Obama: Economic recovery speeding up
FALLS CHURCH, VA - FEBRUARY 01: U.S. President Barack Obama holds up a one-page mortgage application form that he proposes as he delivers remarks on the economy February 1, 2012 at the James Lee Community Center in Falls Church, Virginia. …
Posted: 02/03/2012
ARLINGTON, Va. - President Barack Obama says the U.S. economy is growing stronger and the economic recovery is speeding up.
Obama says a new jobs report out Friday is more good news about the economy. But he cautioned the public that the unemployment rate may still go up and down in the coming months.
Obama also said there are still too many Americans looking for work.
Friday's report showed that the economy added 243,000 jobs last month, the strongest growth in nine months. The unemployment rate ticked down to 8.3 percent.
Obama spoke while visiting a Virginia fire station. He wants Congress to approve more grant money for programs that allow communities to hire more police officers and firefighters.
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