United States President Obama to hold job forum in the month of December

Posted by valencia on October 3rd, 2010 in America | Comments Off

United States President Obama, who is facing an approximate 10.2% unemployment rate in the country, on thursday the 12th of November said, that he would get a jobs forum started at the White House. He wants to start this in the month of December.

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President Obama further stated at the white house that,

“Even though we’ve slowed the loss of jobs — and today’s report on the continued decline in unemployment claims is a hopeful sign — the economic growth that we’ve seen has not yet led to the job growth that we desperately need,”

“We all know that there are limits to what government can and should do, even during such difficult times. But we have an obligation to consider every additional responsible step that we can to encourage and accelerate job creation in this country,” he added.

President Obama is looking on inviting CEOs, economists, small business owners, financial experts, and representatives from labor and non-profit organizers.

On the better side, the GDP grew at aorund 3.5% in the third quarter this year. But concerns are that growth may not be sustainable, saying that housing and jobs haven’t really showed any good signs of recovery.


 

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