June 4, 2011
President Barack Obama on Friday told workers at a Chrysler plant in Toledo, Ohio, that the economy is on a bumpy “road to recovery,” hours after the release of a lackluster jobs report.
“This economy took a big hit,” Obama said. “Just like if you have a bad illness … it’s going to take a while for you to mend, and that’s what’s happening to our economy.”
Without mentioning the Labor Department’s May jobs report that showed the unemployment rate increasing from 9 percent to 9.1 percent, Obama said the economy has faced “headwinds” in recent months, including rising gas prices, the earthquake in Japan and instability in the Middle East.
This article was posted: Saturday, June 4, 2011 at 6:41 am