Feb. 1 - U.S. President Barack Obama returns to the theme of income inequality in his weekly address. Deborah Lutterbeck reports.
After his State of the Union address, President Barack Obama hit the road delivering a message on economic prospects in America. It's a theme he returns to in his weekly address. (SOUNDBITE) (English) U.S. PRESIDENT BARACK OBAMA SAYING: "After four years of economic growth with eight million new private sector jobs, our unemployment rate is the lowest it's been in more than five years. And with the economy speeding up, companies say they intend to hire more people this year." But he underscores not everyone is benefitting. (SOUNDBITE) (English) U.S. PRESIDENT BARACK OBAMA SAYING: "While those at the top are doing better than ever, average wages have barely budged. Inequality has deepened. Too many Americans are working harder and harder just to get by. And too many still aren't working at all." Obama is calling on CEO's to take on the long-term jobless. (SOUNDBITE) (English) U.S. PRESIDENT BARACK OBAMA, SAYING: "Our job is to reverse those trends. It's time to restore opportunity for all people - the idea that no matter who you are, if you work hard and live up to your responsibilities, you can make it if you try." Unemployment has remained stubbornly high at 6.7 percent, but White House officials say the rate would be closer to 5 percent were it not for the barriers to finding work for the long-term unemployed.