Share

Obama: We're going to get through this

Washington - US President Barack Obama hailed a positive jobs report on Friday but said more job growth is needed and predicted the situation will improve over time.
 
Commenting on a Labor Department report that 154,000 jobs were created in July and the jobless rate ticked down slightly to 9.1%, Obama said, “We’ve got to do better than that.”
“We are going to get through this. Things will get better. and we’re going to get there together,” he said.

Obama, speaking to American veterans, said the US economy has faced a tumultuous year and noted markets around the globe have had a bumpy ride.
 
He cited divisive US debt talks, the Japan earthquake and tsunami, revolts in Arab countries and the European debt crisis as factors contributing to slack growth.
 
When the US Congress returns to work in September, Obama said he wants lawmakers to move quickly on job-creating steps such as extending a payroll tax cut.
 
To get job growth back on a solid footing “no doubt will take some time,” the president said.
We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.00
-0.5%
Rand - Pound
24.02
-0.5%
Rand - Euro
20.51
-0.2%
Rand - Aus dollar
12.35
-0.0%
Rand - Yen
0.13
-0.6%
Platinum
900.15
+0.4%
Palladium
1,000.00
-0.2%
Gold
2,210.45
+0.7%
Silver
24.60
-0.2%
Brent Crude
86.09
-0.2%
Top 40
68,142
+0.7%
All Share
74,329
+0.6%
Resource 10
56,957
+2.3%
Industrial 25
103,635
+0.4%
Financial 15
16,485
-0.2%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders