Obama vows to create more jobs
January 8th, 2012 - 11:29 am ICT by IANS
Washington, Jan 8 (IANS) US President Barack Obama has vowed to continue his efforts to create more jobs amid heartening news that the unemployment rate has declined to its lowest level in nearly three years.
“We’re heading in the right direction. And we’re not going to let up,” Xinhua quoted Obama as saying in his weekly radio and internet address.
The latest labour department report said that 200,000 jobs were added in December.
The report came amid a flurry of positive economic news, including an increase in consumer confidence and production by factories, which showed that the US recovery was gathering momentum. It was the sixth consecutive month that more jobs were created.
Acknowledging that his biggest challenge was rebuilding the economy, Obama said “the most important thing we need to do is get more Americans back to work”.
“Because this is a make or break moment for the middle class and all those working to get there. We’ve got to keep at it. We’ve got to keep creating jobs. And we’ve got to keep rebuilding our economy so that everyone gets a fair shot, everyone does their fair share,” the president said.
- US economic recovery speeds up: Obama - Feb 04, 2012
- Obama urges US firms to bring jobs home - Jan 12, 2012
- U.S. unemployment rate drops to 8.5 percent, lowest in almost 3 years - Jan 07, 2012
- Obama unveils new plans to help veterans get jobs - Nov 08, 2011
- Job creation, economic growth Obama's top priority - Aug 06, 2011
- Americans still need jobs, housing help: Obama - Mar 07, 2012
- Biden presses Congress to pass Obama's jobs bill - Nov 05, 2011
- Obama begins re-election campaign, hits out at outsourcing (Lead) - Jan 25, 2012
- US economy on road to recovery: White House - Feb 18, 2012
- Time to step on the gas to bolster US economy: Obama - Dec 04, 2011
- Eyeing election, Obama calls for bringing jobs back home (Second lead) - Jan 25, 2012
- Study science, maths to keep 'hungry' Indian, Chinese at bay: Obama - Jun 14, 2011
- Drop in US unemployment brings cheer to Obama - Dec 03, 2011
- U.S. unemployment rate drops to 8.1 percent, lowest in 3 years - May 05, 2012
- President Obama says job growth is encouraging - May 07, 2010
Tags: barack obama, consumer confidence, economic news, economy, factories, fair share, heading in the right direction, heartening news, internet address, jobs, labour department, middle class, momentum, radio, unemployment rate, xinhua