Obama appeals to public, private companies to reduce unemployment

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(NNPA)—President Barack Obama is appealing to employers nationwide to help put thousands of jobless people back to work.

Obama, who has vowed to support strategies that help low- and middle-income families rebound amidst a recovering economy, specifically reached out Friday to more than 300 of the nation’s largest public and private companies in announcing a $150 million grant competition through the Department of Labor to place long-term unemployed citizens in vacant positions.

“While the economy is getting stronger and businesses like yours have created eight million jobs over the past four years, and with the unemployment rate lower than it’s been in over five years, we all know we’ve still got a lot more to do to build an economy where everybody is willing to work hard and take responsibility to get ahead,” Obama said during a Jan. 31 assembly of corporate officials at the White House.

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