to discuss how we can put americans to work doing what they do best, building america. as i ve said many times before, it took us a long time to get out of where we are right now, and the damage left by this recession is so deep that it s going to take a long time to get out. it will take determination, per sis tense, and, most importantly, the will to act. all elements that the american people have in abundance and if we summon that spirit now, if we keep moving forward, i m absolutely convinced we will rebuild our economy. we will put our people back to work and we ll come through these tough days to brighter and better days ahead. i want to thank brendan not only for his hospitality here today but somebody who has got the courage and the foresight and the skills to create a terrific business that s supporting so many families. thank you very much.
heavy losses from the government, 159,000 jobs hall of that because of the census, and the other because of local government layoffs. 2010 was a tough, tough year for local governments. that s big. wall street is taking to heart the private sector job gains. 54,000 jobs aid s added. we have seen nine straight months of gains in the private sector, and the private sector is where we want to see these gains. it s a sign of confidence in investment in our economy, so that is seen as good news. carter evans breaking it down for us. appreciate it. with the unemployment rate now close to double digits, the economy shedding more jobs, it s hard too find any bright spots in a lot of these numbers. some businesses, however, they re hanging out help wanted signs.
down until the rain gets enough to thin it out it s also alkaline, the opposite of acidic. this will also peel your skin. if you ingest it, it will kill you. it will also get in your lungs and kill you. though this was a 64-acre site, a tenth of a square mile, there was so much sludge that came out, it s still getting right down into the river, and they have a mess. we appreciate that breakdown. it goes well beyond say there s sludge. chad, we appreciate it. if that stuff stayed in the pond, there was no threat, but now it s out of pond. thank you so much. we re going to take a look at some of the other stories that are making headlines. u.s. economy lost 95,000 jobs last month. private sector added 64,000
economy. that could be one thing that s affecting these numbers. another thing that is certainly affecting the number today is it a dow component alcoa. they reported earnings after the closing bell that were better than expected. that stock is up 6.25%. that is giving the dow a big boost, and another thing is that the value of the dollar is falling. that means that stocks are worth a little bit more. that s another factor in there for you. also, other big news just breaking now, on the foreclosure crisis that s ongoing that we ve been talking about, bank of america, t.j., now halting foreclosures in all 50 states because of the potential paper work errors. why did they go ahead and decide to expand. bank of america and jp morgan had halted in several states up to 20-plus, but now bank of america is saying, they re
entire economy, and over the past two careers, my administration has been doing everything we can to help encourage more success stories like this. because it is small businesses that will power our growth and put our people back to work. this morning, we learned that in the month of september our economy gained 64,000 jobs in the private sector. july and august, private sector job numbers were revised upwards. so we ve now seen nine straight months of private sector job growth. in all more than 850 now, private sector jobs gained this year, which is in sharp contrast to the almost 800,000 jobs that we were losing when i first took office. but that news is tempered by a net job loss in september which was fueled in large measure by the end of temporary census jobs and by layoffs in state and local governments. i should point out that these