Zero job growth in August puts more pressure on Obama

As if President Obama needed any more pressure leading up to his jobs and economy speech next week:

Nonfarm payroll employment was unchanged (0) in August, and the unemployment rate held at 9.1 percent, the U.S. Bureau of Labor Statistics reported today.

Zero, just zero.

The employment number reportedly was lower than it should have been because of a strike by 45,000 Verizon workers. But it is a sad — no, disturbing — state of affairs when one strike by one union at one company, even a large one, can cancel out all other job growth in nation of 310 million people.

Job growth in the two previous months was also revised downward by a cumulative 58,000.

The chorus on the left advising Obama to be bold in his proposal — and by “be bold” they mean: propose a whole lot more of what he’s already tried, rather than a little more of what he’s already tried, even if he/they know a remix of Obama’s greatest “hits” won’t pass muster in the GOP-controlled House — is only going to grow.

This would be a scintillating drama if it weren’t such a desperate time for so many people. My advice to Obama is to offer a plan that has a real chance of getting through Congress — combining some of his ideas with, say, a freeze on big new regulations (maybe even a repeal of some of the existing ones Republicans are targeting) and a corporate tax reform that cuts loopholes and lowers the rate — not an election-minded attempt to portray John Boehner & Co. as the bad guys.

We’ll see.

ADDED at 10:58 a.m.: No sooner had I published this post than CBS News’ Mark Knoller tweeted:

At Pres Obama’s direction, EPA was directed to reconsider its proposed final rule on Ozone/Air Quality standards & revisit in 2013.

A spokesman for Boehner called the move “a good first step.” Maybe we will get somewhere after all.

– By Kyle Wingfield

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84 comments Add your comment

Ignatius

September 2nd, 2011
10:57 am

First! Or not. Thankful for having a job.

@@

September 2nd, 2011
11:12 am

Maybe he can re-schedule?

ByteMe

September 2nd, 2011
11:15 am

So why isn’t there more pressure on the Republican-led House? Oh, that’s right: they only need to say “No” to escape responsibility for anything.

ByteMe

September 2nd, 2011
11:16 am

Oh, and it’s not bad if you’re CEO… you got a HUGE raise last year if you were CEO of the top 500 corporations in the US. (golf clap)

stevie ray

September 2nd, 2011
11:21 am

ByteMe, what on earth do CEO’s compensation packages have to do with unemployment numbers?

carlosgvv

September 2nd, 2011
11:30 am

Kyle, could you honestly look at anyone with a straight face and say job creation will definitely improve if Perry or Bachmann or Palin is elected President? And, of course, lets just ignore air quality standards and trust Business to do the right thing and stop pollution.

Hillbilly D

September 2nd, 2011
11:32 am

This thing is going to last 8-10 years. Might as well get used to it.

Zap Rowsdower

September 2nd, 2011
11:39 am

Bye bye, Obama.

Zap Rowsdower

September 2nd, 2011
11:39 am

“Zero job growth in August puts more pressure on Obama”

What does a AA rating do?

stevie ray

September 2nd, 2011
11:41 am

Hillbilly, I believe you are spot on. I’m often amazed at how much contention and energy surrounds governments ability to materially impact employment numbers in the near term. Nothing on the table now or likely after next week can guarantee the number of jobs by 2012 that will reduce unemployment by more that 1% (approx 2.5 million jobs). Not to mention that with the exception of tax increases, nothing else on the table (cost cuts et al) are guaranteed to actually occur given shifting winds and absence of BB amendment….only things certain, death, taxes, and political self serving gridlock….

1961_Boomer

September 2nd, 2011
11:42 am

So why isn’t there more pressure on the Republican-led House? Oh, that’s right: they only need to say “No” to escape responsibility for anything.

Sorry, ByteYourself, but the Republican led House CONTINUES to pass measures (whether budgets, or raising the deficit, or soon-to-be-denied regulation modification that won’t even get a vote in the DEMOCRAT led Senate… much less make it to the President’s desk. Harry Reid and the dems in the Senate Refuse to pass anything coming out of the House. There is your “just say no” crowd.

The POTUS is not going to be able to pass the buck or sit on the fence on this… like he has done with virtually every other bill/law/international situation since he took office. He is going to have to work with the House to come up with something, and then he is going to have to use his pull as the President to get Harry Reid and the rest of the Democrats in the Senate to go along with it.

