Friday, May 7, 2010

Obama: April job growth is encouraging, but more economic work remains to be done


Obama: April job growth encouraging, more to do
AP
WASHINGTON — President Barack Obama is hailing April’s increase in jobs as further evidence of an improving economy.

Obama said Friday that controversial steps by his administration have helped the nation pull out of a serious recession. He was alluding to acts such as last year’s stimulus bill.

The nation added 290,000 jobs in April. The unemployment rate rose to 9.9 percent because more people sought work. Obama said that was a sign of greater hope among unemployed people.

He said the nation still has a lot of work to do to get more people back to work.

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