Saturday, April 2, 2011

American Unemployment At New Low - 8.8% With 230 000 Private Sector Jobs in March

“I will not be satisfied
until every American
who wants a good job
can find one”
-Pres.Obama
Figures released by the U.S. Labor Department, this morning, show that unemployment has fallen to 8.8%. Speaking earlier today, President Obama said:
Nearly two years after one of the worst recessions we’ve ever seen, our economy is showing signs of real strength. Today we learned that we added 230,000 private sector jobs last month. That makes 1.8 million private sector jobs created in the last thirteen months. And the unemployment rate has now fallen a full point in the last four months. The last time that happened was the recovery of 1984.

Now, despite this good news, we still have plenty of work to do. There are still millions of Americans looking for a job that pays the bills. I know there’s a lot going on in the world, and the news is filled with images of the Middle East and Japan, but you should know that keeping the economy growing and making sure jobs are available is the first thing I think about when I wake up every morning. It’s the last thing I think about when I go to bed each night. And I will not be satisfied until every American who wants a good job can find one; until every family gets a shot at the American Dream. That’s our North Star. That’s what we’re fighting for.
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