President Barack Obama touts a Labor Department report that says U.S. nonfarm payrolls increased by nearly 260,000 in January, outstripping Wall Street forecasts. Rough Cut (no reporter narration).
ROUGH CUT (NO REPORTER NARRATION) STORY: President Barack Obama in his weekly address on Saturday (February 6) touted a Labor Department report released on Friday that said U.S. nonfarm payrolls increased by nearly 260,000 in January, outstripping Wall Street forecasts. "This week, we got news that confirms what we already know -- that our businesses continue to create jobs for hardworking folks all across the country," Obama said in a message recorded at Ivy Tech Community College in Indianapolis, where he said he had held a town hall. Obama said the U.S. economy created more than 3.1 million jobs in 2014, calling it "the best year for job growth since the late 1990s." On Monday, Obama released his budget proposal which he said was built on helping the middle-class. In his address, he said he will "work with anyone, Republican or Democrat" to "get to yes" on the budget.