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Obama: Second half of the stimulus package will emerge

Source: Internet
Author: User
Keywords U.S. Congress unemployment
Tags address continued economic economic stimulus market online package recovery
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U.S. President Barack Obama said 11th that the $787 billion trillion economic stimulus package passed by Congress this February will take more time to fully show results.　　In his pre-recorded weekly radio and online address, Mr. Obama said the results of the economic stimulus package are expected to emerge gradually in the second half of the year as funds are in place.　　The US unemployment rate continued to climb in June and has risen to 9.5%, the highest in 26 years, according to the latest figures from the Labor Department. In this respect, Obama said, in any recession, the job market rebound is generally later than other economic improvements, and the stimulus package has saved a lot of jobs. He also appealed to the American people to remain patient.

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