Obama Shuts Down Jobs Council
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President Barack Obama will let his jobs council expire this week without renewing its charter, winding down one source of input from the business community even as unemployment remains stubbornly high
... Adding to the concern about the job market's continued vulnerability, the Commerce Department said Wednesday that the U.S. economy shrank at an annual rate of 0.1 percent from October through December of last year, the first quarterly drop since 2009...
Obama met with the council only a handful of times. During the last meeting, in February 2012, the president and the council highlighted an engineering education initiative alongside school deans...
The council's dissolution also comes as White House aides are optimistic about the prospects for a second-term detente with the business community, which bristled during Obama's first term at his harsh depiction of "fat-cat bankers" and his efforts to impose regulations, tax policies and spending initiatives they argued were unfriendly to business...
http://www.usnews.com/news/politics/articles/2013/01/31/obamas-jobs-council-shutting-down-thursday
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