Obama: Job creation continuing, must come faster
WASHINGTON (AP) - President Obama says the country is now consistently adding jobs instead of losing them in huge numbers...
WASHINGTON (AP) — President Barack Obama is hailing the seventh straight month of private job creation as a good sign for the economy. But he says the progress “needs to come faster.”
The president spoke at Gelberg Signs, a small business in Washington, D.C., that is expanding and hiring workers.
His comments came as a new jobs report out Friday shows companies lacked strong confidence in hiring for a third straight month.
WATCH MSNBC COVERAGE OF OBAMA AND JOBS:
[MSNBCMSN video=”http://www.msnbc.msn.com/id/32545640″ w=”592″ h=”346″ launch_id=”38594198″ id=”msnbc1190c4″]
Visit msnbc.com for breaking news, world news, and news about the economy
The unemployment rate was stuck at 9.5 percent, and private employers added a net total of only 71,000 jobs.
Obama says the country is now consistently adding jobs instead of losing them in huge numbers. He said that for workers, the progress must be accelerated. He called on Congress to take more steps to help businesses.
Copyright 2010 The Associated Press.
