Saturday, April 4, 2009

OBAMA: LATEST JOBLESS REPORT


US President Barack Obama is under a huge challenge,facing the highest rate of unemployment which is about 5 million in total (under his term), since 1983, said the US Labor Department.

BADEN-BADEN, Germany (AP) -- President Barack Obama says a new report on unemployment in the United States is a "stark reminder" of the global challenges created by the economic crisis.
Obama spoke about the U.S. jobless picture from Baden-Baden, Germany, where he met Friday with German Chancellor Angela Merkel before a NATO conference in the German resort town.
Speaking about the sliding economy and the loss of jobs in the U.S., Obama said no nation can isolate itself from the global market. He said that without concerted and united global action, there will be "collective failure."
view the "American Jobs: On The Frontline".

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