Ivan

September 2nd, 2011
11:43 am

Jeffrey Taylor at Politico sums it up…

“The U.S. economy created no jobs in August. Let me repeat. The economy created no jobs. At this point four years ago, candidate Barack Obama was attacking President Bush for a 5.4% unemployment rate and a $400 billion deficit. Today, President Obama’s policies have given us a 9.1% unemployment rate and times three for the total deficit.”

Tiberius - Your lightning rod of hate!

September 2nd, 2011
11:50 am

“Kyle, could you honestly look at anyone with a straight face and say job creation will definitely improve if Perry or Bachmann or Palin is elected President?”

Deflection, plain and simple.

When you can’t defend the actions (or in this case, the non-actions) of your side, deflect the conversation to the other side.

It’s really all many on here have to offer.

Tommy Maddox

September 2nd, 2011
11:51 am

This is so bad. I’m with Ignatius – so thankful for a job.

Ivan

September 2nd, 2011
11:55 am

“Kyle, could you honestly look at anyone with a straight face and say job creation will definitely improve if Perry or Bachmann or Palin is elected President?”

I can honestly say I think Obama’s set the bar low enough that even a six year old’s lemonade stand would create more jobs. But Obama would probably find a way to screw that up too.

Tiberius - Your lightning rod of hate!

September 2nd, 2011
11:56 am

Ed Henry from Fox News had the money question yesterday to Jim Carney (the President’s dog-washer) regarding the speech next Thursday. Went something like: “If jobs are so important, why wait until Congress is in session to reveal your plan? Why not do the speech tonight from the White House?”

Money.

The sad part is that there are no indications that what will be proposed will be anything other than warmed over proposals made in the past with more government spending and little, if any, means to pay for it. He has to go big or look like he wasted an opportunity (again) and this President just isn’t capable of going big on anything.

Rafe Hollister

September 2nd, 2011
12:09 pm

Barry never learns. He builds up these pep talks and throws out the same old tired liberal ideology and nothing happens. He oversells and under delivers. Each time we go through this process he shrinks in stature. Now, when we see him on the TV, it is like a bad commercial; “Where I am going, Carl?”. You are shrinking Barry, almost to irrelevance, that is where.

Rick in Grayson

September 2nd, 2011
12:12 pm

When so many US citizens are without jobs, why did Obama declare an open borders immigration policy and announced that he will award illegal aliens work permits?

Any construction jobs (infrastructure) will only be filled with illegal aliens because Obama and the Democrats will not mandate the use of E-Verify to deny jobs to illegal aliens.

Someone should ask Obama these questions directly after his “jobs” speech. Who are these jobs for?

Citizen of the World

September 2nd, 2011
12:20 pm

Shouldn’t these numbers be putting pressure on the Republican leaders in Congress who ran and were elected on a JOBS platform last fall? Have any of them proposed anything that would actually help create jobs? All they talk about is government spending reduction, which is largely considered ill-advised during a recession and hurts jobs. And if tax cuts are so great for jobs, why does unemployment and underemployment keep going up, up, up despite extension of the Bush tax cuts?

Common Sense

September 2nd, 2011
12:32 pm

“I can honestly say I think Obama’s set the bar low enough that even a six year old’s lemonade stand would create more jobs. But Obama would probably find a way to screw that up too.”

Rules and regulations would keep that stand from opening until the six year old was at least 16.

EJ Moosa

September 2nd, 2011
12:37 pm

If you want more job creation, you create an environment where businesses can be more profitable.

So, the question you need to ask yourself is “Does Obama’s jobs plan make businesses more profitable across all of America?”

This administration, however, has voiced it’s objections to profits repeatedly.

Your next job is going to hire you because you can help make the company more profit.

Once elected officials grasp that simple fact, we could make some real progress.

Tiberius - Your lightning rod of hate!

September 2nd, 2011
12:39 pm

“And if tax cuts are so great for jobs, why does unemployment and underemployment keep going up, up, up despite extension of the Bush tax cuts?”

Because anybody that believes that tax cuts alone will increase jobs doesn’t have both oars in the water.

And that includes conservatives who preach them and liberals who decry them.

