Obama Allowing Immelt-Led Advisory Council on Jobs to Expire
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President Barack Obama won’t renew the charter of an advisory council on jobs that he formed two years ago with General Electric Co. Chief Executive Officer Jeffrey Immelt as its chairman.
The 27-member President’s Council on Jobs and Competitiveness was part of the administration’s business outreach at a time when the country was dealing with the longest stretch of unemployment rates above 9 percent since monthly records began in 1948.