Obama to unveil new economic ideas

President Obama said he planned to release a "package of ideas" next week to address the economy, the same day the latest jobs report showed the private sector added 67,000 jobs in August and unemployment rose to 9.6%.

President Obama said he planned to release a "package of ideas" next week to address the economy, the same day the latest jobs report showed the private sector added 67,000 jobs in August and unemployment rose to 9.6%.

Many say jobs will be the central issue in the upcoming midterm elections. The administration is considering tax breaks, including a permanent extension of the R&D tax, and a small business bill to promote economic growth and job creation.

But Richard Trumka, president of the AFL-CIO, said during an event on Thursday that President Obama had not "effectively communicated" his message about job creation.

Would you like to post a comment?

Please Sign in or register.

News by email...