jobs – News Stories About jobs - Page 19

speech preview

Dec 8, 2009 8:53 AM CST

Obama to Tackle Jobs, Deficit

Pols split on how to use bailout bucks for recovery

(Newser) - President Obama will today outline a new push to tackle the country's surging unemployment and mounting deficit. The speech, at the Brookings Institution, comes as legislators are locked in a debate over how, exactly, to use surplus TARP funds to boost a tepid recovery. Republicans oppose dipping into the surplus,...

'Formidable Headwinds' Hinder Recovery: Bernanke

Dec 7, 2009 4:30 PM CST

'Formidable Headwinds' Hinder Recovery: Bernanke

Weak credit and labor markets mean recovery will be slow: Fed chair

(Newser) - Ben Bernanke painted a stark picture of the economy today, warning that "formidable headwinds" are working against the incipient recovery. Despite an unexpectedly positive jobs report, the pace of expansion is likely to remain "moderate," the Fed chair said. “Despite the general improvement in financial conditions,...

Dow Seesaws
on Jobs, Dollar,
Then Closes Up 22

MARKETS

Dec 4, 2009 3:16 PM CST

Dow Seesaws on Jobs, Dollar, Then Closes Up 22

Jobs rally undercut by, dollar boom, sinking commodities

(Newser) - Stocks posted modest gains today after a morning rally off an unexpectedly strong jobs report. The surge lost steam when a rise in the dollar sapped commodity stocks, the Wall Street Journal reports.

The Dow rose 22.75 points to close at 10,388.90.
The Nasdaq added 21.21,

...

Obama Rejects Criticism
of Black Caucus

Dec 3, 2009 3:38 PM CST

Obama Rejects Criticism of Black Caucus

It's a 'mistake' to focus on 'particular ethnic segments,' he says

(Newser) - President Obama says he understands the frustrations of the Congressional Black Caucus, but thinks it would be a "mistake" for him to focus too exclusively on the plight of black Americans in the recession. "The most important thing I can do for the African-American community is the same...

Obama Summit Tackles Jobs

Dec 3, 2009 7:34 AM CST

Obama Summit Tackles Jobs

Event will coincide with the release of November unemployment stats

(Newser) - The Obama administration will hold a much-hyped jobs summit today, bringing 130 guests—including labor leaders and a host of big-name CEOs—to brainstorm ideas for tackling unemployment. The event also just happens to coincide with the release of November’s unemployment figures, which aren’t expected to be pretty—...

Employers Offer
More OT, Fewer New Jobs

green shoots

Nov 27, 2009 1:33 PM CST

Employers Offer More OT, Fewer New Jobs

Brightening economy results in more overtime, fewer new jobs

(Newser) - Manufacturers skeptical about economic improvement are hedging their bets and forgoing hiring in favor of scheduling overtime work to fill welcome new orders. The tactic may be working for now—employees surely aren’t complaining—but the phenomenon is likely to be short-lived. “Overtime is more costly,” an...