Jobs

Remember Bill Clinton's pledge to host a "jobs summit" aimed at finding ways to spur Western job growth? The cool reaction of other Group of Seven leaders has kept the parley off the international meeting schedule. Treasury Secretary Lloyd M. Bentsen now says it's back on, although no date has been set. But Bentsen has added one important condition: Robert B. Reich and his fellow labor ministers won't be alone at the confab. Bentsen and G-7 finance chiefs want in to make sure that the laborites don't commit governments to new jobs programs they can't afford.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.