Obama: Economy Still Facing 'Headwinds' In Recovery
TOLEDO, Ohio (AP) — President Barack Obama says the U.S. economy is still facing challenges and it is going to take more time to mend the wounds inflicted by the recession.
Obama spoke at a Chrysler plant in Ohio against the backdrop of a dismal jobs report released Friday that shows the unemployment rate ticked up to 9.1 percent. Obama did not specifically mention the new numbers during his remarks.
The president did say that the economy is still facing "headwinds," including high gas prices, economic disruptions following the Japanese earthquake and tsunami, and instability in the Middle East.
The new economic numbers show that employers in May added the fewest jobs in eight months.