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WASHINGTON (AP) - Republican presidential candidate Mitt Romney says the tenth-of-a-point increase in the U.S. unemployment rate is a `hammer blow' to middle-class families.
Romney released a statement shortly after the Labor Department announced that the jobless rate was 8.3 percent in July, up slightly from 8.2 percent in June. The economy added 163,000 jobs last month, the best hiring since February.
Romney says Americans deserve better than an unemployment rate that has been above 8 percent for more than three years. He says President Barack Obama doesn't have a plan to boost economic growth.
Romney says his economic plan would create 12 million new jobs by the end of his term in office.
August 3, 2012 @ 1:26 pm
Our economy will continue to slide until we do something about the Mistake-in-Chief in our White House. The unemployment numbers are ‘staggering reminders’ that Ozero has not [repeat NOT], is not, and will not bolster the economy by his policies or his presence. Our only hope of real change is to CHANGE the Occupant-in-Chief and get rid of all his [phoney-balonie] cronies. I mean with the wisdom they possess; WHO NEEDS STUPIDITY? We are in the driver’s seat in November; so let us put the BRAKES on Barrack Hussein Ozero!