Obama on Jobs Numbers: ‘A Reminder That The Road To Recovery is Never Straight’

Jan 8, 2010 4:11pm

ABC News’ Sunlen Miller reports: President Obama said today that jobs numbers released this morning are a “reminder that the road to recovery is never straight.” “We have to continue to work every single day to get our economy moving again,” the president said in the East Room this afternoon, “For most Americans, and for me, that means jobs.  It means whether we are putting people back to work.” The Labor Department reported this morning that U.S. employers shed 85,000 jobs last month, leaving the unemployment rate steady at 10 percent. Continued Obama, “Job losses for the last quarter of 2009 were one-tenth of what we were experiencing in the first quarter.  In fact, in November we saw the first gain in jobs in nearly two years. Last month, however, we slipped back, losing more jobs than we gained, though the overall trend of job loss is still pointing in the right direction.” The president said this underscores that they have to continue to explore “every avenue” to accelerate the return to hiring. Switching gears quickly from disappointing jobs numbers to efforts the administration is taking to create jobs, the President announced that the administration is awarding $2.3 billion in tax credits for American manufactures of clean energy technologies – companies that build wind turbines, solar panels, and assemble cutting-edge batteries. Awarded to 180 projects in over 40 states, the administration says they hope the initiative will generate about 17,000 jobs. The money will come from the $787 billion stimulus program. “This initiative is good for middle class families. It is good for our security.  It is good for our planet,” Obama said, “a clean energy manufacturing initiative that will put Americans to work while helping America gain the lead when it comes to clean energy.” — Sunlen Miller

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