Obama looks for new ways to boost struggling job market
Recent indicators have shown an economy growing slower than forecasters expected. President Obama's political fortunes could hinge on whether the economy makes progress between now and the 2012 election.
President Obama says he's is considering new ways to grow US jobs, amid signs that America's economic recovery has weakened.
"On Monday, I’ll travel to North Carolina, where I’ll meet with my Jobs Council and talk about additional steps we can take to spur private sector hiring in the short-term and ensure our workers have the skills and training they need in this economy," Mr. Obama said in his weekly address to the nation Saturday.
The imperative is easy to understand. The nation's unemployment rate edged up to 9.1 percent in May, and Obama's own political fortunes could hinge on whether the economy makes progress between now and the 2012 election.