Obama rolls out new jobs strategy 

President Obama rolled out a proposal on Monday to train 10,000 new engineers annually through a privately funded program.

"Today, with the leadership of the jobs council, we're announcing an all-hands-on-deck strategy to train 10,000 new American engineers every year," Obama said Monday during a trip to North Carolina, which has the 10th highest unemployment rate in the country. Obama was quick to point out that the plan would not cost taxpayers.

"And by the way, our jobs council... they're doing this not counting on a whole bunch of federal funding," he said. "Private-sector companies are teaming up to help us promote [science, technology, engineering and math] education."

Obama said a number of companies have agreed to offer students incentives to finish degrees in those subjects and to help universities finance the degree programs. Some companies also have agreed to double their summer internship hiring, he added.

"Today, the single most serious economic problem we face is getting people back to work," Obama said. "We stabilized the economy, we prevented a financial meltdown and an economy that was shrinking is now growing. We've added more than 2 million private-sector jobs over the last 15 months alone, but I'm still not satisfied. I will not be satisfied until everyone who wants a good job that offers some security has a good job that offers security."

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