The Employment Situation in May

Published June 4, 2010 at 8:30 a.m.
779415-the-employment-situation-in-may

Today’s employment situation report shows continued signs of labor market recovery. Payroll employment rose for the fifth month in a row, and the unemployment rate fell two-tenths of a percentage point to 9.7 percent. While these are encouraging developments, we clearly have a very long way to go until the labor market is fully recovered. It is essential that we continue our efforts to move in the right direction and generate steady, strong job gains and continuing declines in unemployment ...

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USDA Broadband Report Highlights Role of the Recovery Act in Bringing Connectivity to Rural America

Published June 9, 2010 at 9:40 a.m.

Today I released our first comprehensive report on USDA’s deployment of American Recovery and Reinvestment Act funding for rural broadband.  It showed that the 68 investments we have already made will bring broadband access to an estimated 530,000 households, 93,000 businesses, and 3,300 anchor institutions like hospitals, schools, community centers and libraries.  They will create 5,000 jobs immediately. And they will cover an area larger than the state of California.  ... President Obama

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Press Briefing by Press Secretary Robert Gibbs and National Incident Commander Admiral Thad Allen

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remarks

Published June 7, 2010 at 11:58 a.m.

James S. Brady Press Briefing Room ... 10:10 A.M. EDT ... MR. GIBBS: Good morning, everyone. We are joined this morning by -- with Thad Allen, our national incident commander dealing with the oil spill in the Gulf of Mexico. He is also here for a meeting with Cabinet agencies that are dealing with this crisis, as well -- that begins in a little less than an hour. So let me turn it over to him to walk through the stages of our response. And we will both take your questions ... Sir ... ADMIRAL

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Jobs Numbers and the People They Represent

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barack obama

Published June 4, 2010 at 11:42 a.m.
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Click here to see the video ... The President was touring K Neal International Trucks, Inc. in Hyattsville, Maryland this morning.  The company is just a few miles out of DC, but it’s the kind of company in the kind of town you see all over America.  After the tour he said a few words to the employees about the latest jobs numbers, which CEA Chair Christina Romer wrote about this morning: ... I was talking to Stephen and he told me that rental and lease sales have improved, that there’s a

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The President Meets with His Cabinet on BP Spill: "This Will Be Contained"

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barack obama, cabinet, remarks

Published June 7, 2010 at 6:54 p.m.
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Click here to see the video ... Learn more about the ongoing Administration-wide response to the BP Oil Spill ... This morning the President met with Members of Cabinet to discuss the administration’s ongoing response to the BP Deepwater Horizon oil spill and receive a briefing from National Incident Commander Admiral Thad Allen. He spoke to the press afterwards and reiterated his commitment to protecting small business owners and workers in the Gulf Coast region: ... Now, there are a number

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First Recovery Act Electric Vehicle Delivered Today

Published May 13, 2010 at 3:04 p.m.
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For months now, a team at an Indiana plant has been hard at work preparing to manufacture electric delivery trucks that are entirely powered by plug-in power.  They’ve been installing equipment, retrofitting an old manufacturing facility, assembling parts, testing the new technology – and today they became the very first Recovery Act recipient to deliver an electric vehicle with the advanced battery and electric drive grants the President announced last year as they unveiled their new truck

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Press Gaggle by Deputy Press Secretary Bill Burton Aboard Air Force One en route Buffalo, New York

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congress, economy, hawaii, obama, remarks

Published May 13, 2010 at 12:23 p.m.

12:22 P.M. EDT ... MR. BURTON:  Welcome aboard, flight to Buffalo.  In his remarks, the President will talk about the economic crisis and some of the steps that he and the administration have taken to get us out of it.  During the economic crisis, the President and his allies in Congress were forced to make some politically difficult decisions to get our economy back on track.  As a result of those actions, we’re beginning to see jobs created and the economy growing ... The President will

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Time for Bold Action to Save Teachers' Jobs

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economy, obama

Published May 13, 2010 at 6:16 p.m.
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We know that economic prosperity and educational success go hand in hand, which is why the Obama Administration is concerned by looming state and local budget cuts that threaten the jobs of hundreds of thousands of teachers across the country.  As the President has said, we live in a global economy where the greatest job qualification isn't what you can do but what you know.  Our teachers are vital to our nation’s success and if we don’t act now and act boldly, we will not only endanger

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Obama Introduces Oil Spill Recovery Bill, Won't Pinpoint New Cap On Economic Damages

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congress, economy, obama

Published May 14, 2010 at 7:23 a.m.

The White House is sending a comprehensive legislative proposal to Capitol Hill that is designed to help abate the economic, climate and even nutritional impact of the massive oil spill in the Gulf Coast ... On Wednesday, administration officials unveiled a bill that will provide funding for further safety inspections at oil rigs, granted unemployment assistance for those hurt or displaced by the spill, gave money for environmental studies related to the oil damage in the Gulf and even expanded

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Small Businesses: "The Backbone of America's Economy"

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barack obama, economy, obama, remarks

Published May 13, 2010 at 4:21 p.m.
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President Obama travelled to Buffalo, New York this afternoon, where he visited Industrial Support Inc. and discussed the important role that small businesses have as the “backbone of America’s economy.” He explained that the government has been removing barriers to help businesses get loans as part of the President's broader economic agenda, and that this agenda is starting to bear fruit: ... All those tough steps we took, they’re working.  Despite all the naysayers who were predicting

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