Job Creation Continues - More Than 7.5 Million Jobs Created Since August 2003
Today, The Bureau Of Labor Statistics Released New Jobs Figures – 97,000 Jobs Created In February. Since August 2003, more than 7.5 million jobs have been created, with 2 million jobs created over the last 12 months. Our economy has now added jobs for 42 straight months, and the unemployment rate remains low at 4.5 percent.
More American Workers Are Finding Jobs And Taking Home More Pay
Real Wages Rose 2.2 Percent Over The Past 12 Months Ending In January. This is substantially faster than the average rate of the late 1990s economy, and it means an extra $1,279 in the past year for the typical family with two wage earners.
Real After-Tax Income Per Person Has Risen By 10 Percent – More Than $2,900 – Since President Bush Took Office.
The Economy Has Now Experienced Over Five Years Of Uninterrupted Growth, Averaging 3.0 Percent A Year Since 2001.
http://www.whitehouse.gov/infocus/economy/
2007-03-10
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