In the long term, the solution to Germany's slow rate of job creation lies with labour-market reform.

ECONOMIST: European economies

Voters are still worried about the economy, with job-creation slow and the budget deficit ballooning.

ECONOMIST: With seven out of nine, Kerry marches on | The

The slow pace of job re-creation is primarily the result of consumers and companies trying to rebuild their finances.

ECONOMIST: The mid-terms

Many centrist Democrats in the House and Senate have objected, saying raising any taxes could harm job creation and slow economic recovery.

WSJ: More Democrats Urge Broad Tax Breaks

The recovery is weak, and job creation is slow.

CNN: Both parties abandon the jobless

Nonetheless, job creation remains slow.

FORBES: How Would a Payroll Tax Reduction Impact Your Business?

Now, I know -- and we all know -- that that rate of job growth is too slow to bring down the unemployment rate, and the continued weakness in the job creation remains a major challenge, one the President and the whole administration is committed to meeting, and a very difficult challenge.

WHITEHOUSE: VP Biden on Economic Expansion for the Middle Class

With the foreseeable path ahead still seemingly defined by slow growth, a much-desired virtuous cycle of stronger consumption, growth, and job creation remains elusive.

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