Newspaper article The Evening Standard (London, England)

Obama Adds an Extra 500,000 Jobs to Stop Economy from 'Tanking'; (1) Eyes Down: Obama Shows His Left-Handed Swing (2) Ace of Clubs: Barack Obama Playing Golf at Kailua, Hawaii, Where He Is Taking a Christmas Holiday with His Family

Newspaper article The Evening Standard (London, England)

Obama Adds an Extra 500,000 Jobs to Stop Economy from 'Tanking'; (1) Eyes Down: Obama Shows His Left-Handed Swing (2) Ace of Clubs: Barack Obama Playing Golf at Kailua, Hawaii, Where He Is Taking a Christmas Holiday with His Family

Article excerpt

Byline: PAUL THOMPSON

BARACK OBAMA has increased his target of creating jobs to three million as he prepares to take over the worst American economy since the Second World War.

He said it was the only way to stop the country sliding into an even worse position.

Mr Obama said last month that he planned to create 2.5 million jobs in two years as he asked Congress to authorise an $850 billion rescue package. But after a meeting with his team of economic advisers, that figure has been upgraded by half a million.

He has yet to reveal how the jobs will be created, apart from announcing plans to re-build roads, bridges and other parts of the infrastructure.

Joe Biden, his vice-president, acknowledged yesterday that Mr Obama's top priority was to stop job losses and admitted the president-elect faced a monumental task next month.

"We've got to begin to stem this bleeding here, and begin to stop the loss of jobs, and (start) the creation of jobs," Mr Biden said in his first interview since the election. …

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