Jobs Report | featured news

"[B]usinesses have created 4.4 million new jobs over the past 28 months," the president said, "including 500,000 new manufacturing jobs. That’s a step in the right direction. That’s a step in the right direction. But we can’t be satisfied, because our goal was never to just keep on working to get back where we were back in 2007, and I want to get back to a time when middle-class families and those working to get to the middle class have some basic security. That’s our goal.”

Obama campaign spokesman Ben LaBolt responded in a statement. “The President brought us back from the brink of another Depression but he doesn’t believe our work is done -- he’s got a plan to restore the middle class and create a million jobs now that Mitt Romney opposes and Republican leaders have blocked," LaBolt's statement read in part. "Mitt Romney says he has a better path, but over the past decade we saw where that took us -- to the slowest job growth since World War II, the collapse of our financial system and the deterioration of the middle class."

Third straight month of weak hiring shows economy is struggling three years after recession ended. The unemployment rate was unchanged at 8.2 percent, the Labor Department said Friday. Click to Continue »

Stocks got a lift Friday by news that the US economy generated more jobs than anticipated over the past three months, reinforcing hopes that the world's largest economy will not be sliding back into recession. The Labor Department reported that the U.S. added 103,000 jobs in September. That was above expectations for a 60,000 increase. It also revised up the previous two months' figures to show around 90,000 more jobs were created than previously thought.

Republican presidential hopefuls are taking aim at President Obama for the latest dismal jobs report, saying he's to blame for the slow pace ...