Romney: Jobs Report Shows Obama Hasn't Lived up to Promise and His Policies Haven't Worked

Republican presidential candidate Mitt Romney says the latest disappointing jobs report shows President Barack Obama's policies are not working and the country deserves new leadership.

Romney says news that employers created only 96,000 jobs last month is giving Americans a hangover the morning after Obama's closing speech to the Democratic National Convention.

The unemployment rate fell to 8.1 percent from 8.3 percent in July, but only because more people gave up looking for work.

The Republican called the news "more of the same for middle-class families who are suffering through the worst economic recovery since the Great Depression."

Romney released the statement before a campaign trip to Iowa. He says his economic plan will create 12 million new jobs by the end of his first termRomney: Jobs report shows Obama hasn't lived up to promise and his policies haven't worked.