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Think Tanked
Posted at 10:55 AM ET, 07/06/2012

June jobs report: What is government’s role in curbing unemployment?

The jobs report released Friday by the Department of Labor showed just 80,000 jobs were added to the economy and the nation’s unemployment rate remained at 8.2 percent, raising a number of questions about the chances of a robust economic recovery.

In the first quarter of 2012, employers added 226,000 jobs a month on average, while the second quarter has averaged 75,000 per month.

In a Fox News special, “Out of Work!” two think tankers go head-to-head to debate what the role of government in creating jobs and a better economy ought to be.

Tamara Draut, vice president for policy and research at the progressive think tank Demos, and Daniel Mitchell, a senior fellow at the libertarian Cato Institute, seem to agree on exactly one point — more gridlock in Washington — but even that is short-lived.

By  |  10:55 AM ET, 07/06/2012

 
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