Election 2012: Job numbers key to Obama re-election

Douglas Holtz-Eakin, a former Congressional Budget Office director and a top 2008 adviser to Republican John McCain, summed it up as “not many jobs, not much income, and not enough hope for over 300,000 workers who gave up looking.”

Obama’s team searched hard Friday for something upbeat to say, but there wasn’t much there.

Alan Krueger, chairman of the president’s Council of Economic Advisers saw “a picture of an economy healing.” But, he was quick to add, “We need faster job growth.”

Copyright 2012. The Associated Press

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