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Old 11-12-2009, 08:50 AM
Franc Tireur Franc Tireur is offline
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Obama to hold jobs forum in December

The President announces White House will convene a meeting of business leaders, economists and labor representatives to brainstorm about job creation.

President Obama, facing a 10.2% unemployment rate, said Thursday he would hold a jobs forum at the White House in December.

He noted the encouraging signs of economic growth and a slowing of the loss of jobs in recent months, but said employers are still reluctant to hire and millions are desperate to find work.

"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," the President said in a statement delivered at the White House.

"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.

Those invited to the forum will include CEOs, small business owners, economists, financial experts, and representatives from labor and non-profits.

http://money.cnn.com/2009/11/12/news...nomy/index.htm

Thumb up, it is about time getting to the fundamental, and it is never late to do good things to help employments creations.
 
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Old 11-12-2009, 09:05 AM
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Zap Zap is offline
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"We all know that there are limits to what government can and should do, even during such difficult times."

Too bad this wasn't his motto during economic rape and bailout time.
 
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Old 11-12-2009, 09:38 AM
Franc Tireur Franc Tireur is offline
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That's correct, the government has limits to what government can and should do, but the government can create mecanisms to help private sector to create jobs.

In my opinion that's a good idea to encourage a meeting with all the main job market actors. Drafting the schema of possibilities to help the job market and workers that suffer too much.

It could be:
- Tax reduction for employers if unemployed worker are hired

- Participation of the governement about 15% of worker salary to help the private company if unemployed are hired (small companies)

- Participation of the government to pay full salary for 3 months if the companies train the unemployed workers

I mean there are many ideas we can put on the table that can be realistic than paying unemployment benefits to people for many months when we all know that employers or companies do not or cannot hire.
 
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