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Obama says too many still jobless; Romney takes aim

2012-08-03 53 Dailymotion

U.S. President Barack Obama welcomed job gains in July but says more work need to be done to help the American workforce.<br/> <br />On Friday the Labor Department reported a larger than expected gain of 163,000 non farm jobs while the unemployment rate edged up to 8.3 percent.<br/> <br />(SOUNDBITE) (English)U.S. PRESIDENT BARACK OBAMA SAYING:<br/> <br />"Lets acknowledge , we still have too many folks out there that are looking for work. We've got more work to do on their behalf."<br/> <br />A recent Reuters/Ipsos poll showed 36 percent of registered voters believe Republican presidential candidate Mitt Romney has a better plan for the economy, compared to 31 percent who had faith in Obama's policies.<br/> <br />At campaign stop in Nevada, Romney took aim at Obama's record.<br/> <br />(SOUNDBITE) (English)U.S. PRESIDENTIAL CANDIDATE MITT ROMNEY SAYING:<br/> <br />"The effective unemployment rate is 8.3 percent. That's the longest period of time, 42 months, the longest period of time we have had unemployment above 8 percent in American history., since this thing has been recorded. This is a record of failure."<br/> <br />Job growth is likely to stay in focus ahead of the November election as economists remain bearish -- given potential tightening in fiscal policy in the U.S., and the ongoing debt troubles in Europe.<br/> <br />Deborah Lutterbeck, Reuters.

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