Job Creation, State Of The Union | featured news

President Obama focused about 80% of his State of the Union Address on the economy, offering proposals designed to create jobs, make the United ...

Wall Street executives welcomed U.S. President Barack Obama's plan to create jobs and a softening of his attack on banks, but questioned on Thursday whether proposals in his State of the Union address would become law.

President Obama goes before Congress for his first State of the Union address Wednesday night to show he can boost the economy and create jobs this year while cutting the budget deficit in 2011.

President Obama is cautioning job creation could move slowly as the nation recovers from an economic recession. He told CNN's "State of the Union" signs point to recovery, although creation of enough new jobs could be delayed until next year.