Obama likes the jobs number! The President will be speaking at 1:15 to talk about how the economy only shed 247,000 jobs in July, according to CBS reporter Mark Knoller. He’ll also thump his chest over the surprise* in in the unemployment rate.
If Obama can convinced the public that the economy now really is turning around, it should help him a lot in getting his bigger policy priorities passed.
*We’ll be curious if the dip from 9.5% to 9.4% proves to be more about unemployment benefits exhaustion, rather than an actually better jobs picture.
NOW WATCH: Money & Markets videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.