For Immediate Release
Office of the Press Secretary
July 6, 2007
Fact Sheet: Job Creation Continues - More Than 8.2 Million Jobs Created Since August 2003
June 2007 Marks 46th Consecutive Month Of Job Growth
In Focus: Jobs & Economy
Today, The Bureau Of Labor Statistics Released New Jobs Figures – 132,000 Jobs Created In June. Since August 2003, more than 8.2 million jobs have been created, with more than 2 million jobs created over the twelve months ending in June. Our economy has now added jobs for 46 straight months, and the unemployment rate remains low at 4.5 percent.
Americans Are Working And Taking Home More Pay
The President's Agenda Will Help Keep America's Economy Strong, Flexible, And Dynamic
President Bush's FY 2008 Budget Lays Out A Detailed Plan To Balance The Budget By 2012 While Keeping Taxes Low. Tax and spend is no way to balance the budget. The President's Budget keeps annual spending under control and addresses our long-term budgetary challenge – the unsustainable growth in entitlement programs like Medicare and Social Security.
President Bush Has Called On Congress To Pass Legislation To Achieve His "Twenty In Ten" Goal To Reduce U.S. Gasoline Consumption By 20 Percent Over 10 Years. President Bush commends Congress for considering legislation to help bring America closer to meeting his "Twenty In Ten" goal, and challenges them to take a bolder approach to strengthen America's energy security. Achieving this goal will benefit the economy, national security, and the environment.
President Bush Has Called On Congress To Help Keep America Competitive In The 21st Century By Reauthorizing And Strengthening The No Child Left Behind (NCLB) Act This Year. NCLB is working – during the most recent five-year period on record, the National Assessment of Educational Progress shows nine-year-olds made more progress in reading than they did in the previous 28 years combined. Strengthening NCLB will help ensure that all children graduate high school ready for college and the global economy, will better help struggling schools, and will empower parents with more choices.
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