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Barack Obama: More must be done to lower unemployment

Other News Materials 6 August 2011 00:05 (UTC +04:00)
President Barack Obama welcomed a dip in the US unemployment rate in July but said more must be done to create jobs and reemploy those who lost their jobs during the recession, DPA reported.
Barack Obama: More must be done to lower unemployment

President Barack Obama welcomed a dip in the US unemployment rate in July but said more must be done to create jobs and reemploy those who lost their jobs during the recession, DPA reported.

Speaking to veterans at the Navy Yard in Washington, Obama said that although the number of private sector jobs has grown for the past 17 months, more jobs must be created to make up for the 8 million jobs lost during the recession.

"My singular focus is the American people and getting the unemployed back on the job," Obama said.

Unemployment in the United States dipped slightly in July to 9.1 per cent, from 9.2 per cent the month before, amid better-than-expected jobs growth figures released Friday.

He noted the challenges faced by the US economy, including disruptions to oil and gas supplies because of the Arab Spring, supply disruptions caused by the Japanese tsunami and economic uncertainty in Europe.

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