The latest jobs report may have shown a decrease in the unemployment rate and an increase in jobs added, but GOP presidential hopefuls say it's not enough, and are laying blame on President Obama.

Michele Bachmann is one such hopeful putting blame on the president.

"It's time for the President to admit what the markets, the world, and the American people already know - his trillion dollar stimulus was a failure, the government can't create jobs, and massive spending kills them," Bachmann said in a press release on her website.

Tim Pawlenty addressed both the jobs report and the recent stock market tumble.

"In the last week, the stock market suffered its worst day in years, economic growth was revised down and consumer confidence dropped," Pawlenty said in a statement on his website. "Despite these clear and abundant signs that our economy is floundering, President Obama has still failed to deliver a concrete plan to create jobs and promote growth."

Jon Huntsman did not spare the president, either. "When President Obama should have been focused on creating jobs, he focused on a government-mandated health care system that the American people didn't ask for and can't afford," he said on his website.

Mitt Romney's response to Thursday stock market plunge had an even more ominous tone.

"When you see what this president has done to the economy in three years, you know why America doesn't want to find out what he can do in eight," he Tweeted on Friday.

White House Press Secretary Jay Carney told reporters in a press conference yesterday that President Obama was working with senior economic advisors and members of Congress to come up with proposals for job creation.

"There are things that Congress can do now to create jobs, and they should," Carney said. "There are things that Congress will be able to do when they return from recess to help create jobs and spur growth, and they should."