Whovian
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Obama’s Toughest Re-Election Challenge May Come From Dearth of U.S. Jobs
Job growth slowed to 54,000 in May, down from 232,000 in April and the smallest gain in eight months, the Labor Department reported today. The unemployment rate rose to 9.1 percent, the highest level this year...
“If job creation doesn’t continue on the pace it’s been on in recent months, that’s going to be an enormous hurdle for the president,” said Tad Devine, a Democratic strategist who worked for the party’s 2000 and 2004 presidential nominees. ...
Only 1.8 million of the more than 8.7 million lost since January 2008 have been regained...
Ronald Reagan, who faced an unemployment rate of 7.2 percent on Election Day in 1984, was the only U.S. president to win re-election with a jobless rate above 6 percent since World War II.
Reagan won 49 states with an unemployment rate that was “really high at the time” because “people believed he had the nation headed in the right direction,” he said.
“The danger is that if we continue to take two steps forward, two steps back, people are going to continue to suffer a high level of economic anxiety,” said Bill Carrick, a Democratic strategist. “There’s no way that can be good politically for the president.”
Job growth slowed to 54,000 in May, down from 232,000 in April and the smallest gain in eight months, the Labor Department reported today. The unemployment rate rose to 9.1 percent, the highest level this year...
“If job creation doesn’t continue on the pace it’s been on in recent months, that’s going to be an enormous hurdle for the president,” said Tad Devine, a Democratic strategist who worked for the party’s 2000 and 2004 presidential nominees. ...
Only 1.8 million of the more than 8.7 million lost since January 2008 have been regained...
Ronald Reagan, who faced an unemployment rate of 7.2 percent on Election Day in 1984, was the only U.S. president to win re-election with a jobless rate above 6 percent since World War II.
Reagan won 49 states with an unemployment rate that was “really high at the time” because “people believed he had the nation headed in the right direction,” he said.
“The danger is that if we continue to take two steps forward, two steps back, people are going to continue to suffer a high level of economic anxiety,” said Bill Carrick, a Democratic strategist. “There’s no way that can be good politically for the president.”
