Obama: Urgent action needed to combat layoffs


Published: Friday, January 9, 2009 at 11:32 a.m.
Last Modified: Friday, January 9, 2009 at 11:32 a.m.

WASHINGTON President-elect Barack Obama called the latest U.S. job losses on Friday "a stark reminder of how urgently action is needed" to revive the nation's staggering economy. He said he was open to fresh ideas from Congress.

"Just show me. If you can show me that something is going to work, I will welcome it. If it works better than something I've proposed, I'll welcome it," Obama told a news conference.

He spoke shortly after the Labor Department reported job losses of 524,000 in December and a 7.2 percent unemployment rate, the highest in 16 years.

He said the jobs report made quick action by Congress even more imperative.

"What we can't do is drag this out when we just saw a half a million more job losses," Obama said.

He noted that jobs were lost in all 12 months of 2008, and he called it "the single worst year of job losses since World War II."

Reader comments posted to this article may be published in our print edition. All rights reserved. This copyrighted material may not be re-published without permission. Links are encouraged.

Comments are currently unavailable on this article

▲ Return to Top