SCHENECTADY, N.Y., Jan. 21 (UPI) -- General Electrics Chief Executive Officer Jeff Immelt will head the new Council on Jobs and Competitiveness, U.S. President Obama said Friday.
After spending two years pulling the economy "back from the brink," the task now is to put "our economy into overdrive," Obama said during a tour of GE's first plant in Schenectady, N.Y.