Blog
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300 Companies Promise to Help Long-Term Jobless
President Obama says he has secured a pledge from more than 300 companies to rethink their hiring practices with the goal of helping the long-term unemployed. The president is meeting with top business leaders today at the White House, but he offered some details to CNN about the initiative last... Go to Source Author: John Johnson
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Jaws Drop Over December Jobs Report
A pretty dismal number on today's jobs report: Just 74,000 jobs were created in December, the smallest monthly increase in three years; economists had expected 200,000. And while the unemployment rate fell to 6.7% from 7.0%, it was "for all the wrong reasons," writes Steven Russolillo... Go to Source Author: Evann Gastaldo
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Jobless Bill Clears Key Senate Vote in Squeaker
A bill to revive extended unemployment benefits squeaked through its first procedural vote 60-37, a narrow win that outlets including Politico are characterizing as a surprise. Six moderate Republican senators voted with Democrats to renew the recently expired benefits: Kelly Ayotte, Susan Collins, Dan Coats, Dean Heller, Lisa Murkowski, and... Go to Source Author: Kevin Spak
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Dems Raising a Ruckus Over Jobless Benefits
President Obama plans to climb the bully pulpit this week and hammer Congress—but really, just congressional Republicans—for failing to extend long-term unemployment benefits. The White House has concocted a plan to keep the issue in the news on a daily basis, Politico reports. Tomorrow, Obama will invite a... Go to Source Author: Kevin Spak
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Unemployment Down to 7%
Today's jobs report beat expectations, with 203,000 new jobs added in November and the unemployment rate sliding to 7.0%. Economists had expected 180,000 new jobs and an unemployment rate of 7.2%, down from October's 7.3%, the Wall Street Journal reports. The unemployment rate is at... Go to Source Author: Evann Gastaldo
