WASHINGTON (CNN) - President Barack Obama told Americans on Saturday that ending the economic crisis will not be "easy," but the nation will emerge "more prosperous" through swift and bold actions.
Speaking in his weekly radio and Internet address from the White House, Obama made the comments a day after the worst American unemployment figures were released in a quarter-century.
Watch: Obama's weekly address
"I knew that solving this crisis would not be easy, nor would it happen overnight," Obama said.
"And we will continue to face difficult days in the months ahead. But I also believe that we will get through this - that if we act swiftly and boldly and responsibly, the United States of America will emerge stronger and more prosperous than it was before."
On Friday, the government announced that the United States lost 651,000 jobs last month, bringing the total number of jobs lost since the start of the recession to 4.4 million.
The Labor Department also reported that the nation's unemployment rate soared to 8.1 percent in February, the highest level in a quarter century.
The president emphasized what his administration is doing to help get the nation out of the recession.
"My administration is committed to doing all that's necessary to address this crisis and lead us to a better day," Obama said in his address.
"That's why we're moving forward with an economic agenda that will jump-start job creation, restart lending, relieve responsible homeowners, and address the long-term economic challenges of our time: the cost of health care, our dependence on oil, and the state of our schools.
Obama ended his weekly address with a message of hope.
"We've experienced great trials before. And with every test, each generation has found the capacity to not only endure, but to prosper - to discover great opportunity in the midst of great crisis. That is what we can and must do today," said Obama.
"And I am absolutely confident that is what we will do. I'm confident that at this defining moment, we will prove ourselves worthy of the sacrifice of those who came before us, and the promise of those who will come after."