CCTV.com - CNTV English - CCTV News

Obama says more job growth needed

08-06-2011 10:44 BJT

Watch Video

Play Video

US President Barack Obama has hailed the newly released job report as a positive signal for the country's economic growth, but he has also noted the improvement is not enough. He says more jobs will have to be created to improve the unemployment situation in the country.

Barack Obama, US President, said, "While this marks the 17th month in a row of job growth in the private sector, nearly 2.5 million private sector jobs in all. We have to create more jobs than that each month to make up for the more than 8 million jobs that the recession claimed. We need to create a self-sustaining cycle where people are spending and companies are hiring and our economy is growing."

In his speech to American veterans, Obama said his top priority is to jumpstart the nation's job creation and economic growth.Obama pledged that he will ask lawmakers to move quickly on job-creating steps such as extending a payroll tax cut, when the Congress returns to work in September.He assured the Americans that things will get better in the world's largest economy, and called on different sectors to join efforts to create more jobs for the unemployed Americans.

Editor:Zhang Pengfei |Source: CNTV.CN

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program