Biden says no 'stagnation' in employment numbers
Published: May 6, 2012
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WASHINGTON (AP) — Vice President Joe Biden says the latest job numbers show an economy still struggling to recover, but not one where hiring suddenly has stalled.
Republican presidential candidate, former Massachusetts Gov. Mitt Romney speaks at a campaign stop in Pittsburgh, Pa., Friday, May 4, 2012. (AP Photo/Jae C. Hong)
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But he says that just might happen if Mitt Romney is elected.
"How is he gonna create jobs?" Biden asked in an interview with NBC's "Meet the Press."
Biden wonders how Romney's tax cuts for the wealthy will lead to new jobs.
The latest jobs report, on April unemployment, showed a continued slowdown in hiring. The economy added just 115,000 net jobs. The jobless rate slipped to 8.1 percent, but mostly because large numbers left the workforce.
Biden calls it "steady growth, not enough."
He says lots of people are in trouble "but there's no stagnation."
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