Dec 5, 10:50 AM EST

Obama: Job growth means 'real progress' in economy

Politics Video

Buy AP Photo Reprints
Latest News
Obama on Hanukkah says small acts can make miracles

Obama says people should 'go to the movies'

List of 20 convicts granted Clemency by Obama

Obama commutes sentences for 8 drug inmates under new policy

Obama offers support after Pakistan terror attack

Multimedia
A district summary of the Beige Book
Measuring economic stress by county nationwide
Mall malaise: shoppers browse, but don't buy
Unemployment by the numbers
Family struggles with father's unemployment
Saying an affordable goodbye
Hard times hit small car dealer
Latest Economic News
Russians flock to stores to pre-empt price rises

UK unemployment rate at 6-year low of 6 percent

EU promises Greece 'lighter surveillance'

German investor confidence spikes higher

China raises estimate of size of economy

Study: Hotter days in US mean less cold cash

Bank of Japan business survey shows tepid outlook

Egypt stock market loses $3B amid oil plunge

Higher prices, shortages create pressure for IS

Holiday shopping boosts US retail sales

Interactives
Greece's Debt Threatens to Spread
State budget
gaps map
Auto industry problems trickle down, punish Tennessee county
Women give old Derby hats a makeover in tough economy
S.C. town deals with highest unemployment in South
How mortgages were bundled and sold as securities
Tracking the $700 billion financial bailout
Tracking the year's job losses
State-by-state foreclosures since 2007
Credit crisis explained
Presidents and their economic legacies
Lexicon of the financial crisis
Americans' addiction to debt
Interactive
Obama's 2011 State of the Union Address
Obama's 2010 State of the Union Address
Panorama of the State of the Union Address

WASHINGTON (AP) -- President Barack Obama says the November jobs numbers show the American economy is "making real progress."

The government reported Friday that employers added 321,000 jobs in November. Obama spoke before nominating Ashton Carter as his new Defense secretary.

Obama says the pace can continue if Congress keeps government open, avoids self-inflicted wounds and invests in programs that support faster job growth and high-paying jobs.

The president says Congress can help with trade, infrastructure, streamlining the tax code and raising the minimum wage.

Obama says companies that are seeing the highest profits in 60 years should make sure "that their workers are sharing in that growth."

He says, "then we can get a virtuous cycle that is really going to make a difference."

© 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use.

Latest News
Advertisement