» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 126 | NO. 65 | Monday, April 4, 2011

Obama: Jobs Numbers are Sign of Economy's Strength

AP

Print | Front Page | Email this story | Comments ()

LANDOVER, Md. (AP) – President Barack Obama says unemployment numbers released Friday indicate the economy is showing signs of strength.

The unemployment rate fell to a two-year low of 8.8 percent in March, capping the strongest two months of hiring since the recession began. The rate has fallen a full percentage point over the past four months, the sharpest drop since 1983.

Obama says there is still work to be done. He says even as he deals with crises around the world, the U.S. economy is his first priority. Obama spoke at a shipping facility in Maryland.

The 2.5 million jobs economists expect to be created over the rest of this year will be only a small portion of the 7.5 million wiped out during the recession.

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 97 295 5,829
MORTGAGES 119 351 6,951
FORECLOSURE NOTICES 11 69 1,099
BUILDING PERMITS 275 845 12,430
BANKRUPTCIES 51 216 4,304
BUSINESS LICENSES 38 135 2,314
UTILITY CONNECTIONS 23 138 2,518
MARRIAGE LICENSES 24 77 1,204

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.