Obama Administration on Jobs Report: Blame Congress

Friday, 01 Jun 2012 10:36 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

President Barack Obama's administration called on Congress to do more to help the economy create jobs, with Labor Secretary Hilda Solis saying May's rise in the unemployment rate was unacceptable.

"Congress has to take some action because while we see the unemployment rate where it is, it's not acceptable," Solis told the CNBC network on Friday.

Earlier, the Labor Department said the U.S. unemployment rate rose a tenth of a point in May to 8.2 percent. The department also said U.S. employers added just 69,000 people to payrolls during the month, the weakest increase in a year.

Obama's top White House economist also on Friday said that the numbers show the economy is growing but not fast enough and that it still faces "serious headwinds" from the euro-zone crisis and gas price spikes.

"Problems in the job market were long in the making and will not be solved overnight," Alan Krueger said.

"There is much more work that remains to be done to repair the damage caused by the financial crisis and deep recession." he said, urging that Congress act on Obama's stalled job creation proposals. Stubbornly high unemployment poses a threat to Obama's 2012 re-election bid.

 

© 2014 Thomson/Reuters. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Rep. Steve King: House Will Approve Border Funding Bill

Thursday, 31 Jul 2014 22:54 PM

Rep. Steve King said on Thursday that he believed House Republicans would approve legislation to pay for the immigration . . .

Homeland Security Report: Border Children Transmitting Diseases

Thursday, 31 Jul 2014 22:36 PM

An alarming Homeland Security inspector general memo says some of the migrant children who've poured across the southern . . .

Cuomo Retains Defense Counsel as Corruption Probe Widens

Thursday, 31 Jul 2014 22:19 PM

A criminal defense attorney says he's been retained by the office of New York Gov. Andrew Cuomo as a federal prosecutor  . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved