Q: News out this morning: unemployment rate up to 9.5 percent, and it's of course expected to go higher, as you've said that it probably would. What do you tell Americans who are worried that this really will be a jobless recovery, that they may not be able to find jobs, even if the economy gets better?
Obama: Well, obviously we are deeply concerned about the employment rate. It's one of the things that I am most focused on when I think about long-term economic policy. We have successfully stabilized the financial markets, and that's important, because that was a huge drag that helped precipitate the crisis. We've started to see some stabilization on housing. But what we're still seeing is too many jobs lost, too many families who are worried about whether they're going to be next in terms of job loss ...
Thursday, July 2, 2009
Filling Gaps in the White House Website, Part 9
Interview with Associated Press:
