By JEFF ZELENY and DAVID M. HERSZENHORN

WASHINGTON - One day after the nation's unemployment rate was reported to be at a 16-year high, President-elect Barack Obama on Saturday again raised the estimate of how many jobs would result from his economic recovery plan, saying it would create or save three million to four million, nearly 90 percent of them in the private sector.

In his weekly radio and Internet address, Mr. Obama sought to inject a positive note into the economic outlook by releasing a report from his advisers that estimated the number of jobs that could be created with his plan by the end of 2010.

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Posted by boyang at January 10, 2009 5:41 PM