“I am concerned about the fact that the recovery that we’re on is not producing jobs as quickly as I want it to happen,” Obama said at an appearance with visiting German Chancellor Angela Merkel. “We don’t yet know whether this is a one-month episode or a longer trend.”

Source: Department of Labor unemployment rate data and Obama Administration January 2009 projections (in “The Job Impact of the American Recovery and Reinvestment Act”) 

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