President Obama says he remains concerned about job losses, says more work needed on economy

Obama: More work needed to create new jobs

WASHINGTON — President Barack Obama says he’s still “deeply concerned” about the continuing loss of jobs across the country.

He said that developing both a short-term and longer-term solution to America’s economic woes is “one of the things that I’m most focused on.”

Obama also told The Associated Press in an interview Thursday he feels his administration has stabilized the housing and financial markets, while he acknowledged that more work needs to be done in the area of job creation.

The president said he understands that people are “worrying if they’re going to be next.” He commented just hours after the Labor Department reported that the unemployment rate rose to 9.5 percent last month.