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    Obama warns job data to fluctuate in coming months (Reuters)

    Fri, 02/05/2010 - 14:37 EDT - Yahoo! Business News
    • politics
    • YahooBizNews

    Reuters - President Barack Obama said on Friday new jobs figures showed the United States was climbing out of the "huge hole" created by the recession but he cautioned that the data would fluctuate in the months to come.

    • Original article
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    Related

    • White House says jobs data shows economy recovering

      WASHINGTON (Reuters) - A top White House economic adviser said on Friday that the lower U.S. jobless rate in September showed the economy was continuing to recover but that more steps were needed to dig out of the deep hole created by recession. The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, a potential boost to President Barack Obama's re-election bid. The Labor Department said unemployment fell last month by 0.3 percentage point to its lowest point since January 2009 as employers added 114,000 jobs. ...

    • US sees biggest job growth in three years

      President Barack Obama said the recession-racked US economy was "beginning to turn the corner," as data showed 162,000 jobs were created in March, the biggest increase in three years.The US Labor Department said job creation leaped dramatically in March after years of near-continual losses, although the increase was not enough to budge the unemployment rate from 9.7 percent.With close to one in 10 American workers unable to find a job, Friday's figures were an eagerly-awaited indicator of the strength of the economic recovery.

    • Survey: US Employers Add 215K Jobs in December

      WASHINGTON — A private survey shows U.S. businesses sharply increased hiring in December, helped by a surge of new construction jobs created to help rebuild from Superstorm Sandy. Payroll processor ADP said Thursday that employers added 215,000 jobs in December. That’s more than November’s total of 148,000, which was revised higher. The survey showed companies added 39,000 construction jobs last month. That was partly in response to the storm but also an indication of the housing recovery under way.

    • Survey: US Employers Add 215K Jobs in December

      WASHINGTON — A private survey shows U.S. businesses sharply increased hiring in December, helped by a surge of new construction jobs created to help rebuild from Superstorm Sandy. Payroll processor ADP said Thursday that employers added 215,000 jobs in December. That’s more than November’s total of 148,000, which was revised higher. The survey showed companies added 39,000 construction jobs last month. That was partly in response to the storm but also an indication of the housing recovery under way.

    • White House says jobs data shows economy continuing to heal

      WASHINGTON (Reuters) - The White House said on Friday that data showing hiring in the United States increased in October was proof the economy is on the mend, and stressed that the nation needs to stay with President Barack Obama's policies to dig out of hole created by the recession. "Today's employment report provides further evidence that the U.S. economy is continuing to heal from the wounds inflicted by the worst downturn since the Great Depression," Alan Krueger, chairman of the White House Council of Economic Advisers, said in a statement. ...

    • Obama says economic fix could take years (Reuters)

    • Payrolls rise sharply, giving Obama some relief

      WASHINGTON (Reuters) - U.S.

    • Jobs data force delicate balancing act for Obama

    • Obama says many months before U.S. exits recession (Reuters)

      Reuters - President Barack Obama warned on Saturday it would take "many more months" for the United States to get out of recession even after GDP figures showed the economy shrank only modestly in the second quarter.

    • Obama says many months before U.S. exits recession (Reuters)

      Reuters - President Barack Obama warned on Saturday it would take "many more months" for the United States to get out of recession even after GDP figures showed the economy shrank only modestly in the second quarter.

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