Obama: Progress in U.S. Economy Has Been Hard But Steady

The video discusses the significant economic recovery in the United States, highlighting the transition from massive layoffs to substantial job creation. It provides statistics on the reduction of the unemployment rate and the increase in job openings, emphasizing the longest stretch of private sector job creation in history. The US has outperformed other advanced economies in job growth, attributed to the resilience of the American people and sound administrative decisions. The overall message is that the economy is stronger now than when the current administration took office.

What was the unemployment rate in 2009 compared to today?

• 12% in 2009 and 7% today

• 9% in 2009 and 6.5% today

• 8% in 2009 and 5% today

• 10% in 2009 and 6.1% today

How many new jobs have been created over the past four and a half years?

• 10 million

• 20 million

• 15 million

• 5 million

What is significant about the current number of job openings in the U.S.?

• It is the highest since 2001

• It is the highest since 1990

• It is the lowest since 2001

• It is the same as in 2001

Which countries has the U.S. surpassed in terms of putting people back to work?

• Only Europe

• Only Japan

• Europe, Japan, and other advanced economies

• Only other advanced economies

What factors are credited for the economic progress mentioned in the final section?

• Only the resilience of the American people

• Only sound decisions by the administration

• Both the resilience of the American people and sound decisions by the administration

• Neither the resilience of the American people nor sound decisions by the administration