Reuters: Politics: Romney: Jobless rate shows economy at "virtual standstill"

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Romney: Jobless rate shows economy at "virtual standstill" Nov 2nd 2012, 13:44 Tweet Share this Email Print Related News Instant View: Payrolls jump by 171,000; unemployment ticks up 9:46am EDT Wall Street opens higher after payrolls 9:37am EDT Obama, Romney go back on attack as campaign hits final stretch Thu, Nov 1 2012 Presidential race still virtually even: Reuters/Ipsos poll Sat, Oct 27 2012 In echoes of Obama, Romney seeks to adopt mantle of change Fri, Oct 26 2012 Analysis & Opinion Would Romney be better for Europe? Obama's base and politics of disappointment Related Topics Politics » Barack Obama » Election 2012 » Related Interactive Republican presidential nominee Mitt Romney speaks at a campaign rally in Doswell, Virginia November 1, 2012. Credit: Reuters/Brian Snyder WASHINGTON | Fri Nov 2, 2012 9:44am EDT WASHINGTON (Reuters) - Republican presidential contender Mitt Romney said on Friday the uptick in the U.S. employment rate to 7.9 percent shows the economy continues to struggle. "Today's increase in the unemployment rate is a sad reminder that the economy is at a virtual standstill," said Romney, who has made his record as a successful businessman the focus of his campaign, arguing that he is better equipped than President Barack Obama to fix the sputtering economy. "The jobless rate is higher than it was when President Obama took office, and there are still 23 million Americans struggling for work," Romney said in a statement. The Labor Department announced on Friday that employers added 171,000 people to their payrolls last month. The jobless rate edged a tenth of a point higher from 7.8 percent, but that was due to a surge of people back to the workforce, seen as a hopeful sign for a lackluster economy. (Reporting by Patricia Zengerle; Editing by Alistair Bell and Vicki Allen) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (1) Funny, 3 paragraphs for Romney and at least a dozen under the Obama gets "relief" and jobs "rise sharply" blogs. NOT! I used to think Reuters was neutral. This comment probably won't even get posted. Nov 02, 2012 10:02am EDT  --  Report as abuse See All Comments » Add Your Comment

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