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What Happened to the President’s Jobs Council?

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  • Description

    FBN’s Gerri Willis on President’s Jobs Council not meeting in over a year.

  • Duration 2:12
  • Date

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Almost exactly a year ago today in this program in this segment.

We talked about the president hosting a white house of them eight aimed at showing viewers he's serious about tackling.

Unemployment she met with his jobs council remember that a combination of academics union -- and CEOs.

Back then unemployment was eight and a half percent today it's fallen to seven point 8%.

It's fallen yes but not far enough.

And I like to tell you that the jobs council is on the case trying to drive -- -- zero unemployment.

But but the truth is it hasn't met in a year.

The 26 member panel officially known as the president's council on jobs and competitive this.

Last convened on January 17 2012.

Their mission expires at the end of the month and -- Obama extends its ten year.

It's no surprise to group hasn't had that much traction.

It was led by GE CEO Jeff them out.

Now while M -- -- his admires the company had received loads of negative press for cutting jobs at home while hiring oversee its.

As reported in the year ago in just one decade under and melts tenure.

GE cut 34000 jobs in the US but added 25000.

Offshore overseas that's according to press reports.

Also on the list the American Express CEO the same month -- council was formed.

The credit card company announced plans to close a customer service center in North Carolina they cut 15100 jobs.

Internal tensions on the council led the group to not -- for months after a flurry of sessions last January.

It didn't meet again for six months.

CEOs and union leaders argued some corporate chiefs did you want to be seen with the present during the height of the campaign.

Unbelievable a jobs council that won't council.

But we -- with an effort to support the small business community in this country which employs 52% of all workers more than half.

Nine -- 9% of all independent enterprises employ fewer than 500 people.

You know getting -- list -- fortune 500 CEOs to fix an Asian nation's jobs problem.

Is a little like asking the Incredibles to fight real crime in the real world nice but not practical.

A lot --

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