Obama: More job losses to come
Despite signs of economic uptick, president warns labor market will remain weak in the coming months.
I have been saying this for quite some time. Take this as your wake up call because when our president goes on the record with these statments, he is telling us that we better be worried without panicking the people.
"We anticipate that we're going to continue to see some job losses in the weeks and months to come," the president said during a meeting with several of his top economic advisers. - CNNMoney.com
Nov. 2 (Bloomberg) -- John Doerr, a partner at Kleiner Perkins Caufield & Byers, talks with Bloomberg's Erik Schatzker and Francine Lacqua about today's meeting of U.S. President Barack Obama's Economic Recovery Advisory Board. Doerr also comments on next month's United Nations climate-change summit in Copenhagen. (Source: Bloomberg)