Remarks of President Barack Obama
As Prepared for Delivery
The White House
January 08, 2011
Last month, our economy added more than 100,000 private sector jobs and the unemployment rate fell sharply. This follows encouraging economic news from increased auto sales to continued expansion of our manufacturing sector.
Now, we know that these numbers can bounce around from month to month. But the trend is clear. We saw 12 straight months of private sector job growth – the first time that’s been true since 2006. The economy added 1.3 million jobs last year. And each quarter was stronger than the last, which means the pace of hiring is picking up.
Now we’re seeing more optimistic economic forecasts for th
