November 12th, 2009
10:00 AM ET
5 years ago

Obama announces 'jobs forum'

A new poll shows bad news for Dodd.
A new poll shows bad news for Dodd.

Washington (CNN) – President Barack Obama announced Thursday that he will host a White House 'jobs forum' in December.

"Millions of Americans... are desperately searching for jobs," the president said in brief remarks at the White House, before leaving for an 8-day trip to Asia. The government has "an obligation to consider" every possible idea to generate new job growth, he said.

The forum will include representatives from business, organized labor, and academia, among other sectors, Obama added.

Unemployment has continued to climb in recent months, hitting a 26-year high of 10.2 percent in October.

Unemployment has continued to climb in recent months, hitting a 26-year high of 10.2 percent in October.

The number of Americans filing first-time claims for unemployment insurance, however, fell last week to their lowest level this year. There were 502,000 initial job claims filed in the week ending November 7, down from an upwardly revised 514,000 the previous week, the Labor Department said in a weekly report.

It was the fewest number since the week ending January 3, when 488,000 initial claims were filed.

Top Republicans have criticized the administration's $787 billion economic stimulus plan, arguing it has failed to spark a full economic recovery.

Only 47 percent of Americans approve of Obama's handling of the economy, according to the most recent CNN/Opinion Research Corporation poll. Sixty-four percent approved of Obama's handling of the economy in March.

The latest CNN/ORC poll was conducted between October 30 and November 1. It has a sampling error of 4.5 percentage points.

– CNN's Ed Henry, Ben Rooney, Paul Steinhauser, and Alan Silverleib contributed to this report


Filed under: President Obama
soundoff (84 Responses)
  1. Pee Wee

    He hasn't even hired enough people to fill the administration, and most of them are poor choices (if they're still around). Yet, he's going to "pull us back from the brink of the abyss" and "get this economy moving again" by having a forum?

    It's clear he's a nice guy and has what he thinks are good intentions for the country. But, clearer yet, is that he's in way over his head and has surrounded himself with amateurs. His closest advisors all have an activist background, he's a bit too chummy with Andy Stern and the legalized mafia known as SEIU.

    If he would moderate like Clinton learned to do, things may start looking up.

    November 12, 2009 11:29 am at 11:29 am |
  2. Linda from Minnesota

    All I can say is thank God John McCain was not elected. We have a thoughtful, intelligent president who is working hard for all Americans.

    November 12, 2009 11:29 am at 11:29 am |
  3. Retired US Army Officer-Kansas

    What is needed now to grow jobs is a concerted push to talk up the economy and the growth that is being seen. Dwelling on the negative will only slow the recovery. The actions the government have taken, have in fact worked as they have in the past, the big difference today is 7/24 news commentarys and trying to find something to talk about.

    November 12, 2009 11:31 am at 11:31 am |
  4. Me

    Millions of people are out of work and the President decides to fix it by....calling a meeting. I am sure that will help...

    November 12, 2009 11:34 am at 11:34 am |
  5. JR

    Why not inviting also regular people?
    -The ones who are really struggling during this recession, so they know a lot about that. Don't forget that there are so many college graduates among them with BS/BA, MS, and PhD of all kinds of fields.
    -The ones who have lost their purchasing power, which is the main cause of this recession.
    Those CEO's don't know anything about what regular people are going through, and most of them don't care or are part of the problem.
    They would come with misleading ideas like the one that said, you can just inform a debtor 45 days before, then you can increase his interest rate as much as you want to. Like saying, you can rob or kill some one, just inform him 45 days before.
    It is like inviting only people who are perfectly healthy to study about a specific disease.
    President Obama could also set a website forum where only constructive suggestions about our recession would be permitted.

    November 12, 2009 11:36 am at 11:36 am |
  6. Justaman

    Things are not going to get better until the leaders of our country stop blaming the previous administration and start taking responsibility for the recent bad decisions that have made folks hold back on their spending. No one wants to invest when the government is printing worthless money and wasting trillions on foolish entitlement programs.

    November 12, 2009 11:36 am at 11:36 am |
  7. Slider

    Mr. Obama, the American people are not desperately searching for jobs because there aren't many jobs for them to search for.

    Your policies are not good for business. Businesses are wary of the stuff you and your allies in Congress are going to foist on them, so businesses are only doing what they have to: pull back and wait for your storm to blow over.

    That means no jobs, sir. Especially since you are about to raise their cost of capital.

    The American people sent you to the White House and gave your party the control over both houses of Congress so that you could change Washington.

    They didn't put your party in power so that you could change them, or their way of life.

    November 12, 2009 11:37 am at 11:37 am |
  8. david baptiste

    top republicans should stop criticizing and try to help fix the problem.
    they criticize everything as if what going on is a joke. i think they have forgotten who they work for.

    November 12, 2009 11:38 am at 11:38 am |
  9. Buffalo Bill

    Any chance that one of those "ideas" our beloved and benevolent government has an OBLIGATION to consider, might be individual and corporate tax rate reductions? History shows they work EVERY time they are tried, resulting in job creation, AND an increase (yes increase!) of revenue to the Treasury. In the meantime, let's be ever so grateful that the stimulus has "saved" millions of jobs!

    November 12, 2009 11:39 am at 11:39 am |
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