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Archived News Release--Caution:
information may be out of date.
For more information call: 202/219-8211
I've said it before and I'll say it one last time, officially: America
has never seen a Goldilocks economic recovery like this. Not too hot. Not too
cold. Just right.
The economy closed out the year with strong, steady job growth and
continued low unemployment.
The addition of more than a quarter-million jobs in December brings the
total number of new jobs created during this Administration to 11.2 million.
Job growth remains strong in the service and retail sectors, defying the gloom
and doomers who warned that increasing the minimum wage would destroy jobs.
Overall, wages continue to rise without signs of accelerating inflation,
meaning that American workers are finally getting the raise they deserve.
Archived News Release--Caution:
information may be out of date.
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