Obama Urges Action on Jobs, Europe

The president spoke after several days of difficult turns for his re-election prospects, including last Friday's report that the unemployment rate had risen slightly to 8.2 percent in May as job creation had slowed

The economy at risk, President Barack Obama accused Republicans on Friday of pursuing policies that would weaken the U.S. recovery and simultaneously urged European leaders to prevent a looming overseas debt crisis from dragging down the rest of the world.

In a brief White House news conference, Obama urged passage of legislation that he says would create jobs -- proposals that Republicans have long blocked.

Read more here at MSNBC. 

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