September 7, 2015 / 4:09 PM / 4 years ago

Obama: world economy is volatile right now, U.S. is bright spot

U.S. President Barack Obama speaks at the Greater Boston Labor Council Labor Day Breakfast in Boston, Massachusetts September 7, 2015. REUTERS/Kevin Lamarque

BOSTON (Reuters) - U.S. President Barack Obama said on Monday the world economy was volatile at the moment and the U.S. economy was a bright spot in the mix.

Speaking at a Labor Day event in Boston, Obama warned Republicans that shutting down the federal government over a budget dispute would have negative economic consequences.

Reporting by Jeff Mason; Editing by Frances Kerry

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