Obama: U.S. Businesses Created 10.6M New Jobs

The video discusses the transition from significant job losses in the US to a period of record job creation, with over 10.6 million new jobs and 56 months of uninterrupted growth. It highlights the best economic growth in a decade and a drop in unemployment below 6% for the first time in six years. The US has outpaced Europe, Japan, and other advanced economies in job creation. The focus is on restructuring the economy for sustained long-term growth.

What was the monthly job loss rate in America before the recovery?

• 200,000 jobs per month

• 800,000 jobs per month

• 1 million jobs per month

• 500,000 jobs per month

How many new jobs were created during the 56 months of uninterrupted job growth?

• 12 million

• 8.6 million

• 5 million

• 10.6 million

What was the unemployment rate in the U.S. for the first time in six years?

• 7%

• 6%

• 5%

• 8%

Which regions did the U.S. surpass in job recovery over the last six years?

• Australia and Canada

• China and India

• Europe and Japan

• South America and Africa

What is the focus of the U.S. economy for future stability?

• Immediate job creation

• Reducing taxes

• Sustained long-term growth

• Short-term gains