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Obama: Too many jobs lost

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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." (AP)

 

 

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