Oh whoops, I got that wrong. The unemployed are not invited, Paul Krugman is, and the beer is only a rumor.
and other companies
will seek ways to jumpstart job creation.
NEW YORK (CNNMoney.com) -- Executives from Google♥Obama
[profit margin: 21.73% ~ compare to Exxon at 7.93%] and Walt Disney [profit margin: 9.15 %] will join other company chiefs, academics, labor leaders and mayors at President Obama's jobs summit this week, the White House said Sunday.
Google CEO Eric Schmidt and Disney chief Bob Iger will be among about 130 people attending Thursday's meeting, according to a partial guestlist.
Other prominent CEOs slated to attend include Randall Stephenson of AT&T [profit margin: 9.67%], Brian Roberts of Comcast, James McNerney of Boeing [-0.07%], and Frederick Smith of [privately owned] FedEx.
They'll be joined by such experts as Paul Krugman, the Nobel Prize-winning economist and New York Times columnist, former Fed vice chairman Alan Blinder, United Steel Workers president Leo Gerard and San Antonio [unemployment rate 7.1% in Sept.] mayor Julian Castro.
Obama discussed the summit, aimed at helping solve an employment crisis that has cost the nation 7.3 million jobs since the start of 2008, during a cabinet meeting last week.
[Total jobs lost in 2008? 2.6 million, with 1.9 million of those in the final four months. Unemployment at the end of Dec. '08? 7.2 pct]
.... The summit will come on the eve of the government's November jobs report. Economists surveyed by Briefing.com expect a decline of 114,000 jobs, less than the 190,000 jobs lost in October.
The unemployment rate is expected to remain at a 26-year high of 10.2 pct.