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A new poll shows that US President Barack Obama's approval rating has hit a record low as there seems to be no end in sight to the economic crisis in the United States.

The poll, jointly conducted by Washington Post and ABC News, found that 53 percent of Americans disapprove of Obama's job performance and 77 percent think the country is on the wrong track.

The survey, which was published on Monday, also illustrated that 35 percent of Americans believe they have become worse off financially under Obama's presidency.

The poll also found that a majority of Americans were angry with Republicans and they had lost their confidence in the Republican-dominated US Congress.

About 68 percent of those polled disapprove of the job performance of the right-wing GOP lawmakers.

The economy, the creations of jobs and the country's budget deficit were among the biggest concerns for the respondents to the poll.

This comes as the US announced last week that August 2011 was the first month of zero job creation since 1945.

According to a US Labor Department report, nonfarm payroll employment was unchanged in August, and the unemployment rate was held at a steady 9.1 percent.

Some experts have said that with the current pace of job creation, the US will not be able to reach its pre-recession level of overall employment until 2017.

Obama is scheduled to deliver a major speech to the US Congress on Thursday regarding his administration's plans for creating jobs as well as stimulating economic growth.