"Today's job report is a sobering reminder that progress comes in fits and starts -- and that we're going to need to grind out this recovery step by step," he said.
Obama also reiterated his warning that jobs are often the last aspect of the economy to recover from a recession.
"That's what history shows us. But our task is to do everything we can possibly do to accelerate that process," he said. "And I want to let every single American know that I will not let up until those who are seeking work can find work; until businesses that are seeking credit are able to get credit and thrive; until all responsible homeowners can stay in their homes."Working with his economic advisors, Obama said he was considering "any and all additional options" the government could explore to promote jobs, even beyond the $787 billion economic stimulus and recovery bill enacted earlier this year.
"Whenever I see statistics like the one we saw today, my mind turns to the people behind them -- honest, decent Americans who want nothing more than the opportunity to contribute to their country and help build a better future for themselves and their families," he said. "Building a 21st century economy that offers this opportunity -- an economy where folks can receive the skills and education they need to compete for the jobs of the future -- will not happen overnight."
He added, "But we will build it. Of that I am both confident and determined."
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