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Archived News Release--Caution:
information may be out of date.
For more information call: (202) 219-8211 x 118
Our economy today has turned Sweet 16. We have created over 16 million
new jobs since the President took office 5 years ago.
If you listen closely, the sound you hear across this country is the
sound of opportunity knocking. This is truly an opportunity economy. Our
economy is strong. It is solid. And it continues to soar.
Last month's unemployment rate held steady at 4.3 percent--an historic
28-year low. Overall payroll employment rose by 296,000 in May. Job growth was
particularly strong in engineering and management services; finance and
insurance; and health services.
We are currently in the midst of the first ever National Summit on
Retirement Savings. The strong economy is further evidence that now is the time
to encourage Americans to save for the future. Americans need to know that when
you save for tomorrow, you're really giving yourself a raise.
As the school year ends, our children are coming home with their report
cards. The report card is in on this economy--and the President has earned an
A+ for America's workers.
Archived News Release--Caution:
information may be out of date.
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