10 TV: Calling the latest job losses astounding, President Barack Obama promised on Friday to get Americans back to work. Obama spoke at the graduation ceremony for 25 police recruits who owe their jobs to the $787 billion economic recovery bill he signed into law less than three weeks ago.
In a 12-minute speech, the president noted that 651,000 U.S. jobs were lost last month, bringing to "an astounding 4.4 million" the number lost in the current recession. The Columbus police recruits were about to join those ranks, he said, "a future that millions of Americans still face right now."
Obama noted the many critics of the package, but he said government leaders have a responsibility to act for future generations. The United States has met every challenge with bold action and big ideas, he said, and "that's what fueled a shared and lasting prosperity."
Meanwhile Friday, the Labor Department said it was making more than $3.5 billion available to states for education, training and re-employment services. The Columbus police recruits are part of a class of 27 who were laid off in January by Mayor Michael Coleman, a Democrat, before they could even start walking the beat. Coleman blamed city budget problems at the time.
But Coleman announced last week that the Justice Department had informed the city that it would get $1.25 million in stimulus money to pay the officers' salaries through the end of the year. Two of the recruits chose not to return. When he signed the bill on Feb. 17, Obama cited saving the Ohio police recruit class as one use for stimulus money.
Obama has been highlighting programs to be funded by the legislation, along with the jobs he says are being saved or created by those dollars. He has practically staked his presidency on his promise that the stimulus package will save or create 3.5 million jobs within the next two years.
The latest economic news was a fresh reminder for the Obama administration of the nation's grim financial outlook. The government said Friday the nation's unemployment rate jumped to 8.1 percent in February, the highest since late 1983. Over a three-month period, nearly 2 million jobs have been cut. The trip was Obama's first to Ohio as president. He won the state in the November election.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment