President Obama’s announcement came with unemployment at a 26-year high of 10.2 percent despite the president’s repeated touting of all the administration’s efforts to create jobs. President Obama’s announcement Thursday of a December jobs summit aimed …
Read Original Story: Obama's Planned Jobs Summit Faces Harsh Stimulus Reality – FOXNews
This Thursday President Obama announced plans to hold a jobs summit in December, in direct response to an unemployment rate at 10.2% (this non-government estimate puts real unemployment around 22%) , which shows no signs of decreasing anytime soon. …
Read Original Story: President Obama to hold jobs summit in December – Gather.com
As he prepares to depart on a week long 4-country excursion to Asia, President Obama will make remarks this morning in which he will address the nation’s 10.2% unemployment rate and call for a White House summit on job creation to be held in December, …
Read Original Story: POTUS to announce WH Job Creation Summit in December – ABC News
In a Washington Examiner column, former Speaker of the House Newt Gingrich (R-GA) claimed that President Obama and Congress "don’t seem to realize that adopting bad policies kills jobs" and that "[w]e now have proof that the Obama administration’s …
Read Original Story: Gingrich's attack on the "Obama administration's job-killing policies" falls flat – Media Matters for America
By marketwatch A few weeks ago, the idea that Washington would try to do more to create jobs was absurd. But after the unemployment rate hit 10.2% in October, the idea doesn’t seem so crazy. "Last week’s employment report seems to have changed …
Read Original Story: Washington testing the waters for more stimulus – MarketWatch
Convening business, nonprofit and labor leaders at the White House for a jobs creation forum in December should provide some good ideas to ensure our so-called “jobless recovery” becomes a job-abundant one. The key will be for the Obama administration …
Read Original Story: Editorial: Jobs forum positive step – The News-Press
It’s not uncommon before presidents go on long trips abroad to try and signal that they haven’t forgotten problems at home. So it’s no coincidence that the White House announced a jobs summit on the eve of the president’s trip to Asia, even before the …
Read Original Story: Can Obama Whack Unemployment And The Deficit? – Atlantic Online (blog)
“Last month, more than 190000 Americans lost their jobs. As the nation enters the holiday season, more than 2.8 million people now find themselves out of work since the stimulus bill was signed into law by the President. …
Read Original Story: Rep. Lummis comments on 10.2% unemployment rate – Little Chicago Review
Get ready for Stimulus 2.0 — Extreme Jobs Edition. Yes, the US labor market is slowly healing. The declining number of monthly job losses and weekly initial unemployment claims show that. Yet President Obama still felt the need to announce a ‘jobs …
Read Original Story: Sinking Dem polls force Stimulus 2.0 – Reuters Blogs (blog)
President Obama’s upcoming forum on jobs and economic growth is the subject of speculation. The White House says the forum, which is to be held next month at the White House and …
Read Original Story: Scheduled Summit Stimulates Second-Stimulus Speculation – ProPublica