When we scheduled this out here, we had a different forecast. But here we are, the hardy party.
Today marks the completion of two full years of economic reports in our administration.
This morning the Department of Labor reported that nearly six million jobs have come into our economy since I took office two years ago. 1994 was the best year for job growth in a decade. The unemployment rate has dropped 20 percent in the last two years, and the combined rates of unemployment and inflation are at a 25-year low. Ninety-three percent of this job growth has been in the private sector. The majority of these jobs have been created in higher- wage occupations.