EJ Moosa

September 2nd, 2011
12:46 pm

“And if tax cuts are so great for jobs, why does unemployment and underemployment keep going up, up, up despite extension of the Bush tax cuts?”

Because people do not start a business to get a tax cut. Taxes cut into profits. When profits fall, people lose their jobs.

The companies that can benefit from tax cuts are operating at the edge of existence to begin with. So it’s unlikely anyone is going to get hired with just a change in temporary tax rates.

But it might keep 10 or so people working until the business environment improves. The business environment, however, has been destroyed in the United States. Innovation stifled.

We have regulated ourselves into third world status.

Zap Rowsdower

September 2nd, 2011
12:49 pm

“this President just isn’t capable of going big on anything.”

Having no experience will do that to a person. Hey, maybe he can go back to the Reeeeeeeeev. Wright next year after he’s booted from the white house.

Zap Rowsdower

September 2nd, 2011
12:50 pm

“And, of course, lets just ignore air quality standards and trust Business to do the right thing and stop pollution.”

Then ride a horse, carlos. Oh, and get a job.

emo

September 2nd, 2011
12:58 pm

“Zero job growth in August puts more pressure on Obama”

The Republicans’ plan is working to a ‘T’. Sadly, the American people must suffer for the R’s to seize power. Then you’ll see some REAL suffering.

EJ Moosa

September 2nd, 2011
1:04 pm

“The Republicans’ plan is working to a ‘T’. Sadly, the American people must suffer for the R’s to seize power. Then you’ll see some REAL suffering.”

Right, it would have been better to enable Obama to do the things to this nation we know are wrong, all in the spirit of compromise.

Is that how you run your business or family?

Tiberius - Your lightning rod of hate!

September 2nd, 2011
1:04 pm

“The Republicans’ plan is working to a ‘T’.”

Yeah, because the GOP’s stated goal is to deny jobs to Americans . . . . :roll:

Tommy Maddox

September 2nd, 2011
1:14 pm

No Tiberius – the stated goals of the GOP get blocked in the Senate.

DJ Sniper

September 2nd, 2011
1:20 pm

Didn’t a lot of these newly elected Repubs campaign on adding more jobs? If so, then where are the the jobs? Why aren’t they focused on that? Instead, they are trying to force a lot of their ideology down everybody’s throats?

Also, what’s the deal with a lot of these companies openly discriminating against the long-term unemployed?

Jefferson

September 2nd, 2011
1:22 pm

But does an unemployment rise in Texas put pressure on Perry?

Common Sense

September 2nd, 2011
1:24 pm

DJ,

You may have a point IF the newly elected Republicans were a majority in the House and Senate.

But you know they are not.

You also know that the newly elected Republicans have the least seniority , and therefore are not in control. The old members that have been there for decades are still in control. So you should keep blaming them.

Nice shot, but you missed the target.

Tiberius - Your lightning rod of hate!

September 2nd, 2011
1:30 pm

“Didn’t a lot of these newly elected Repubs campaign on adding more jobs? If so, then where are the the jobs? Why aren’t they focused on that?”

DJ, the next bill passed by the Senate sent over from the House to create jobs will be the FIRST bill passed by the Senate sent over from the House to create jobs.

Tiberius - Your lightning rod of hate!

September 2nd, 2011
1:34 pm

Jefferson, to an objective observer (which is why I have to point it out to you), Rick Perry is going to become a victim of his own success.

In creating an economic and tax-friendly environment (and having an oil and gas industry already in hand), Texas is doing well in creating new jobs. With success comes notice and with notice comes people moving to where they think jobs are available. Thus, they get an increase in population hoping to find jobs, an extra congressional seat or two, and eventually higher unemployment as move-ins exceed the number of jobs available.

That is what we are seeing in Texas right now.

The short answer is “cause and effect”.

wallbanger

September 2nd, 2011
1:40 pm

Obama has tried to foist his share the wealth philosophy on the American people. We simply aren’t the kind of people who want to work for other people’s livelihoods. We want to try and to succeed for ourselves and our own families first. I am not sure why he doesn’t understand that. He and his family sure don’t share the wealth, even with their own family members. I hope he smartens up, but since he was raised in a communist environment, and chose communists for friends it is hardly likely he will ever understand a capitalist state.

Jefferson

September 2nd, 2011
1:47 pm

Sounds like double speak to me, although most GOPer’s are quite fluent in it.

