But he said much more needs to be done and that he won't rest until "every American that is looking for a job can find one."
Obama said, "We have a steep mountain to climb and we started in a very deep valley."
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Obama: Gov't 'rescued our economy'
WASHINGTON - August 7, 2009 In an appearance on the White House Rose Garden, Obama applauded
a Labor Department report earlier Friday saying that the jobless
rate declined to 9.4 percent from 9.5 percent a month earlier.
