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Employment News
President Obama has compiled a group known as the Council on Jobs and Competitiveness. Since creating this group the main goal has been to “to provide non-partisan advice to the president on continuing to strengthen the nation’s economy and ensure the competitiveness of the United States and on ways to create jobs, opportunity, and prosperity for the American people.”
However, the majority of the companies on this list have actually lost jobs. There is no secret key to creating jobs but that does not mean it should not happen. Although government groups have been trying to create a solution to the job growth issues, there has not been a successful solution.
The president’s council has not been all that successful in creating new jobs and that is disheartening. While not all of the council members work with companies that are cutting jobs, at least ten of them do. An exception to this occurance is John Doerr.
“John Doerr, venture capitalist of Kleiner Perkins Caufield & Byers in Menlo Park, Calif., could also potentially get high marks. When asked how many jobs the company’s funds may have created, a spokeswoman said the VC-firm has invested in more than 50 companies since January 2009.”
Several huge companies have actually added to the job pool which is an amazing feat.
“Here are the net jobs added from around January 2009 by the 10 largest companies — by sales — represented by executives on the jobs council, compiled by S&P Capital IQ.”
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