News / USA

US Unemployment Numbers Mixed

Kent Klein

President Barack Obama says the U.S. economy is moving in the right direction, but not fast enough.  The president Friday welcomed August's better-than-expected unemployment numbers, but will announce next week new plans to strengthen the economy.

The nation's economy produced 67,000 new private sector jobs in August, but the unemployment rate rose because not enough jobs were created to absorb the growing number of Americans looking for work

President Obama called the news positive, but not nearly good enough.

"The economy is moving in a positive direction," said President Obama. "Jobs are being created.  They are just not being created as fast as they need to, given the big hole that we have experienced."

Watch Robert Raffaele's Companion TV Report

Standing with his economic advisers in the White House Rose Garden, Mr. Obama said that in the coming week, he will propose new ideas for putting more Americans to work.

"We are going to have to continue to work with both Republicans and Democrats to come up with ideas that can further accelerate that job growth," said Mr. Obama. "I am confident that we can do that."

After a week focused on the military drawdown in Iraq and the Middle East peace talks, the president plans to concentrate on the economy in the next week.

He will travel to the Midwestern U.S. in the coming days to discuss economic issues, and will conclude next week with a rare White House press conference.

Among other initiatives, Mr. Obama is again calling on the Senate to pass a bill to give tax breaks to small businesses.

"One thing we have a responsibility to do right now is to lift up our small businesses, which accounted for over 60 percent of job losses in the final months of last year," he said.

White House officials have said there will not be another large economic stimulus bill like the more than $800 billion package Congress passed last year.

Many candidates from Mr. Obama's Democratic Party are trailing Republicans in public opinion polls, about two months before midterm elections.  Pollsters say the country's economic problems are largely to blame.

You May Like

China Investigates Former Powerful Security Chief

Former security chief and member of Politburo Standing Committee, Zhou Yongkang, under investigation for suspected 'serious disciplinary violation' More

India, US Look to Reset Ties During Kerry Visit

This week's talks will be first high level interaction between two countries since Prime Minister Narendra Modi took charge More

Video Young African Leadership Program Renamed to Honor Mandela

YALI program, launched by President Obama in 2010, aims to build skills in business, entrepreneurship, public management and civic leadership 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.
Vietnamese Staging Chinese Product Boycott After Oil Rig Spati
X
Reasey Poch
July 28, 2014 7:18 PM
China recently pulled an oil rig from an area of the disputed South China Sea that Vietnam also claims. Despite the action, the incident has had a lingering effect on consumers in Vietnam. VOA's Reasey Poch reports from Hanoi on an effort to boycott Chinese products.
Video

Video Vietnamese Staging Chinese Product Boycott After Oil Rig Spat

China recently pulled an oil rig from an area of the disputed South China Sea that Vietnam also claims. Despite the action, the incident has had a lingering effect on consumers in Vietnam. VOA's Reasey Poch reports from Hanoi on an effort to boycott Chinese products.
Video

Video ESA Spacecraft to Land on a Comet

After a long flight through deep space, a European Space Agency probe is finally approaching its target -- a comet millions of kilometers away from earth. Scientists say the mission may lead to some startling discoveries about the origins of the water on earth. VOA’s George Putic has more.
Video

Video Young Africans Arrive in US for Leadership Program

President Barack Obama's Young African Leadership Initiative has brought hundreds of young Africans to the United States for a six-week program aimed at building their knowledge and skills in fields such as public administration and business. Out of the 50,000 young Africans who applied for the program, just one percent was accepted. VOA's Laurel Bowman caught up with some of those who made the cut and has this report.
Video

Video In Honduras, Amnesty Rumors Fuel US Migration Surges

False rumors in Central America are fueling the current surge of undocumented young people being apprehended at the U.S. border. The inaccurate claims suggest the U.S. will give amnesty to young migrants from the region. As VOA's Brian Padden reports from Honduras, these rumors trace back to President Obama's 2012 executive order to halt deportations for some young undocumented immigrants already living in the United States.
Video

Video Students in Business for Themselves

They're only high school students, but they are making accessories for shoes, fabricating backpacks and doing product photography - all through their own businesses. It's the result of a partnership between a non-profit organization that teaches entrepreneurship and their schools. VOA's Mike O'Sullivan and Deyane Moses met the budding entrepreneurs near Los Angeles.
Video

Video Astronauts Train in Underwater Lab

In the world’s only underwater laboratory, four U.S. astronauts train for a planned visit to an asteroid. The lab - called Aquarius- is located five kilometers off Key Largo, in southern Florida. Living in close quarters and making excursions only into the surrounding ocean, they try to simulate the daily routine of a crew that will someday travel to collect samples of a rock orbiting far away from earth. VOA’s George Putic has more.

AppleAndroid