Obama hails jobless rate, says US is world's "strongest" economy

US President Barack Obama praises his economic policies as he touts data that shows the unemployment rate falling below 5 per cent for the first time in his administration.

"The United States of America right now has the strongest, most durable economy in the world," he tells reporters.

He calls the data "inconvenient" for Republican presidential candidates who have focused on economic "gloom and despair" as they seek their party's nomination ahead of November elections.

Last update: Tue, 28/06/2016 - 17:25
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