The president as Chief manager of Economy is expected to help unemployment rates also, low income families, and high prices/taxes. The president as Chief manager of economy, while he does not have control of the economy he is expected to help it run smoothly and help the country steer away from any recession or depression.
Here Obama is meeting with GE representatives in order to promote more jobs and help economic growth.
The president as chief manager of economy is important because it is the only way that the economy is going to be taken care of. His keeping an eye on these numbers will let him know exactly what his country needs and how he can provide it to them. The unemployment rate has been steadily growing and because of this it lets the president know that he needs more jobs brought intro the country instead of being shipped out.