CNN The Situation Room With Wolf Blitzer July 8, 2011
"the situation room." >> a lot of pain and not enough gain. a new snapshot of employment in this country. 18,000 jobs were created in june. that's far short of the 125,000 new jobs some economists were predicting. another setback, the unemployment rate unexpectedly rose to 9.2% last month, up from 9.1% in may. president obama says the steal mate over the rising debt is contributing to the problem and he says it must be resolved by the august 2 deadline. >> the sooner with eget this done, the sooner that the markets know that the debt limit ceiling will have been raised and that we ha...