The White House
President George W. Bush
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For Immediate Release
Office of the Press Secretary
April 7, 2006

Fact Sheet: Economic Growth Continues - More Than 5.1 Million Jobs Created Since August 2003

      President Bush Discusses America's Strong and Growing Economy
      In Focus: Jobs & Economy

"These millions of new jobs are evidence of an economic resurgence that is strong, broad, and benefiting all Americans."

- President Bush, April 7, 2006

Today, The Government Released New Jobs Figures - 211,000 Jobs Created In March. The economy created 211,000 jobs in March and has created about 2.1 million jobs over the past 12 months - and more than 5.1 million since August 2003. The unemployment rate is 4.7 percent - lower than the average of the 1960s, 1970s, 1980s, and 1990s.

The Economy Is Strong And Continues To Grow

The President's Tax Relief Has Helped Spur America's Economic Momentum

In The Past Five Years, The President's Tax Relief Helped Spur Growth By Keeping $880 Billion In People's Hands. To keep the economy growing, the President believes the American people should be able to keep more of their own money to save and invest as they see fit. The President has cut taxes for everybody who pays income taxes, including families, small business owners, farmers, and entrepreneurs.

The President's Agenda To Grow A Vibrant Economy

President Bush's Pro-Growth Policies Will Ensure Continued Economic Opportunity. President Bush is working with Congress to make health care more affordable and accessible; increase America's energy independence; open additional markets to American products; reform the immigration system and ensure secure and orderly borders; and reform our legal system.

The President Proposed The American Competitiveness Initiative (ACI) To Encourage Innovation Throughout The Economy. The ACI will increase Federal investment in critical research, provide children with a strong math and science foundation, and ensure the Nation continues to lead the world in innovation.

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