August 8, 2010 by USA Post
Ohio Unemployment, USA TODAY – President Obama cited the slight increase in job creation in the private sector today, but added that “the escalation of any recession – much less a hole as deep as this one – takes some time.”
“The road to recovery does not follow a straight line,” Obama said during a visit to a signage company in Washington, DC “Some sectors recover faster than others.”
Obama spoke just hours after the Labor Department reported that the unemployment rate remains at 9.5%. He said the economy lost 131,000 jobs in total, although the president said most of those jobs were temporary U.S. Census.
Obama stressed that the private sector created 71 000 jobs, the seventh consecutive month of job creation. He highlighted the growth in manufacturing and automobiles. “There are some positive trends out there,” he said.
House, John Boehner, Minority Leader, R-Ohio, said the gloomy jobs report is further evidence that Obama’s policies are hindering economic recovery. “Welcome to the reality of the broken promises of President Obama, partying out of control spending and policies in the absence of” stimulus, “Boehner said.
After touring Gelberg Signs, a small company in Washington, DC, Obama said he knows that too many American families need help now. He urged Congress to pass new jobs, commercial loans and programs for clean energy projects.
“Progress has to come faster,” said Obama. There is a need “to accelerate our recovery, so it reaches people and places that do not need the relief of a year from now, not six months, but now – now.”
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