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finally, a job s report that beats expectations. sure, expectations were low, under 100,000, but look at this official net gain for july. 163,000. that s the most new jobs since february. the unemployment rate, meanwhile, a separate survey ticked up last month to 8.3%. christine romans watching this all-important gauge of economic vitality, shall we say. would you call the july numbers vital? i would say it s vital to the president s re-election prospects and vital to every single family in america who is trying to figure out if they can keep their job or get a job. yes, this is a really a important report. you gave the headline numbers. let me dig in a little bit. i took 40 pages of tables and graphs and put it in one graph to show you how it works. the private sector created 172,000 jobs, kyra. but the government is still a drag on overall job creation. 9,000 more government jobs lost. in the month, you have almost 500,000 government jobs that have been shed since feb ....
that actually represents a slowdown in hiring and leaves us wondering why. are there enough jobs out there to sustain our fragile recovery? christine romans, the host of your bottom line, has been studying the numbers. break it down for you. i put it on a chart an graphic to show you the jobs report, ali. you make a good mount. 120,000 jobs created is a big slowdown from the pace we ve seen over the last few months. 8.2% unemployment is a drop but not making people happy. you had people dropping out of the labor market, 164,000 people dropped out of the labor market. that s why the jobs number went down, unemployment went down. focus on the overall job creation. i want to show one of the things you ve been watching also, the public sector jobs. only about 1,000 government jobs were lost. we lost about 6,000 the month before. a slowdown in that trend. private sector carrying things but the private sector slowing down, too. christine some is something we study careful ....
but house speaker john boehner still slammed the president this morning. he says, quote, today s report shows that families and small businesses are still struggling to get by because of president obama s failed economic policies. could it have been better? we ll break down the numbers for you in just a few minutes. and president obama has a message for women. i m thinking about you. the president spoke just a short time ago, kicking off the white house forum on women and the economy. i do think that the conversation s been oversimplified. women are not some monolithic bloc. women are not an interest group. you shouldn t be treated that way. women are over half of this country, and its work force. the administration is also rei reing a reporter at the forum on how they ve worked to create jobs for women. republicans have blasted the event as a blatant attempt by the white house to court women voters. the president also reiterated his support for women being allowe ....