Obama 'Can't Wait' To Help Youth Find Summer Jobs

President Obama plans to unveil a summer-jobs initiative Thursday to help create more employment opportunities for youth in the face of congressional inaction on the president's signature job-creation legislation.

In a statement, the White House says that the federal government is working with the private sector to create nearly 180,000 jobs for low-income youth next summer. The administration seeks to boost that number to 250,000 by June. About 70,000 of the jobs are paid positions.