White House: Job Growth Proves Recovery Act Working
05/07/2010
Manufacturing added 44,000 jobs in the month.
In a statement US Secretary of Labor Hilda L. Solis called the growth a "remarkable change" from April of 2009 when 528,00 jobs were lost.
"Our economy has added jobs in five of the last six months, and we are seeing growth in a broad range of industries including health care, manufacturing, professional and business services, and construction. In the last two months, we have added more than 500,000 jobs," she noted.
Solis says the improved employment landscape indicates that the administration's efforts to put the economy on a better track are working.
The most recent estimates from the Council of Economic Advisers indicate that the Recovery Act saved or created between 2.2 and 2.8 million jobs through the first quarter of 2010 and helped raise gross domestic product for a third straight quarter.
"While we are encouraged to see the economy strengthening and employers starting to hire again, we understand more work has to be done to ensure every American who wants a job has access to a good job," said Solis, noting that Congress recently passed the HIRE Act to encourage small businesses to start hiring again through tax cuts and Social Security tax exemptions for new hires.
"We continue to push for programs to help unemployed workers make it through this difficult time," she said, adding she supports extending unemployment benefit programs through the end of the year.
Most Read
-
-
2020 Top States for Doing Business Showcase Their Pro-Business Environments
Q3 2020
-
34th Annual Corporate Survey & the 16th Annual Consultants Survey
Q1 2020
-
“Made in America” Executive Order to Affect International Companies and FDI
Q1 2021
-
2020 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts
Q2 2020
-
Pandemic Fuels Data Center Growth
Q1 2021
-
2019 Leading Metro Locations: Pacific and South-Atlantic Metros Dominate the List
Q4 2019