August 23, 2014
LOS ANGELES (AP) - Republican vice presidential nominee Paul Ryan says the latest unemployment report shows the economy is "limping along" as a result of failed leadership and bad fiscal policy coming from the Obama administration.
Ryan says news that employers added just 96,000 new jobs in August "is not even close to what a recovery looks like."
He commented during an interview with CNBC before a campaign appearance in Nevada.
The unemployment rate fell to 8.1 percent in August, down from 8.3 percent in July. But the drop was only because more people gave up looking for work.
Ryan says he and Republican presidential candidate Mitt Romney will push for low tax rates, economic growth and regulatory reform to help employers create jobs.
Copyright 2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.