07 Jan '12, 11am

Obama vows to do 'whatever it takes' to grow economy

WASHINGTON: US President Barack Obama promised Saturday to do "whatever it takes" to maintain growth in the US economy as he announced a summit with business leaders dedicated to job creation at home. "This year, I'm going to keep doing whatever it takes to move this economy forward and to make sure that middle class families regain the security they've lost over the past decade," Obama said in his weekly radio and Internet address. "That's my New Year's resolution to all of you," he added. The comments came after new government statistics showed US unemployment had fallen for the fourth straight month in December and jobs creation picked up. In its keenly awaited monthly jobs report Friday, the Labor Department said the unemployment rate slipped to 8.5 per cent as 200,000 jobs were added last month. The jobless rate is the lowest since February 2009, the month after Presi...

Full article: http://www.channelnewsasia.com/stories/afp_world_business...

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