The discouraging new unemployment numbers present President Barack Obama with a sobering reminder that an uneven recovery from the recession can be a fragile argument for his re-election. It's all deepening his anxiety over the political and economic threat posed by the European debt crisis.
President Barack Obama says the May jobs report shows that the economy is not creating jobs "as fast as we want" but vows that the economy will improve.
The Obama administration is looking for states that will experiment with unemployment insurance programs by letting people test a job while still receiving benefits.
President Barack Obama on Wednesday proposed a lower corporate tax rate and an end to dozens of loopholes he said helps companies move jobs and profits overseas. "It's not right and it needs to change," he said.
President Barack Obama called on Congress Monday to create an $8 billion fund to train community college students for high-growth industries, part of his broader pitch to make higher education more affordable for all Americans.
Seeking cooperation in a polarized climate, President Barack Obama on Tuesday urged Congress to act quickly on bipartisan measures that would extend tax breaks for small businesses and help startup companies raise money. He said he would sign the legislation "right away."
President Barack Obama says he wants Congress to act quickly on bipartisan legislation that would extend tax breaks for small business and to help startup businesses raise money. He says he would sign the legislation "right away."
President Barack Obama said Friday the U.S. economy is growing "way too slow" but that leaders at a world summit have made progress at getting their countries on firmer footing.
President Barack Obama is directing the Food and Drug Administration to take steps to reduce drug shortages, an escalating problem that has endangered patients and raised the possibility of price gouging.
President Barack Obama has scaled back his ambitions from major initiatives like universal health care, to smaller-bore programs he can do on his own or that are uncontroversial enough for Republicans to go along. Think patent reform, reducing health regulations, or helping with student loans.