Buoyed by wage-gains and record low unemployment, President Barack Obama underscored on Friday that his administration's efforts have helped usher in an economic recovery, NBC News reported.
"We should be proud of the progress we have made," Obama told reporters during an appearance at the White House press briefing. "We have recovered from the worst economic crisis since the 1930s."
U.S. employers added 151,000 jobs in January, a deceleration from recent months as companies shed education, transportation and temporary workers but hired others in manufacturing, retail and food services. The unemployment rate dipped to 4.9 percent, its lowest level since early 2008.
