News / USA

US Jobless Rate Steady; Obama Sees Progress

Multimedia

TEXT SIZE - +
Kent Klein

President Barack Obama says the U.S. unemployment report for July shows some encouraging signs, even though the jobless rate remained at 9.5 percent.  But the president admits more improvement is needed.

The Labor Department says the U.S. economy made progress in some areas last month, but not in others.

The nation lost jobs overall, mainly due to the expected cuts of 144,000 jobs at the government's Census Bureau.  But private employers added 71,000 jobs in July.

President Obama spoke Friday to workers at a sign company in Washington which recently expanded its workforce.  He said he is encouraged that July was the seventh consecutive month that America's private employers added jobs. "We have now added private sector jobs every month this year, instead of losing them, as we did for the first seven months of last year.  And that is a good sign," he said.

The president also mentioned another report which said the trend of U.S. manufacturing jobs being shipped overseas was beginning to slow. "Just this morning, there was a report about the growing trend of manufacturing plants returning to the United States from overseas, instead of the other way around," he said.

Despite his upbeat assessment, Mr. Obama conceded that a 9.5 percent unemployment rate is unacceptable, and said he will do what he can to reduce that rate. "For America's workers, families and small businesses, progress needs to come faster.  Our job is to make sure that happens," he said.

Opposition Republicans in Congress, including Representative Kevin Brady of Texas, say the stagnant jobless rate is an indictment of the Obama administration's economic policies. "At this slow pace, it will take much of the decade to return to normal employment levels.  Despite the promises, the economic plan of President Obama and congressional Democrats has failed to restore consumer confidence, a key element to economic recovery," he said.

The top Republican in the House of Representatives, Minority Leader John Boehner, issued a statement referring to persistent high unemployment as "the reality of President Obama's broken promises, out-of-control spending sprees, and failing 'stimulus' policies."

The president's top economic adviser, Christina Romer, said there will likely be more bumps in the road, or challenges, as the economy recovers.

Romer announced Thursday she will step down as head of the president's Council of Economic Advisers and return to the University of California at Berkeley to teach economics.

Mr. Obama's budget director, Peter Orszag, recently resigned as well.

You May Like

Abuja Blast Impacts Lives, Livelihoods

Officials say they are looking at ways to help bombing victims and boosting security More

Cambodia Technology Adviser Criticizes Cybercrime Draft Law

Phu Leewood says current criminal code can be used to prosecute offenders and that there is no need for a separate law More

Photogallery A Year Later, Boston Remembers Deadly Marathon Bombings

City pauses to honor victims and salute emergency workers who came to their assistance in frantic moments after blasts More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Google Buys Drone Companyi
|| 0:00:00
...
 
🔇
X
George Putic
April 15, 2014
In its latest purchase of high-tech companies, Google has acquired a manufacturer of solar-powered drones that can stay in the air almost indefinitely, relaying broadband Internet connection to remote areas. It is seen as yet another step in the U.S. based Web giant’s bid to bring Internet to the whole world. VOA’s George Putic reports.
Video

Video Google Buys Drone Company

In its latest purchase of high-tech companies, Google has acquired a manufacturer of solar-powered drones that can stay in the air almost indefinitely, relaying broadband Internet connection to remote areas. It is seen as yet another step in the U.S. based Web giant’s bid to bring Internet to the whole world. VOA’s George Putic reports.
Video

Video Ray Bonneville Sings the Blues and More on New CD

Singer/songwriter Ray Bonneville has released a new CD called “Easy Gone” with music that reflects his musical and personal journey from French-speaking Canada to his current home in Austin,Texas. The eclectic artist’s fan base extends from Texas to various parts of North America and Europe. VOA’s Greg Flakus reports from Austin.
Video

Video Millions Labor in Pakistan's Informal Economy

The World Bank says that in Pakistan, roughly 70 percent work in the so-called informal sector, a part of the economy that is unregulated and untaxed. VOA's Sharon Behn reports from Islamabad on how the informal sector impact's the Pakistani economy.
Video

Video Passover Celebrates Liberation from Bondage

Jewish people around the world are celebrating Passover, a commemoration of their liberation from slavery in Egypt more than 3,300 years ago. According to scripture, God helped the Jews, led by Moses, escape bondage in Egypt and cross the Red Sea into the desert. Zlatica Hoke reports that the story of the Jewish Exodus resonates with other people trying to escape slave-like conditions.
Video

Video Police Pursue Hate Crime Charges Against Kansas Shooting Suspect

Prosecutors are sifting through the evidence in the wake of Sunday’s shootings in a suburb of Kansas City, Missouri that left three people dead. A suspect in the shootings taken into custody is a white supremacist. As VOA’s Kane Farabaugh reports, he was well-known to law enforcement agencies and human rights groups alike.
Video

Video In Eastern Ukraine, Pro-unity Activists Emerge from Shadows

Amid the pro-Russian uprisings in eastern Ukraine, there is a large body of activists who support Ukrainian unity and reject Russian intervention. Their activities have remained largely underground, but they are preparing to take on their pro-Moscow opponents, as Henry Ridgwell reports from the eastern city of Donetsk.
Video

Video Basket Maker’s Skills Have World Reach

A prestigious craft show in the U.S. capital offers one-of-a-kind creations by more than 120 artists working in a variety of media. As VOA’s Julie Taboh reports from Washington, one artist lucky enough to be selected says sharing her skills with women overseas is just as significant.
Video

Video UN Report Urges Speedier Action to Avoid Climate Disaster

A new United Nations report says the world must switch from fossil fuels to cleaner energy sources to control the effects of climate change. The Intergovernmental Panel on Climate Change released the report (Sunday) following a meeting of scientists and government representatives in Berlin. The comprehensive review follows two recent IPCC reports that detail the certainty of climate change, its impacts and in this most recent report what to do about it. VOA’s Rosanne Skirble has the details.
AppleAndroid