All Eyes on Obama’s Job Speech After Weak Jobs Report

Townhall.com Staff
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Posted: Sep 02, 2011 2:27 PM
All Eyes on Obama’s Job Speech After Weak Jobs Report

With today’s disappointing jobs report showing employment stalled in August, all eyes are turning toward President Barack Obama and his jobs-plan speech before Congress next week.

The government said Friday that the U.S. economy failed to add jobs last month for the first time in almost a year, putting pressure on policy makers –especially the president –to jump-start a moribund labor market. The unemployment rate is stuck at 9.1%. The private sector, which has generally been a bright spot in the monthly labor reports, added just 17,000 jobs last month.