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The White House announced Friday that its economic-growth numbers have improved significantly in the fourth quarter of the year, a sign that Obama has finally figured out how to make the economy more resilient to the effects of climate change.
The economy grew by 2.1 percent in the first three months of the new year, the most in seven quarters.
The unemployment rate dropped to 4.6 percent, its lowest level in seven years.
And a surge in home sales accelerated in March, the latest sign that the economy is rebounding from the Great Recession.
The White House said that jobs grew at a 1.9 percent annual pace in March.
That was faster than the 1.4 percent annual rate for the previous quarter.
In March, it was the second-fastest pace since 2008.
And the pace of job growth is much faster than that of inflation, which is running at 1.6%.
The jobless rate fell to 4 percent in March from 5.3 percent in February.
It was also at its lowest point in nearly seven years, when the jobless figure peaked at 4.3 million in January.
While the economy has improved, it is still not back to its prerecession level of job creation.
In its March jobs report, the White House pointed to an unexpected spike in temporary workers hired in March and the March hiring of more than 1 million Americans, a phenomenon it said is not unusual during an economic downturn.
“The recovery in jobs and wages is largely due to an increase in temporary employees, an increase that is still outpacing increases in employment,” the report said.
“These trends are expected to continue in coming months and years, even with the temporary increase in workers.
It was not clear how much of the temporary growth was attributable to the strong economic recovery and how much to the temporary changes that have occurred over the past year, such as a shift to more flexible work arrangements and more flexible hours.
At a meeting Friday, the president said the president’s plan to boost the number of Americans who are on the job training tracks is working.
He said that the unemployment rate has dropped to 5.9% from 5 percent.
President Obama speaks during a news conference on Friday in the East Room of the White White House.
The president also announced a new jobs plan that includes $2.6 trillion in spending over the next 10 years on infrastructure, education and other key programs, including $1.9 trillion for the Appalachian Regional Commission and $1 trillion for broadband and high-speed Internet.
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