Economy Surges, Creates 12 Million Jobs Since Obama Took Office

This morning, the Bureau of Labor Statistics released its latest jobs report, revealing that the economy created 517,000 jobs in January. The news comes as a pleasant surprise to many economists and analysts who had predicted a much lower number. The good news doesn't stop there. It was also revealed that last year's job growth was better than previously thought. This means that since President Obama took office in 2009, the economy has created an impressive 12 million jobs – two of the strongest years of job growth in history. The report showed that unemployment is now at 4.9%, down from 10% when Obama first took office seven years ago. While this figure is still higher than it was before the Great Recession began in 2008, it's encouraging to see such steady improvement over time. Job gains were seen across multiple sectors of the economy including health care, retail trade and construction. Health care alone added 45,000 jobs while retail trade added 46,000 jobs and construction saw an increase of 39,000 positions last month alone. President Obama commented on these figures during his speech today saying “We’ve come too far to turn back now… We have to keep pushing forward and make sure everyone who wants a job can find one." He went on to say “I am confident that if we continue down this path we will be able to create even more opportunities for hardworking Americans all across our great nation." It's clear from these figures that President Obama has been successful in creating more jobs for Americans since he took office seven years ago – something he promised during his campaign back then. Now with only a few months left until he leaves office it looks like he'll be leaving behind an even stronger economy than when he arrived!