Obama claims victory after employment rise

President Barack Obama has made a rare appearance in the White House briefing room after jobs data showed US unemployment at an eight-year low.

President Barack Obama.

President Barack Obama is talking up the US economy after unemployment hit an eight-year low. (AAP)

President Barack Obama says Americans should feel good about the economy after the latest jobs report showed the US unemployment rate at an eight-year low of 4.9 per cent.

Obama, in his eighth and final year in office, on Friday made a relatively rare and unexpected appearance in the White House briefing room to talk about how the economy had recovered under his watch.

"We have recovered from the worst economic crisis since the 1930s, the worst in my lifetime and the lifetime of most of the people in this room," Obama said, noting the unemployment rate was 10 per cent in 2009, when he took office.

"We've done it faster, stronger, better, more durably than just about any other advanced economy," Obama said.

Obama said "softness" in China, Europe and other economies presented challenges to US exporters and he said it was important for the United States to "keep our foot to the accelerator" to further strengthen the economy.

"We should feel good about the progress we've made, understanding that we have still got more work to do," he said, noting the budget he will propose to Congress on Tuesday will have ideas for job creation and retraining.

Obama slammed Republican candidates in the race to replace him in the November presidential election for "talking down" the economy.

"I know that's still inconvenient for Republican stump speeches as their doom-and-despair tour plays in New Hampshire," Obama said, referring to the primary election in the state on Tuesday.


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Source: AAP



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