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VOL. 129 | NO. 130 | Friday, July 04, 2014

Obama on Economy: 'We're Making Progress'

DARLENE SUPERVILLE | Associated Press

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WASHINGTON (AP) – President Barack Obama says job growth in June shows the recovery is taking hold, but the economy could still do better.

Obama is urging Congress to work with him to help create more jobs.

Obama cites the fastest job growth since 1999 and says, quote, "we're making progress."

Employers added 288,000 jobs in June, helping drive the unemployment rate to 6.1 percent. It is the lowest rate since September 2008 and the fifth straight monthly job gain above 200,000.

Obama spoke at 1776, a tech startup hub in Washington, D.C., with an appropriate name for Independence Day. The White House says the business illustrates Obama's commitment to promoting entrepreneurship.

Obama credits entrepreneurs for, quote, "trying to figure out how we do well by doing good."

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 This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 86 86 12,712
MORTGAGES 114 114 16,584
FORECLOSURE NOTICES 0 0 3,290
BUILDING PERMITS 0 0 27,694
BANKRUPTCIES 64 64 10,554
BUSINESS LICENSES 23 23 4,227
UTILITY CONNECTIONS 112 112 16,462
MARRIAGE LICENSES 33 33 3,724

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