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October 19, 2004
js-2040 MEDIA ADVISORY: Secretary Snow to Visit Florida This Week to Discuss U.S. Economy
Treasury Secretary John W. Snow will visit Tampa, Florida on Wednesday, October 20 and Orlando, Florida on Thursday, October 21 to meet with local business leaders to discuss the President's efforts to strengthen the economy and create jobs.
"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. "Florida has gained nearly 100,000 new jobs this year, and the President's tax reform policies have ensured that more than 6.1 million Florida taxpayers will have lower income tax bills in 2004."
During this trip to Florida, Secretary Snow also will discuss the Administration's efforts to control health care costs, reduce frivolous lawsuits and ensure that America has 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:
Wednesday, October 20
Visit to ProStart program classroom at Wharton High School
11:30 a.m. EDT
Wharton High School
12050 Bruce B. Downs Blvd.
Tampa, FL
** Media should arrive by 11:00 a.m.
** The National Restaurant Association Educational Foundation's ProStart program is designed to encourage high school students to consider careers in the restaurant and foodservice industry.
** There will be a brief media availability immediately following the event
Thursday, October 21
Financial Forum with Local Business Owners and
Representatives of Local Universities and Financial Institutions
1:30 p.m. EDT
Banco Popular
8523 Commodity Circle, Suite 100
Orlando, FL
** Media should arrive by 1:00 p.m.
** There will be a brief media availability immediately following the event
Speech to the Florida Bankers Association
6:30 p.m. EDT
JW Marriott Hotel Grand Lakes
Mediterranean Ballroom, Salon Room 4
4040 Central Florida Parkway
Orlando, FL
** Media should arrive by 6:00 p.m.
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