(Archived Content)
JS-2006
Treasury Secretary John W. Snow will visitMansfield,LimaandAda,Ohioon Monday, October 11 andCleveland,Ohioon Tuesday, October 12 to meet with local business leaders and students to discuss the President’s efforts to strengthen the economy and create jobs. On Monday, he will be joined by U.S. Congressman Michael Oxley ofOhio.“As a result of the President’s economic leadership, we have overcome a recession and seen 13 straight months of job creation, totaling more than 1.9 million new U.S. jobs since August 2003,” said Secretary Snow, a native of Toledo, OH. “Ohiohas gained new jobs this year, and the President’s tax reform policies have ensured that more than 4.4 millionOhiotaxpayers will have lower income tax bills in 2004.“During this trip toOhio, Secretary Snow also will discuss the Administration’s efforts to control health care costs, reduce frivolous lawsuits and ensure thatAmericahas reliable and affordable sources of energy. “While the economy is on solid footing, we are not satisfied and there is still more work to be done. We need to continue to push for pro-growth policies that will create jobs and raise standards of living,” Secretary Snow said.Recent indicators show that President Bush’s economic policies continue to move the economy forward. According to the Labor Department, the national unemployment rate was 5.4% in September � down 0.9 percentage point from a peak of 6.3% in June 2003 and the lowest rate since October 2001. At 5.4%, the unemployment rate is below the average of the 1970s, 1980s, and 1990s. Employment over the last year was up in 47 of the 50 states and the unemployment rate was down in all regions and in 45 of the 50 states.
The following events are open to the media, which must present media credentials or photo ID:
** Monday, October 11 Mansfield-Richland Area Chamber of CommerceHoliday Inn116 Park Avenue WestMansfield, OH8:00 am EDT** Media should arrive by 7:30 am** There will be a brief media availability immediately following the event Lima Rotary Club luncheonLima Rotary ClubAllen County Veterans Memorial Civic and Convention Center7 East Town SquareLima, OH12:00 pm EDT** Media should arrive by 11:30 pm** There will be a brief media availability immediately following the event Remarks to Ohio Northern University Business StudentsJames F. Dicke HallOhio Northern UniversityAda, OH1:45 pm EDT** Media should arrive by 1:15 pm TUESDAY, OCTOBER 12Meeting with Representatives of the JumpStart ProgramCity Club of Cleveland850 Euclid AveCleveland OH12:00 pm EDT** Media should arrive by 11:30 am Tour of Cuyahoga Community College Corporate College25425 Center Ridge RoadWestlake, OH1:30 pm EDT ****** Media should arrive by 1:00 pm** There will be a brief media availability immediately following the event**