According to the Department of Labor’s July jobs report, the United States economy added just 117,000 jobs in July and unemployment ticked down to 9.1%. The 117,000 number is higher than the 90,000 analysts were predciting earlier in the week, but it is still just below the 125,000 jobs a month needed to keep up with population growth, and far below the 200,000 jobs a month needed to actually reduce unemployment.
Yesterday, House Minority Whip Kevin McCarthy, R-Calif., released the embeded video to keep the pressure on President Obama to defend his jobs record. McCarthy’s office released this statement: “There have been a lot of nice speeches about jobs. Now it’s time for speeches to stop and actions to begin. The President said it would be the “Recovery Summer” last year, but when you look at entrepreneurship over the last twelve months it’s been the lowest in a decade. It’s time to read the data, stop the speeches, and take action that creates jobs, empowers entrepreneurs and gets this country working again. Now is a time for action, not political posturing.”
