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VOL. 126 | NO. 39 | Friday, February 25, 2011

Obama: Unemployment the Biggest Economic Challenge

AP

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WASHINGTON (AP) – President Barack Obama says the biggest challenge facing the U.S. economy is an unemployment rate that remains unacceptably high.

Obama told his newly created competitiveness council Thursday that its top priority must be creating jobs during a period of fiscal restraint.

Obama named business and labor leaders to the council, including GE Chairman Jeffrey Immelt and AFL-CIO President Richard Trumka. The council plans to deliver recommendations to the president within 90 days.

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 269 16,682
MORTGAGES 0 313 21,745
FORECLOSURE NOTICES 0 56 4,322
BUILDING PERMITS 0 209 39,587
BANKRUPTCIES 0 287 15,829
BUSINESS LICENSES 0 67 5,558
UTILITY CONNECTIONS 0 413 23,986
MARRIAGE LICENSES 0 94 5,129

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