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Good afternoon,
These have been very tough years for our country. Millions of our family members, friends and neighbors have lost their jobs in the great recession. Plummeting home values closed out what had already been a lost decade of stagnant wages and rising costs.
But today we got an encouraging sign of better times ahead. We learned that the economy is now actually producing a substantial number of jobs instead of losing them -- there were 162,000 new jobs created in March, the most positive jobs report we have had in three years.
One community where we've seen these glimmers of hope is Charlotte, North Carolina, where the President spoke today. An advanced battery company, one of those industries at the forefront of the emerging clean energy economy, has also been at the forefront of our recovery in no small thanks to a boost from the Recovery Act. We had a chance to check it out a few days before the President headed down. Watch a quick video to get a sense of what hope looks like for our economy:
 Pulling America back from what many experts warned could be another Great Depression and putting us on a course towards new jobs and new industries has been the President's top priority since Day 1. That's why he made signing the Recovery Act his first task when he came into office. Two million more Americans are on the job today because of the Recovery Act, and we have broken the back of the worst recession in a generation.
We are gratified for that. But we are not satisfied. Not by a long shot.
We know we have a lot of work in front of us to repair the damage and rebuild our economy. We also know that there will be some additional bumps in the road ahead.
But today's news is a positive sign post along that road.
And I want you to know that the President and all of us in the Administration will continue to work day and night to pursue a recovery that strengthens the middle class and reaches all our communities and lays a lasting foundation for a better future.
Sincerely,
David Axelrod
Senior Advisor to the President
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