I don't think, there will be no significant improvement in "jobs", while the current Administration is in power -- because it sides with workers over the job-creators, do you?
http://www.noquarterusa.net/blog/24534/chrysler-bondholders-get-the-shaft-and-gm-bondholders-get-the-pole/
http://www.noquarterusa.net/blog/24534/chrysler-bondholders-get-the-shaft-and-gm-bondholders-get-the-pole/