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Skriven 2006-11-03 23:44:54 av Whitehouse Press (1:3634/12.0)
Ärende: Press Release (061103) for Fri, 2006 Nov 3
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Fact Sheet: Job Creation Continues - More Than 6.8 Million Jobs Created
Since August 2003
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For Immediate Release
November 3, 2006

Fact Sheet: Job Creation Continues - More Than 6.8 Million Jobs Created
Since August 2003


˙˙˙˙˙ In Focus: Job _

Today, The Government Released New Jobs Figures  92,000 Jobs Created In
October. The unemployment rate decreased to 4.4 percent, the lowest rate
since May 2001. Payrolls have now increased 470,000 over the past 3 months
and more than 1.9 million over the past 12 months. Since August 2003, more
than 6.8 million jobs have been created - more jobs than all the other
major industrialized countries combined. Our economy has now added jobs for
38 straight months.

The American Economy Remains Strong And Continues To Grow
  ū Real Wages Grew 2.4 Percent Over The Past 12 Months. This means an
    extra $755 for the average full-time production worker or about $1,327
    for the typical family of four with two wage earners.
  ū Real After-Tax Income Per Person Has Risen By 9.8 Percent  $2,660 
    Since The President Took Office.
  ū Our Economy Has Grown A Solid 2.9 Percent Over The Past Four Quarters 
    Faster Than Any Other Major Industrialized Country.
  ū Productivity Has Grown At An Annual Rate Of 3 Percent Since The First
    Quarter Of 2001, Up From A 2.4 Percent Annual Rate During The Preceding
    Five Years.
  ū Gas Prices Have Fallen Almost 82 Cents A Gallon Since Early August.
  ū Employment Has Increased In All But One State Over The Past 12 Months
    Ending In September.

The Economic Outlook Remains Positive

The President's Tax Cuts Have Helped Our Economy Grow Faster Than Any Other
Major Developed Nation. President Bush worked with Congress to cut taxes
for everyone who pays income taxes, double the child tax credit, reduce the
marriage penalty, substantially cut taxes on small businesses, cut taxes on
capital gains and dividends to encourage investment and jobs, and put the
death tax on the road to extinction. To keep our economy growing, the
President and Republicans in Congress want to make these tax cuts
permanent, leaving more money in the hands of American workers, families,
and businesses.

Recent Paycheck Growth Increases Have Been Larger Than Those In The 1990s
Economic Expansion, Compared Either Over The Past Year Or For The Entire
Business Cycle. Real hourly wages for production and non-supervisory
workers have increased 2.4 percent in the past 12 months, and broader
measures, such as disposable income per capita and hourly compensation,
show even larger increases. Falling energy prices helped boost real wages
by 1.0 percent in September alone  the largest increase in more than 30
years.

The Deficit Has Been Cut In Half Three Years Ahead Of Schedule. A strong
economy has led to historic revenue growth. FY05 revenues were the largest
in history, and the FY06 budget deficit was $248 billion, down from an
original February projection of $423 billion and lower than 18 of the last
25 years as a percentage of our economy.

The President Has An Aggressive Agenda To Lower The Costs Of Health Care
And Energy

The President's Policies Are Helping Make Health Care More Affordable And
Accessible. The President worked with Congress to create the Medicare
Prescription Drug benefit and initiated reform that is speeding cheaper
generic drugs to market. The President has proposed expanding Health
Savings Accounts (HSAs) and creating Association Health Plans (AHPs) to
allow small businesses to band together to buy cheaper insurance.

The President Is Working To Break America's Addiction To Oil And Develop
New Sources Of Reliable, Domestic Energy. The President wants to fund new
technology to create new sources of fuel, build a reliable domestic supply
of alternative fuels, develop new domestic energy resources, and increase
conservation. The President is also encouraging the research and
development of clean-coal technologies and expanding the safe use of clean,
affordable nuclear power.

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