Tags: US | Obama | Economy

Obama: New Jobs Numbers 'Positive' but Not Enough

Friday, 03 Sep 2010 12:57 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

President Barack Obama says that a new jobs report showing private sector growth in August is positive but more needs to be done for the economy.

He renewed his call Friday for the Senate to pass a bill that would increase lending and reduce taxes for small businesses. Obama said GOP opposition was needlessly delaying the aid.

But he said there was "no silver bullet" to solve the country's economic woes.

Obama spoke alongside his economic team in the Rose Garden after the Labor Department reported that private employers added 67,000 new jobs last month, and both July and June's private-sector job figures were revised upward. Those numbers were better than expected and pushed stock prices up.

But the jobless rate rose slightly to 9.6 percent.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Cop Killer's Commencement Address Angers Officer's Widow

Tuesday, 30 Sep 2014 23:17 PM

The decision to allow a man serving a life sentence for killing a police officer in 1981 to deliver a college commenceme . . .

Michelle Bachmann: 'Impossible' Obama Didn't Know About ISIS

Tuesday, 30 Sep 2014 21:21 PM

It is "absolutely impossible" President Barack Obama was unaware how powerful the Islamic State (ISIS) had become before . . .

Prosecutor: Okla. Beheading Suspect 'Didn't Like White People'

Tuesday, 30 Sep 2014 21:35 PM

An Oklahoma man who could face the death penalty for allegedly beheading a co-worker was suspended from his job after te . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved