WASHINGTON — U.S. President Barack Obama said Friday that the country’s high unemployment was beginning to turn the corner on as the newly released labor report showed ” encouraging” data. A woman looks for job information at the job search central of New York Public Library in New York, the US, April 2, 2010. According to the Labor Department as reported last Friday, United States unemployment rate remained unchanged at 9.7 percent in March as nonfarm payroll employment increased by 162,000, indicating a positive sign of economic recovery, Obama said that “I have often had to report bad news during the course of this year,” on his remarks in the economy at a factory in North Carolina. “Today is an encouraging day. We learned that the economy actually produced a substantial number of jobs instead of losing a substantial number of jobs. “We are beginning to turn the corner … the worst of the storm is over.” > > Read More Obama Says U.S. Unemployment On Turning Corner is a post from: Daily World Buzz
Continued here:
Obama Says U.S. Unemployment On Turning Corner
