“I want to be clear, that probably the jobs picture is not going to improve considerably, and it could even get a little bit worse, over the next couple of months,” he said in an interview taped Friday with CNN’s “State of the Union.”
“And we’re probably not going to start seeing enough job creation to deal with the, a rising population, until some time next year,” Obama said, adding that 150,000 additional jobs must be added each month just to keep pace with population growth.
Federal Reserve Chairman Ben Bernanke said on September 15 that the worst U.S. recession since the Great Depression of the 1930s was probably over but the recovery would be slow and it would take time to create new jobs.