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The NewsHour asked several experts, those attending and not attending Thursday’s summit, for their thoughts on the best approach to creating new jobs.
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Economists polled by Reuters expect nonfarm payrolls to show a gain of 160,000 jobs in February, which would leave employment growing at much the same pace as in recent months.
Without a meaningful acceleration in jobs growth, the unemployment rate will likely remain stuck at 7.9 percent in February.
While Wardwell, of Pioneer Investments, thinks the “Fed is pushing on a string,” he remains hopeful that the jobs market is gradually healing.

After two months of huge disappointment, the stronger-than-expected February jobs report now pretty much guarantees that the Federal Reserve will maintain the pace of tapering at its March 18-19 meeting. Employers added 175,000 jobs in February, the Labor Department said Friday, even as the inclement weather kept millions of Americans from getting to work.
Economists, on average, expect a loss of 7,000 government jobs in February, following a drop of 9,000 in January. Employers added 129,000 jobs in January, up from 113,000, and 84,000 jobs in December, up from 75,000.
They will debate their approaches to solving jobslessness, including a few that will encourage the administration to increase spending in the short term, either indirectly through tax cuts or directly through sponsored jobs programs, to bring the unemployment level down.

The labor market is back on track," said Phil Orlando, chief equity market strategist at Federated Investors Inc in New York.The April hiring snapback, however, was less impressive after a further downward revision of March's weak reading to 85,000.

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