The Politics of the June 1 Jobs Numbers

Just 69,000 private sector jobs were created in May, and the unemployment rate crept up from 8.1 to 8.2 percent. President Obama tried to make the best of bad news from today's Bureau of Labor Statistics. The first Friday of every month until November could be decisive in the presidential campaign, according to Chris Cillizza, managing editor of the Washington Post's political section and author of The Fix blog.