The June jobs report reveals a stagnant economy with just 80,000 jobs
created last month and an unemployment rate of 8.2 percent. After promising job growth between December and February, the upswing slowed in March and the unemployment rate has remained stuck at 8.2 percent for the past few months.
President Obama says the jobs report shows "a step in the right direction", pointing out that "businesses have created 4.4 million new jobs over the past 28 months."
Meanwhile, Republican Mitt Romney is using the jobs report to push back against Obama on the campaign trail.
"This is a time America to choose whether they want more of the same,
whether unemployment above 8 percent month after month after month is
satisfactory or not," Romney said after the jobs report was released. "It doesn't have to be this way. America
can do better, and this kick in the gut has got to end."
But not everyone is convinced that Romney really has a plan to "put jobs first" as his campaign slogan states. "What they [voters] want to hear from the challenger is some understanding of why
the president's policies aren't working and how Mr. Romney's policies
will do better," notes a much talked about Wall Street Journal editorial published last week.