Obama talks with top advisers ahead of jobs speech

EDGARTOWN, Massachusetts Thu Aug 25, 2011 1:20pm EDT

President Obama leaves his compound on his way to play golf on Martha's Vineyard in Massachusetts, August 24, 2011. REUTERS/Kevin Lamarque

President Obama leaves his compound on his way to play golf on Martha's Vineyard in Massachusetts, August 24, 2011.

Credit: Reuters/Kevin Lamarque

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EDGARTOWN, Massachusetts (Reuters) - President Barack Obama held a conference call on Thursday with top advisers to discuss the economy and progress on a plan he will announce next month to lift U.S. hiring and growth, the White House said.

Obama, vacationing on this upscale island off the coast from Boston, spoke with Treasury Secretary Timothy Geithner, chief of staff William Daley, White House budget chief Jack Lew, and National Economic Council director Gene Sperling.

They discussed the "progress being made on the new jobs proposals and deficit reduction measures" being worked on for a major Obama jobs speech after the September 5 U.S. Labor Day holiday, the White House said.

The president has said the speech will lay out a detailed package of steps that he wants Congress to take to help bring unemployment down from current levels pinned above 9 percent.

Obama's hopes for winning re-election next year hinge largely on his success in persuading Americans that his economic policies are working. But he must get any measures through a divided Congress, in which Republicans control the U.S. House of Representatives and his fellow Democrats control the Senate.

(Reporting by Alister Bull and Laura MacInnis, editing by Vicki Allen)