Sun, Dec 06, 2009 page11

• Obama offers US reassurance on jobs

  BETTER NEWS Job losses in the US have been the worst since the 1930s, but new statistics out on Friday showed a relatively moderate loss of 11,000 jobs last month

  • AP
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  US President Barack Obama yesterday sought to reassure Americans frustrated by high unemployment that he’s concentrating on providing more jobs, while defending his administration’s efforts to strengthen the economy on several fronts at once.

  “In the coming days, I’ll be unveiling additional ideas aimed at accelerating job growth and hiring as we emerge from this economic storm,” Obama said in his weekly radio and Internet address. “And so that we don’t face another crisis like this again, I’m determined to meet our responsibility to do what we know will strengthen our economy in the long run.”

  Obama said he has no intention of backing off his administration’s efforts to overhaul health care, improve education, invest in a clean energy economy and deal with mounting federal debts.

  

  US President Barack Obama speaks to job-seekers at the Pennsylvania CareerLink of Lehigh Valley in Allentown, Pennsylvania, on Friday.

  PHOTO: AFP

  But he acknowledged the pain felt by millions of the unemployed.

  Job losses in the US have been the worst since the 1930s, but new statistics out on Friday showed a relatively moderate loss of 11,000 jobs last month.

  The unemployment rate dipped from 10.2 percent in October to 10 percent last month.

  Obama has faced criticism for tackling various problems simultaneously while the unemployment rate has been growing for months. He said the economy is turning around, even if slowly.

  Americans “are in a very different place than we were when 2009 began,” Obama said.

  He cited economic recovery efforts as part of the reason “we’re no longer facing the potential collapse of our financial system or a second Great Depression. We’re no longer losing jobs at a rate of 700,000 a month. And our economy’s growing for the first time in a year.”

  “But for those who were laid off last month and the millions of Americans who have lost their jobs in this recession, a good trend isn’t good enough,” he said.

  In a speech on Tuesday, Obama plans to send Congress an initial list of ideas he supports for a jobs bill that could include new hiring incentives for business, home weatherization projects and the construction of roads and bridges.

  Rising anger over joblessness threatens the president’s agenda.

  Obama held a jobs forum at the White House on Thursday, made a trip on Friday to visit business owners, workers and the unemployed in Allentown, Pennsylvania, and set the jobs-bill speech for next week.

  The president must connect with voters to enhance the chances of his legislative efforts and for Democrats in next year’s mid-term elections and his own in 2012.

  “The folks who have been looking for work without any luck for months and, in some cases, years, can’t wait any longer,” Obama said.

  “For them, I’m determined to do everything I can to accelerate our progress so we’re actually adding jobs again,” he said.

  While pledging to work hard on creating more jobs, Obama said he plans to continue his efforts to deal with the country’s pressing long-term problems.

  “I didn’t run for president to pass emergency recovery programs or to bail out banks or to shore up auto companies,” he said. “I didn’t run for president simply to manage the crisis of the moment while kicking our most pressing problems down the road.”
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