article by:stacia_doss.Less than a week after the close of June, several reports reguarding unemployment had already surfaced. The country's rate is now at 9.5 percent, the highest in 26 years.
While the worry of several Americans has been expressed to news stations across the country, President Obama has expressed reassurance and optimism."I'm absolutely confident that we can, at this period of difficulty, prove, once again, what this nation can achieve when challenged," Obama said.
Since the president took office over five months ago, the economy has seen the same, steady increase in joblessness. As unemployment continues to hit homes across the nation, however, some Americans are remaining optimistic."I think that people will eventually be employed again, but in different areas of employment," said a higher education employee and Saint Louis resident, Valerie Johnson. "They should take this time to prepare for other fields."
After being elected, Obama stressed that short term losses would lead to long term gains in this economic downfall. He reiterated that promise in his meeting in the Rose Garden early last week. While optimism seems less than rare in households across the country, others, like Johnson, are confident in the words of the President. To sum up the goals of President Obama, Johnson continued, "The economy is slowly reshaping itself."
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