President Barack Obama says the economy is looking up as a new Labor Department report shows U.S. businesses added 257,000 jobs. Rough Cut (no reporter narration).
ROUGH CUT (NO REPORTER NARRATION) U.S. President Barack Obama was in Indianapolis, Indiana, on Friday (February 6), where he celebrated new figures that show solid U.S. job growth, with wages rebounding strongly in January. The U.S. Labor Department said nonfarm payrolls increased by 257,000 last month, beating economists' expectations for a rise of 234,000 jobs according to a Reuters poll. Data for November and December was revised to show a whopping 147,000 more jobs created than previously reported. "This morning we found out that America's business added another 267,000 jobs. In 2014, our economy created more than 3.1 million jobs, and that's the best year of job growth since the 1990s," Obama told a crowd at Ivy Tech Community College, adding that there was more good news. "A lot of families are saving a lot of money at the gas pump, which is putting some smiles on folks' faces. You're welcome," he said to laughter from the crowd.