Financial Times FT.com

Obama weighs job creation options

By Edward Luce in Washington

Published: October 6 2009 19:00 | Last updated: October 6 2009 19:00

The White House said on Tuesday that it was weighing dozens of policy options to create new jobs and ease the burden on America’s 15.1m jobless but it ruled out talk of a second stimulus to further boost the US economy.

Most economists believe the US is moving out of recession. But unemployment is expected to hit double digits within the next few months and remain at that level throughout much of 2010.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this