August Job Report: “Zero”

by Danielle Cotterman on September 2, 2011 at 5:54 am

New data released shows employment growth was non-existent for the month of August.

Despite the lack of employment growth, the jobless rate stayed at 9.1%  for the month. Congressman Bob Gibbs believes the country never fully recovered form the recession and fears we’re backsliding.

"People need to be able to have an opportunity and a job," said Gibbs. " It’s just frustrates me to no end when I see somebody who wants to work and no job. That’s just so frustrating."

The Labor Department reports payrolls were also unchanged. The weakest report in almost a year. It was the first time since 1945 that the government has reported a net monthly job change of zero.

"Businesses want to grow but their not going to risk capital when they don’t know the futures uncertain," said Gibbs.

President Obama will address a new jobs plan to the nation next Thursday.