White House Preps Jobs Summit

Last week's sobering announcement that the unemployment rate had hit 10.2 percent in October has spurred Obama to action. Before heading to Asia Thursday morning, Obama announced that he will hold a jobs summit at the White House in December. A senior aide said, "We're shaking every tree to get every good idea." Double-digit unemployment does not a happy electorate make, and Democratic officials are evidently worried that if the situation doesn't improve by next summer, the party will face an uphill battle in November's midterm elections.