The release of a january jobs report prompted a victory lap by president obama today. Saying that americans are working, and the president said that the 5 Unemployment Rate is evidence of the economys strength. U. S. Businesses created 151,000 jobs last month, and that pushed the Unemployment Rate down to 5. 9 , the lowest that it has been since the president took office, and it was accompanied by a rise in wages, up half a percentage point. We are recovering from the worst economic crisis since the 1930s. The worst in my lifetime and most of the people in this room, and we have done it faster and stronger and more durbibly than just about any advanced economy. Mike, hang on, it was a good report, we can all agree, but it wasnt great, was it . It was a good report, i think thats the bottom line, tony, relative to what people were expecting. Perhaps lower than the 151,000 jobs created last month, lower than the end of the year, with robust growth of 200,000 jobs in each of the last thre
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