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The Jobs Challenge

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Job seekers attend a job fair in Livonia, Mich., Wednesday, Nov. 4, 2009. (AP)
Job seekers attend a job fair in Livonia, Mich., Wednesday, Nov. 4, 2009. (AP)

The recession is technically over, we’re told.
But unemployment is fierce and, so far, unmoving. 10.2 percent officially, and 17-plus percent if you add it all up.
That’s not just a measure of pain. Without more jobs, the whole economy could tumble again, bigtime.
This week, President Obama hosts a “jobs summit” at the White House. We’re getting a jump on that meeting today.
So far, it’s deficit hawks versus jobs action – with enormous political stakes, and personal stakes for the millions of Americans flat out of work.
This hour, On Point: America’s jobs challenge, and what to do about it.
You can join the conversation. Tell us what you think — here on this page, on Twitter, and on Facebook.Guests:

Betsy Stark, business correspondent for ABC News.

Mark Zandi, co-founder and chief economist of Moody’s Economy.com. He was economic adviser to John McCain’s 2008 presidential campaign.

Robert Kuttner, co-founder and co-editor of The American Prospect and a distinguished senior fellow at the think tank Demos. He's most recent books are "Obama’s Challenge: America’s Economic Crisis and the Power of a Transformative Presidency" and "The Squandering of America: How the Failure of Our Politics Undermines Our Prosperity."

This program aired on November 30, 2009.

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