WASHINGTON — Republican presidential nominee Mitt Romney says a drop in the nation's unemployment rate to 7.8 percent "is not what a real recovery looks like."
The former Massachusetts governor responded to the September jobs report out Friday by arguing that Obama has a failed record on the economy. He pointed to millions of Americans still struggling for work, living in poverty and using food stamps to feed their families.
He also argued that the rate is low in part because some people have stopped looking for work.
The Labor Department says 114,000 jobs were added last month, helping bring the jobless rate to its lowest point since Obama took office in January 2009.
The figures are a much-needed boost for Obama after a disappointing debate performance against Romney this week.
Here is Romney's full statement:
This is not what a real recovery looks like. We created fewer jobs in September than in August, and fewer jobs in August than in July, and we’ve lost over 600,000 manufacturing jobs since President Obama took office. If not for all the people who have simply dropped out of the labor force, the real unemployment rate would be closer to 11%. The results of President Obama's failed policies are staggering – 23 million Americans struggling for work, nearly one in six living in poverty and 47 million people dependent on food stamps to feed themselves and their families. The choice in this election is clear. Under President Obama, we’ll get another four years like the last four years. If I’m elected, we will have a real recovery with pro-growth policies that will create 12 million new jobs and rising incomes for everyone.