President Clinton and Vice President Gore: More Than 17 Million New Jobs, Unemployment at a Generational Low

PRESIDENT CLINTON AND VICE PRESIDENT GORE:
MORE THAN 17 MILLION NEW JOBS,
UNEMPLOYMENT AT A GENERATIONAL LOW

December 4, 1998

America's Economy Remains Solid and Strong. In November, unemployment dropped to 4.4 percent, more than a quarter of a million new jobs were created and wages continued to grow at twice the rate of inflation. In 1992, the American economy was barely creating jobs, wages were stagnant, and the unemployment rate was 7.5 percent. Five years ago, President Clinton put in place a bold new three-part economic strategy of cutting the deficit to help reduce interest rates and spur business investment; investing in education, health care, science and technology so that America was prepared to meet the challenges of the 21st century; and opening markets abroad so that American workers would have a fair chance to compete and win across the globe. Since then:



What's New - December 1998

White House Conference on Social Security

New Housing Grants

Social Security and Y2K Event

Combat Medicare Fraud

Air Strike Against Iraq

Initiative To Help Prevent Violence

Opening Remarks, White House Conference

The Air Strikes Against Iraq

General Benjamin Davis

World AIDS Day Event

Statements

Eleanor Roosevelt Human Rights Awards

Congressional Meeting Statement

End of Operation Desert Fox

Rose Garden Statement

Safe Drinking Water

Service Event in Washington, D.C.

New Relief Aid For Central America

The Earned Income Tax Credit

Tenth Anniversary of Pan Am 103 Disaster

Palestinian National Council Address

Unemployment at a Generational Low

The People Of Israel Address

Submission By Counsel For President Clinton To The Committee On The Judiciary Of The United States House Of Representatives


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