Dec 5, 10:50 AM EST

Obama lauds new jobs report, says it means economy 'making real progress'

Politics Video

Buy AP Photo Reprints
Latest News
In a post-election flurry, Obama testing his powers and setting an activist course

'Barack Obama, formerly of Somerville' among last callers to Massachusetts governor's show

Obama raises concerns over Egyptian crackdowns on dissent in call with el-Sissi

Obama signs bill to sanction Venezuelan officials for crackdown on anti-government protesters

Obama signs Russia sanctions bill but won't impose new penalties outlined in legislation

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
Herman Miller, Cheniere, AK Steel, Rite Aid and Marathon are big market movers

Russians flock to stores, snapping up consumer goods before prices rise due to sinking ruble

Britain's unemployment rate at 6-year-low of 6 percent, while wage growth outstrips inflation

EU promises Greece 'lighter surveillance' on eve of crucial vote

German investor confidence leaps higher as falling oil prices, weak euro fuel optimism

China raises estimate of 2013 economic output, possibly moving closer to overtaking US

When the heat is on, Americans' wallets grow thinner, new economics and climate study finds

Bank of Japan business survey shows sluggish outlook as recession dogs Abe after landslide win

Egypt's stock index loses $3B as oil price plunge hits regional markets

Higher prices and shortages create pressure in Islamic State group-held territory

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.