When President Obama took office in 2009, the American economy was shedding 800,000 jobs a month. That year, the unemployment rate would ultimately reach 10%, leaving millions of middle-class families struggling to find solid ground. There’s more work to do, but thanks to the grit and resilience of American workers and businesses -- and the President’s policies -- over the last six years, families are standing on a new, stronger economic foundation.
Today, President Obama will travel to Los Angeles County, California to designate the San Gabriel Mountains as America’s newest national monument, and a timeless piece of our national heritage. In many ways, this nation’s story is etched into its land, and as the President is recognizing today, each of our monuments provides us with an important cultural bridge between our past and our future.
President Barack Obama answers a question during a town hall at Cross Campus in Santa Monica, Calif.
October 9, 2014.
(Official White House Photo by Pete Souza)Read More
This week, U.S. Secretary of Commerce Penny Pritzker
participated in a panel discussion at the Fortune Most Powerful Women Summit, where
she discussed the economy and steps the U.S. government and private sector can
take to spur economic growth and job creation, building a bridge to the
This week, the President traveled to Indiana and to California, where he spoke on expanding economic opportunity for every American, addressed the ongoing Ebola outbreak in West Africa, and dedicated the American Veterans Disabled for Life Memorial.
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Ed. note: This post is part of the Spotlight on Commerce series
highlighting members of the Department of Commerce and their contributions to
an Economy Built to Last in honor of Hispanic Heritage MonthGuest blog post by Jose "Pepe" F. Burgos, Director U.S. Commercial Service-Puerto RicoMy name is Jose F. Burgos. My nickname is Pepe and I was
born in San Juan, Puerto Rico. My mother was from the town of Aguadilla in the
west part of the island, and my father was from Humacao on the opposite side of
Guest Blog Post by Kathryn Sullivan,
Ph.D.,Undersecretary of Commerce for Oceans and Atmosphere and NOAA AdministratorOur societal well-being is linked to a healthy, productive, and resilient
environment. However, many of our nation’s treasured landscapes
and iconic species are fundamentally changing due to the effects of a changing
We're really excited to announce that the White House joined Medium, a new, self-publishing platform that encourages people to share ideas and stories that matter. And today, ahead of his visit to a tech hub in Los Angeles, the President published his very first post. The post talks about the new American economy and the innovations that are driving it forward -- and, specifically, what that economy looks like for Millennials:
Today, the Council on Economic Advisers released a new report that looks at the so-called "Millennial" generation. And while you might think that this group of Americans -- mostly in their mid-20s -- is all about smartphones and mason jars, you'd be wrong.
Small business owners, on average, spend 33 hours seeking credit. Why so long? That’s valuable time during the startup phase! When it comes to choosing the right way to fund a particular...Read More