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in the united states and around the world. i'm wolf blitzer. you're in "the situation room." economists didn't sigh this one coming, one expert calling the may jobs report shockingly low. that's the weakest growth in a year and the unemployment rate ticked up to 8.2%. it's a brutal setback for the economy and a serious setback for the obama campaign as well. the president out on the campaign trail is struggling to convince voters he's part of the solution, not part of the problem. briana keiller is traveling with the president. >> the president urged the crowd to look at the broade...

Chris is to start us off on a day when we are seeing so much news from the effects of an earthquake and a tsunami and one oin oneof the biggest countriese world japan. we see oil prices lower why is that. >> reporter: as soon as we got word that there may be the police in saudi arabia may be firing on protesters, that is really the country that everyone is looking at as far as the oil exports go. any sign of unrest there that is going to drive oil prices higher. today word comes out this morning that really that day of rage in saudi arabia was not nearly as bad as some people had anticipated. ...