Tiberius - Your lightning rod of hate!

September 2nd, 2011
1:52 pm

“Sounds like double speak to me, although most GOPer’s are quite fluent in it.”

A. I’m not a GOPer. I’m a Constitutionalist. You’re not ready to debate that point.

B. Of course it sounds like double-speak to you. It is a logical analysis of a real situation, the concept of which is foreign to you based on your single line, drive-by posts on this and the Children’s Table blogs.

Common Sense

September 2nd, 2011
1:58 pm

Well said Tiberius!

Halftrack

September 2nd, 2011
2:00 pm

We must remember that whatever Obummer says, it will just be the words from a ventriloquest – sorry a telepromtor. His actions will reveal his real message. We will see if all Americans are included or just the political ones that is supporting Obummer, and how much “hype” the lamestream news media can languish on him.

emo

September 2nd, 2011
2:06 pm

Fine, so tell me what those House bills were that died in the Senate. I don’t count tax cuts, since we’ve seen they don’t work, including Obama’s.

As for Texas, what I hear is that all those great jobs are 1. Recovery Act jobs, 2. state government jobs, and 3. the remainder are minimum wage jobs. Another triumph for capitalism!

Common Sense

September 2nd, 2011
2:22 pm

ATF

September 2nd, 2011
2:28 pm

So. What are the Republicans going to propose. More tax cuts? Imean, we have had all these tax cuts for all these years and we have so many jobs, just swimming in them. And, we all have had so much more of a share in the great U.S. economy!

Tax cuts haven’t done anything but lead to the greatest concentration of wealth since the Great Depression. And the last stat I had ended in 2007 – before the Bush Recession. So wealth concentration may have exceeded that of the Great Depression by now. After all, among industrialized nations we are not number 1 in wealth concentration – we are number 2. Just have to raise those taxes some more and give the wealthy more tax breaks and we can be number 1 in wealth concentration, too.

If tax cuts work, were are the jobs? The Bush tax cuts are still in effect. Where are the jobs?

Common Sense

September 2nd, 2011
2:33 pm

The jobs have been regulated out of the nation.

Nearly ten years after 9/11, look at the WTC site.

If that’s all we can do with a location that has the National spotlight, imagine how long other projects take that are not in the spotlight.

As a nation we should be embarrassed.

Common Sense

September 2nd, 2011
2:38 pm

“Federal agents first raided Gibson factories in November 2009 and were back again Aug. 24, seizing guitars, wood and electronic records. Gene Nix, a wood product engineer at Gibson, was questioned by agents after the first raid and told he could face five years in jail.”

Will you be surprised when these jobs move overseas?

old timer

September 2nd, 2011
2:45 pm

@byteme….The democrats had 2 whole years and a little bit of another to do what ever they wanted in the way of BUDGETS….JOB GROWTH…and so on. They used all the time to create their monster health care bill no one really wants. So quit complaining. They had their chance and had they done a good job…..there would have been no turnover!!!

stevie ray

September 2nd, 2011
2:57 pm

Perry may not be anymore or less effective but at least he knows what if FEELS like to have jobs created under his watch. About all that can be safely said about this sorry lot.

Since Ron Paul doesn’t look presidential and is too old, sadly, Perry is the best of the worst. It’s his imaginary friends that scare me to no end….

BULLSEYE

September 2nd, 2011
3:13 pm

Georgians are just fuggin stupid

ragnar danneskjold

September 2nd, 2011
3:16 pm

The president has decided to call for repeal of Obamacare and Dodd-Frank as first steps to cure the economic malaise. Not not President Obama, President Perry in 2013.

BULLSEYE

September 2nd, 2011
3:19 pm

Just what we need. Poop-pants Perry.

old timer

September 2nd, 2011
3:27 pm

Tiberius…great comments….My husband and I work very hard for our money. We educated ourselves at our own expense. We moved up and increased responsibility. We raised our childern and educated them to become self supporting adults. We did not have childern we could not afford. We are debt free with savings, pensions, and 401ks. I do not want to take care of other people’s bad choices. Being permanently on public assistance is not a choice and in my section of TN there are families in the third generation, maybe fourth on welfare. I have just had enough. I need my money I earned and I will make good choices about who I want to help…