Obama Kicks Off Jobs Initiative

President Obama on Saturday kicked off an initiative to encourage American businesses to bring jobs back to the U.S. instead of outsourcing them overseas. In his weekly radio and video address, Obama said he would be holding an event Wednesday to be called “Insourcing American Jobs”—more than a dozen companies are expected to attend. The loss of American jobs due to cheap labor in countries like India and China has been an ongoing concern to American workers—especially in the Midwest. Obama’s Republican rivals have hammered the president over the economy, although Friday's jobs report showed unemployment at its lowest levels in nearly three years.