Tags: US | Obama | Economy

Obama: New Jobs Numbers 'Positive' but Not Enough

Friday, 03 Sep 2010 12:57 PM

 

  Comment  |
   Contact  |
  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 This material may not be published, broadcast, rewritten or redistributed.

  Comment  |
   Contact  |
  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.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Immigrants Build Document Trails to Remain in US

Saturday, 20 Dec 2014 10:47 AM

The search for documents is on for immigrants who may qualify for a work permit and reprieve from deportation under meas . . .

Google Sues to Block Mississippi AG Probe

Saturday, 20 Dec 2014 10:39 AM

Google filed a motion Friday in federal district court to block a subpoena by Mississippi Attorney General Jim Hood, all . . .

Allen West Says Goodbye to Florida at Holiday Party

Saturday, 20 Dec 2014 08:49 AM

Tea party hero Allen West is making his final Florida appearance before moving to Texas. . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

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