Jobs Take Center Stage

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Wednesday, August 31, 2011 - 8:51am

President Obama and Republican candidates set to pitch competing employment plans.

President Obama is giving a speech today to pressure Congress into backing the jobs plan he'll roll out next week, while his Republican rivals are out on the campaign trail touting their own ideas.

Republican presidential candidate Jon Huntsman will unveil his jobs plan today.

"We're going to talk specifically about tax reform and what this nation needs to do to get back in the game," he says.

He's competing against Rick Perry, who as governor of Texas, has the nation's number one record creating jobs.

The president's jobs plan is expected to pitch infrastructure projects, extending small business tax breaks and the payroll tax cut, plus some new ideas he hopes will create up to a million jobs.

"The single most important thing we can do is just have the economy strong so that employers aren't as choosy because they've got to hire because their businesses are expanding," he says.

The August jobs report comes out Friday.

Analysts aren't optimistic.

"There is some speculation out there, some anticipation that we could see a negative number when it comes to jobs," warns CNBC's Steve Liesman.

With unemployment at 9.1 percent millions of American's aren't too optimistic either.
 

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