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Transcripts For CNNW World Business Today 20120107

some are making claims about their own job-creating records that don t stand up to scrutiny. their case against the administration today got harder to make because new job numbers came out, unemployment fell again last month, down .2 to 8.5%. the economy gaping 200,000 jobs, 50,000 more than expected. these are decent, not spectacular by any means and president obama was cautious. there are a lot of people still hurting out there after losing more thain 8 million jobs in the recession, obviously, we have a lot more work to do. state and local government workers hardest hit, nearly a quarter million public sector jobs eliminated last year, including more than 100,000 teachers. jon huntsman called today s job report good news but said we can be doing better. ron paul said the same but warped the financial crisis is not over. rick santorum, the other gop candidates, were less generous. is great that the economy is moving forward. but it has got a boot on the throat of the

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