Obama: Economy still headed right direction
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President Barack Obama on Friday cast the state of the economy in upbeat terms, declaring that it was headed in the right direction even as employers slashed jobs last month for the first time in half a year. The unemployment rate dropped to 9.5 percent.
"To every American who is looking for work, I promise you we're going to keep on doing everything that we can," Obama said. "I will do everything in my power to help our economy create jobs and opportunities for all people." (AP)
