Obama not ready to say recession is over, says jobs picture could worsen in coming monthsSeptember 20th, 2009 Obama not yet prepared to declare recession overWASHINGTON — President Barack Obama isn't ready to close the book on the recession. Only last week Federal Reserve Chairman Ben Bernanke said the worst recession since the 1930s was probably over.
Ted Kennedy Jr. tells '60 Minutes' father kept bulletproof vests, family worried about safetySeptember 11th, 2009 Kennedy's son says family worried about his safetyBOSTON — A son of Sen. Edward Kennedy says he and his siblings grew up anxious about their father's safety and worried he'd meet the same fate as his slain brothers.
Damon Weaver, Florida's boy journalist, finally gets long-sought Obama interviewAugust 14th, 2009 Young Fla. journalist interviews President ObamaWASHINGTON — A South Florida boy who became an Internet sensation during the 2008 presidential campaign has finally landed a coveted interview with President Barack Obama. In an interview posted on YouTube late Thursday, 11-year-old Damon Weaver asks Obama about education funding, how parents can improve their children's education, and if the president could make school lunches better.
First lady Michelle Obama thanks military families in Virginia and calls for public supportJuly 31st, 2009 Michelle Obama meets with families at Va Navy baseNORFOLK, Va. — First lady Michelle Obama is calling military families "quiet heroes" and urging the public to support them.
EU says 1 in 3 European workers worried about job loss in economic downturnJuly 24th, 2009 A third of Europeans fear job lossBRUSSELS — A third of European workers are "very concerned" that they could lose their jobs as the economy experiences the worst recession since the Second World War, according to a European Commission survey published Friday. Some 32 percent of people with jobs said they feared losing work.
Obama says policies have created jobs, but hiring will be slow in recoveryJuly 23rd, 2009 Obama: Hiring will be among last things to improveWASHINGTON — President Barack Obama says economic steps by his administration have saved jobs and created new ones. But he says new hiring is among the last things to improve during an economic recovery.
June's US unemployment data 'sobering': ObamaJuly 3rd, 2009 WASHINGTON - The US economy shed a surprising 467,000 jobs in June and the jobless rate climbed to 9.5 percent, in what President Barack Obama called a "sobering" sign that the country's deep recession is far from over. The Labour Department's report sent US stocks plummeting more than 2 percent.
President Obama says he remains concerned about job losses, says more work needed on economyJuly 2nd, 2009 Obama: More work needed to create new jobsWASHINGTON — President Barack Obama says he's still "deeply concerned" about the continuing loss of jobs across the country. He said that developing both a short-term and longer-term solution to America's economic woes is "one of the things that I'm most focused on."
Obama also told The Associated Press in an interview Thursday he feels his administration has stabilized the housing and financial markets, while he acknowledged that more work needs to be done in the area of job creation.
US layoffs still too high, too many families worried, Obama says in AP interviewJuly 2nd, 2009 Too many jobs lost, Obama says in AP interviewWASHINGTON — With joblessness rising, President Barack Obama said Thursday he was "deeply concerned" about unemployment and conceded that too many families are worried about "whether they will be next" to suffer economically. In a White House interview with The Associated Press, Obama said that since he took office, "we have successfully stabilized the financial markets," and "started to see some stabilization on housing."
"But what we are still seeing is too many jobs lost," said Obama, commenting after new government figures showed the unemployment rate had risen to 9.5 percent last month.
Obama promises more than 600,000 stimulus jobs; Cabinet questions spending and job creationJune 8th, 2009 Obama promises more than 600,000 stimulus jobsWASHINGTON — President Barack Obama says the United States remains in a deep recession that will take considerable time to escape. Obama met at the White House with his top administration officials on Monday to hear an update on his $787 billion spending plan.
Canada sheds 42,000 jobs in May, pushing unemployment rate to 8.4 percentJune 5th, 2009 Canada sheds 42,000 jobs in MayTORONTO — Canada lost 42,000 jobs in May as the unemployment rate jumped to the highest level in 11 years. Canada's unemployment rate rose to 8.4 percent in May from eight percent the previous month.
Obama: Without stimulus package, economy would have gone into tailspinMay 14th, 2009 Obama defends his stimulus packageRIO RANCHO, N.M. — President Barack Obama says if the government hadn't stepped in to help, the economy would have gone into a tailspin.
Obama promises unrelenting effort to fix economy but warns 'more will be lost'April 30th, 2009 Obama say tough economy means 'more will be lost'WASHINGTON — President Barack Obama is warning that "more will be lost" during a recession that has already cost millions of Americans their homes and their jobs. Marking 100 days in office, Obama was holding a prime-time news conference on Wednesday.
10 mn jobs lost in India, UPA not doing enough: BuddhadebMarch 28th, 2009 KOLKATA - Claiming that nearly 10 million jobs have been lost in the country due to the global slowdown, West Bengal Chief Minister Buddhadeb Bhattacharjee has flayed the Congress-led United Progressive Alliance (UPA) government for neglecting the interests of the common man in its response to the economic crisis. 'The centre's policy is not enough for the common people.
Return of outsourced jobs not good for US: ObamaMarch 27th, 2009 WASHINGTON - In the midst of its worst recession in decades, President Barack Obama says it would be better to create new jobs that can't be outsourced instead of bringing back such low paying jobs from other countries. 'Not all of these jobs are going to come back,' he told a questioner during an 'Online Townhall' from the White House who asked when would jobs outsourced to other countries come back and be made available to the unemployed workers in the US.