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

Turkey's Controversial Reform Bill Giving Investors Jitters

Homeland security reform bill will give police new powers in search, seizure, detention and arrests, while restricting the rights of suspects, their attorneys More

Audio Slideshow In Kenyan Prison, Good Grades Are Path to Freedom

Some inmates who get high marks could see their sentences commuted to non-custodial status More

'Rumble in the Jungle' Turns 40

'The Champ' knocked Foreman out to regain crown he had lost 7 years earlier when US government accused him of draft-dodging and boxing officials revoked his license 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.
Victorious Secularists Face Challenge to Form Government in Tunisiai
X
Henry Ridgwell
October 30, 2014 11:39 PM
Official results from Tunisia show the Islamist Ennahda party has failed to win the second free election since the so-called "Arab Spring" uprising in 2011. Ennahda, which handed power to a government of technocrats pending the elections, lost out to the secular party Nidaa Tounes. Henry Ridgwell reports from London that the relatively peaceful poll offers some hope in a volatile region.
Video

Video Victorious Secularists Face Challenge to Form Government in Tunisia

Official results from Tunisia show the Islamist Ennahda party has failed to win the second free election since the so-called "Arab Spring" uprising in 2011. Ennahda, which handed power to a government of technocrats pending the elections, lost out to the secular party Nidaa Tounes. Henry Ridgwell reports from London that the relatively peaceful poll offers some hope in a volatile region.
Video

Video Africa Tells its Story Through Fashion

In Africa, Fashion Week is a riot of colors, shapes, patterns and fabrics - against the backdrop of its ongoing struggle between nature and its fast-growing urban edge. How do these ideas translate into needle and thread? VOA’s Anita Powell visited this year’s Mercedes Benz Fashion Week Africa in Johannesburg to find out.
Video

Video Smugglers Offer Cheap Passage From Turkey to Syria

Smugglers in Turkey offer a relatively cheap passage across the border into Syria. Ankara has stepped up efforts to stem the flow of foreign fighters who want to join Islamic State militants fighting for control of the Syrian border city of Kobani. But porous borders and border guards who can be bribed make illegal border crossings quite easy. Zlatica Hoke has more.
Video

Video China Political Meeting Seeks to Improve Rule of Law

China’s communist leaders will host a top level political meeting this week, called the Fourth Plenum, and for the first time in the party’s history, rule of law will be a key item on the agenda. Analysts and Chinese media reports say the meetings could see the approval of long-awaited measures aimed at giving courts more independence and include steps to enhance an already aggressive and high-reaching anti-corruption drive. VOA’s Bill Ide has more from Beijing.
Video

Video After Decades of Pressure, Luxembourg Drops Bank Secrecy Rules

European Union finance ministers have reached a breakthrough agreement that will make it more difficult for tax cheats to hide their money. The new legislation, which had been blocked for years by countries with a reputation as tax havens, was approved last week after Luxembourg and Austria agreed to lift their vetoes. But as Mil Arcega reports, it doesn’t mean tax cheats have run out of places to keep their money hidden.
Video

Video Kobani Refugees Welcome, Turkey Criticizes, US Airdrop

Residents of Kobani in northern Syria have welcomed the airdrop of weapons, ammunition and medicine to Kurdish militia who are resisting the seizure of their city by Islamic State militants. The Turkish government, however, has criticized the operation. VOA’s Scott Bobb reports from southeastern Turkey, across the border from Kobani.

All About America

AppleAndroid