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NewsJanuary 11, 2016

WASHINGTON -- President Barack Obama delivers his final State of the Union address Tuesday night to a nation whose economy is far sturdier than it was when he took office in 2009. Yet as 2016 begins, the stout job market is accompanied by tepid economic growth and stubbornly flat wages. More broadly, two things are on the rise: global temperatures and Americans' concerns about terrorism...

By ALAN FRAM ~ Associated Press
President Barack Obama waves before giving his 2015 State of the Union address before a joint session of Congress on Capitol Hill in Washington. Obama will deliver his final State of the Union address Tuesday. (Pablo Martinez Monsivais ~ Associated Press)
President Barack Obama waves before giving his 2015 State of the Union address before a joint session of Congress on Capitol Hill in Washington. Obama will deliver his final State of the Union address Tuesday. (Pablo Martinez Monsivais ~ Associated Press)

WASHINGTON -- President Barack Obama delivers his final State of the Union address Tuesday night to a nation whose economy is far sturdier than it was when he took office in 2009.

Yet as 2016 begins, the stout job market is accompanied by tepid economic growth and stubbornly flat wages. More broadly, two things are on the rise: global temperatures and Americans' concerns about terrorism.

A snapshot of the country:

The big picture

Friday's December jobs report capped a strong year in which employers added 2.65 million positions. That made 2015 the second-best year since 1999 for job gains, exceeded only in 2014.

For a third straight month, the unemployment rate was 5 percent. That's the lowest three-month dip in eight years and half the 10 percent joblessness registered in October 2009, as the country began climbing out of the recession.

But average hourly pay seems stuck, sliding one cent last month to $25.24. That left the growth of average pay at 2.5 percent last year, below the 3.5 percent economists consider healthy.

Consumer bonuses

Oil prices slumped to their lowest levels since 2004. That meant bargains at the pump, where last week's U.S. average for a gallon of regular gasoline was $2.03, according to the federal Energy Information Administration.

That was down slightly from a year earlier. A typical household saved $660 on its gasoline costs compared with 2014, the agency said.

Though the Federal Reserve raised a key interest rate for the first time in seven years, homebuyers' mortgage interest rates remained at a relatively low 3.97 percent last week. That's up slightly from a year earlier but well south of the historic 6 percent average.

Health care

The administration says with the sign-up deadline three weeks away, 11.3 million people have enrolled for 2016 coverage under Obama's 2010 health-care overhaul, similar to last year's enrollments.

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Though that law has helped decrease the number of uninsured people in the United States, progress may have paused.

The Gallup-Healthways Well-Being Index, an independent survey, reports 11.9 percent of adults remained without coverage as 2015 ended, about the same that began the year uninsured.

Secure or not?

There was a growing threat from the Islamic State group and escalating efforts by the U.S. to combat; Republicans say the Obama administration hasn't done enough.

The November killing of 130 people in Paris and last month's shooting in San Bernardino, California, by a radicalized Muslim couple helped fuel public worries.

Polls show growing concerns about terrorism and allowing Muslims to enter the U.S.

There were 9,800 U.S. troops in Afghanistan and 3,300 in Iraq as 2015 ended, amid continuing violence in both regions.

More guns

The FBI reported conducting more background checks on gun buyers in December than in any month since the system began in 1988. It processed over 3.3 million checks in December and 23.1 million in 2015, its busiest year ever.

That could be in reaction to San Bernardino and Paris.

Despite Obama's recent executive actions aimed at curbing gun violence, gun manufacturers' stocks have risen in value.

The heat is on

More than 200 nations reached agreement last month to try curbing global warming by restricting the use of fossil fuels, which emit heat-trapping gases. It was an Obama priority.

Yet the National Oceanic and Atmospheric Administration said last week that 2015 was the second warmest and third wettest year in 121 years of record-keeping for the lower 48 states, in part thanks to the El Nino natural warming of the Pacific Ocean that affects climate worldwide. NOAA expects figures later this month to show that last year was the hottest ever recorded globally.

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