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Romney Campaign Press Release - What They're Saying About the Dismal August Jobs Report: Part III

September 07, 2012

"Anemic" ... "Losing Steam" ... "A Disappointment" ... "Flat-Out Bad" ... "Dreadful"

The Wall Street Journal: "Overall Jobs Momentum Slows" (The Wall Street Journal, 9/7/12)

Boston Herald: "Anemic Jobs Growth..." "The lower jobless rate is a sign that more Americans have given up looking for work and the anemic jobs growth sets the table for the Federal Reserve to pump more money into the ailing economy at its meeting next week." (Boston Herald, 9/7/12)

The Washington Post's Aaron Blake: "In Fact, The 368,000 People Who Dropped Out Of The Workforce In August Is The Largest Attrition Since December 2010." (The Washington Post, 9/7/12)

Bloomberg's Betty Liu: "And With A Report Like This, This Makes President Obama's Job A Whole Lot Tougher To Sell The Next Four Years."  LIU: "This is really the time, Leo right, when they start deciding who they are going to go with.  And with a report like this, this makes President Obama's job a whole lot tougher to sell the next four years." (Bloomberg, 9/7/12)

Bloomberg's Peter Cook: "The Lowest Participation Rate We've Seen Since 1981." "You had Americans leaving the labor force.  In fact, you've got the labor force shrinking by 368,000.  The number of employed falling by more than the number of employed.  The participation rate, 63.5%.  That is the lowest participation rate we've seen since 1981.  12.5 Million Americans unemployed, according to the household survey.  Again, huge factor hanging over the election." (Bloomberg, 9/7/12)

Bloomberg's Michael McKee: "This Is Not A Good Report ... The Labor Force Appears To Be Losing Steam..." "Across the board, this is not a good report when you are coming at it from the perspective of the Federal Reserve. First of all, the revisions to the prior months, we saw July and June revised lower again. June had already previously been revised down. So, the labor force appears to be losing steam, or at least the idea that companies hiring." (Bloomberg, 9/7/12)

CNBC's Becky Quick: "The Jobs Number Today Was A Disappointment ... It's Hard To Spin This As A Positive Number." CNBC's BECKY QUICK:  "Yeah, the jobs number today was a disappointment, Chuck. ... If you looked at the unemployment rate, it dropped.  So, there are some who will look at this and say it was decent.  The headline coming out tomorrow morning is that this dropped to 8.1% from 8.3%, but the economists that I talked to, Chuck, said that it's hard to spin this as a positive number." (MSNBC, 9/7/12)

CNBC's David Faber: "Depressing When You Think About It ... Not A Great Picture." "All about the labor participation rate and that coming down, which is depressing when you think about it. Fewer people looking for work. Perhaps some staying in school longer because they know there's not a market for jobs. But overall, not a great picture." (CNBC, 9/7/12) 

CNBC'S Diane Swonk: "It Was All Negative." QUICK: "You guys were all expecting more jobs across the board." ... SWONK: "The labor force strength, and it was both sides. It was all negative. The labor force shrank along with the participation rate fell." CNBC's STEVE LIESMAN: "There are 250,000 fewer unemployed, so the number of unemployed did fall by 250." QUICK: "Those people just stopped looking for jobs." (CNBC, 9/7/12)

CNN's Ali Velshi: "This Is Not The Hopeful Number That The Administration And Frankly The Country Was Looking For." VELSHI: "But this is not the hopeful number that the administration and frankly the country was looking for. I would say that you would have to characterize this as the glass half empty, Soledad." (CNN, 9/7/12)

Fox News' Stuart Varney: "Ok, I Say This Is A Flat-Out Bad Report On The State Of The Economy." (Fox News, 9/7/12)

The Washington Post's Jennifer Rubin: "A Dreadful August Jobs Report..." "On the heels of the President's widely panned speech, a dreadful August jobs report was released this morning." (The Washington Post, 9/7/12)

Mitt Romney, Romney Campaign Press Release - What They're Saying About the Dismal August Jobs Report: Part III Online by Gerhard Peters and John T. Woolley, The American Presidency Project

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