers and American families," he said in a statement.

He called the May report "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. The president's re-election slogan may be ‘forward,' but it seems like we've been moving backward," he said.

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

0 comments:

Post a Comment

 
Great HTML Templates from easytemplates.com.