Companies have been laying off because they don't have the resources to continue paying people so how is this 'jobs forum' going to help. If a business is not making a profit and they have huge taxes looming ahead from this Obama Administration, why would they want to hire more people.
With all the pre-Christmas sales around, doubt if this is going to be a huge Christmas buying spree. Never have seen such discounts as we are witnessing this far before Christmas.
Obama: Job creation not goal of Dec. 3 jobs forum Charleston (WV) Daily Mail
18 Nov 2009
Associated Press
BEIJING (AP) - President Barack Obama says creating jobs isn't the goal of a coming White House forum on jobs and economic growth.
The president told NBC News on Wednesday that the purpose of the Dec. 3 summit is to figure out how to encourage hiring by businesses still reluctant to do so.
The U.S. unemployment rate hit 10.2 percent last month, the highest in decades. Before departing on his trip through Asia, Obama said the high jobless rate is one of the biggest challenges for an economy that has begun to show signs of recovery.
Obama told NBC that the forum will give him and other administration officials a chance to talk to CEOs, small-business owners and other experts to find out what's going on.
Source: Dailymail.com
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