September 3rd, 2010
11:02 AM ET
4 years ago

Obama promises new jobs initiatives, slams GOP

ALT TEXT

 President Obama spoke Friday in the Rose Garden, surrounded by his team of economic advisors. (PHOTO CREDIT:Shawna Shepherd/CNN)


Washington (CNN) – President Barack Obama went on the offensive on the politically critical issue of job creation Friday, promising to lay out a broad package of ideas next week and slamming Senate Republicans for blocking passage of his administration's small business aid legislation.

Obama renewed his call for the languishing bill in the wake of Friday's release of new unemployment figures. The jobless rate, according to the Labor Department, rose from 9.5 to 9.6 percent in August.

The economy lost a total of 54,000 jobs last month. Most of the losses, however, came from the public sector, as the government cut 114,000 temporary census workers. Private businesses added 67,000 jobs to their payrolls.

August was the eighth straight month that businesses added jobs, following nearly two straight years of job losses. So far this year businesses have added 763,000 workers to payrolls.

"That's positive news," Obama declared at the White House, flanked by his top economic advisers. It "reflects steps we've already taken to break the back of this recession."

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Filed under: Economy • issues • President Obama
soundoff (82 Responses)
  1. Dave

    More temporary jobs?
    Because I just listened to lib NPR and they were detailing how corporations are learning to do things more efficiently and are doing well but not hiring. So I am wondering if he is just creating more temp jobs again.

    September 3, 2010 12:16 pm at 12:16 pm |
  2. Who is That?

    Did you notice how Tim Geithner looks? He must not be very happy to come back breaking up his vacation plans, where as "The One" takes his vacation.

    September 3, 2010 12:16 pm at 12:16 pm |
  3. HCX

    The company I work for (Fortune 500) just adverstised for 2 positions for assistant managers (decent paying desk jobs with all the benes). We went through a large on-line job search for 2 weeks and had 62 applicants and NOT ONE was currently unemployed. Totally unexpected based on the news.

    We are in a mid Atlantic state too. Not the boonies.

    Very strange.

    September 3, 2010 12:19 pm at 12:19 pm |
  4. Patricia Dickson

    May God bless you Mr President, and i bind up every warefare spirit that rise up against you i bind them up in the name of Jesus Christ,

    September 3, 2010 12:20 pm at 12:20 pm |
  5. Bill

    Mr. President,

    Carry on, you are on right track, ask those Gopers (Fear mongers and war mongers) if thy haveany better solution to create JOBS and improve the economy other than tax cut for the 2% rich. You will have to explain in simple tone to some of those un educated who are always ready for all free bee from washington should not support GOPERS.............Good luck.

    September 3, 2010 12:24 pm at 12:24 pm |
  6. David

    If the GOP isn't going to help fix the mess they made they should just get out of the way, even the top GOP economists publicy stated that it would take years if not decades to undo the damage done by the GOP's bank bailouts in 2008, stop trying to rewrite the past and think of the people rather than your political careers.

    September 3, 2010 12:32 pm at 12:32 pm |
  7. FlyReelMan

    If there is any doubt that these Government stimulus programs have a positive benefit just look at what happened to the housing sector when the first time home buyers credit program ended…it dropped 25%. Although these programs have not pushed the economy into full recovery they have prevented a full-on Depression which is a success in itself.

    September 3, 2010 12:34 pm at 12:34 pm |
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