The US president says the political instability in Ireland cannot be allowed to disrupt the efforts to create more jobs.
Barack Obama was speaking after a one-on-one meeting with acting Taoiseach Enda Kenny at the White House this afternoon.
The two leaders discussed trade, immigration, the upcoming referendum on Britain's membership of the EU, and the Northern Irish peace process in their meeting.
Speaking as he marked the final St Patrick's Day of his tenure in office, President Obama said the work to help create more jobs must continue:
Earlier, Mr Kenny said he was confident that a new government can be formed, stating that "we will be able to put together a stable government that will last the time and do the business in the interest of the country".
The caretaker Taoiseach has also met with Vice President Biden as part of his trip to Washington. The shamrock presentation ceremony will take place later today.
Mr Kenny has cut short his St Patrick's Day visit to the US as Fine Gael continues its attempts to patch together a new coalition.
Foreign Affairs Minister Charlie Flanagan is replacing him for the second day of events tomorrow.
