6/03/2011

Obama doesn't talk about new jobs numbers, gets some boos from union workers

Two years into the recovery and the unemployment rate has risen for the second straight month and is stuck above 9 percent.

President Obama didn't mention Friday's weak jobs report in his speech at a Chrysler plant in Ohio, instead choosing to talk about the recovery of the auto industry.

Josh Earnest, a White House spokesman, told reporters on the flight to Toledo that Obama "will talk about the jobs numbers."

But one of the only allusions Obama made to the bleak report was when he said that "we're going to pass through some rough terrain that even a Wrangler would have a hard time with." (The Chrysler workers, who make the Wrangler at that plant, responded by booing and heckling him.) . . .


See also here.

As Goolsbee sees it:

Austan Goolsbee, President Barack Obama’s chief economist, said today’s jobs report represents a “little bump” in the road to recovery and that the broader trends are “substantially more positive” than when Obama took office.
We should never read too much into any one month’s report,” Goolsbee, chairman of the Council of Economic Advisers, said in an interview on Bloomberg Television. “No doubt we face some headwinds and hit a little bump in the road.”
Manufacturing has continued to grow and there still is more to be done to drive the unemployment rate down, he said.
Employers added 54,000 jobs in May, the smallest increase in eight months, the Labor Department reported in Washington. The unemployment rate rose 0.1 percent to 9.1 percent. . . .


When has he previously cautioned not to read much into one month's data?

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