The Senate is scheduled to vote on the president’s plan Tuesday evening, but it is not expected to win the 60 votes required to move forward.
Schumer said he believes public pressure will force some Republicans to eventually vote in favor of at least part of Obama's jobs proposal. He predicted that the jobs bill will gain support over the next few months.
The New York senator said assuming the bill doesn't pass tonight, it will be moved though Congress piece by piece going forward.
"Each of these pieces had broad support among the American people," said Schumer.
He cited infrastructure investment, the payroll tax cut and preventing teacher layoffs as potential points of agreement between Democrats and Republicans.
"As we draw the line on the specific issues I think you may find the coming together that we're not going to find on the vote today," he added.
For the latest on the Senate jobs bill vote, click here.