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Barack Obama is confident the US economy will recover, despite new data showing unemployment at a 26-year-high
By Chris Hondros
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A job seeker sits near an employment bulletin board at the New York State Labor Department's Division of Employment Services in New York City. President Barack Obama said he was confident the US economy would recover, despite new data showing unemployment at a 26-year-high of 9.5 percent, which dampened hopes of a quick rebound.
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