President Obama Cautious On When Strong Job-Creation Returns

President Obama Cautious On When Strong Job-Creation Returns

President Barack Obama says job-creation in America is difficult in a time of economic hardship and that the work of the future should be in more high-paying, high-skill areas like clean energy technology.

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WASHINGTON (AP) - President Barack Obama says job-creation in America is difficult in a time of economic hardship and that the work of the future should be in more high-paying, high-skill areas like clean energy technology.

Obama was asked at his virtual town hall meeting Thursday when people can expect a return of jobs that have been outsourced to other nations. He said the United States has suffered a “massive loss of jobs” because of the deep recession and the turmoil in the financial industry.

Obama also said many of the lost jobs in recent years involve work that was done by people getting very low wages and those with limited work skills. He said it will take some time, perhaps through the rest of the year, before vigorous hiring resumes, and that might not happen until businesses see vidence the economy is rebounding.

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