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How to create millions of jobs

The White House estimates that the jobs bill could cost 100 billion dollars. Roughly that amount will create about a million jobs. That is eight million less than the goal of full employment by end of 2012. The gap is to be closed by private sector …

[ More ] February 1st, 2010 | No Comments | Posted in Politics |

November Reality

Barring a miracle, it’s almost a certainty that the jobs picture in November is going to be just about as shitty as it is now, and that’s the bullish view.And taking the longer view, a shitty jobs picture 11 months from now will mean that we will ha…

[ More ] February 1st, 2010 | No Comments | Posted in Politics |
 

Pope calls on business, government to save jobs

VATICAN CITY (Reuters) – Pope Benedict Sunday called on businesses and officials to stem job losses and made an explicit reference to two Italian plants to be shut soon, in a surprise boost to union efforts to keep the factories open.

[ More ] January 31st, 2010 | No Comments | Posted in World |

Obama budget to assure investors while boosting jobs

WASHINGTON (Reuters) – U.S. President Barack Obama on Monday will unveil a budget that must balance his short-term political imperative to boost jobs, while convincing investors he has a credible plan to curb record deficits over time.

[ More ] January 31st, 2010 | No Comments | Posted in Politics |
 

Drugs firm 'set to axe 4,000 jobs'

Drugs giant GlaxoSmithKline is expected to announce plans to axe up to 4,000 jobs this week as part of its ongoing restructuring, it has been reported.It is thought the majority of the cuts will be ma…

[ More ] January 31st, 2010 | No Comments | Posted in World |

TARP Cop: Goals Still Unmet

Watchdog says lawmakers still have not addressed fundamental problems that triggered financial crisis• FoxBusiness: Gov’t Watchdog Probes ‘Suspect Trades’• Report: Obama to Propose $3.8 Trillion Budget • Obama Eyes $200 Million f…

[ More ] January 31st, 2010 | No Comments | Posted in World |
 

Report: Obama’s $3.8T Budget

President is expected to send a nearly $4 trillion dollar budget for coming fiscal year to Congress on Monday• Obama Eyes $200 Million for Terror Trials• SLIDESHOW: Other Possible Venues for 9/11 Trial• YOU DECIDE: Is Top Priority …

[ More ] January 31st, 2010 | No Comments | Posted in World |

Colorado officials: Stimulus funds create, save 7,200 jobs

DENVER (AP) — State officials say federal stimulus spending saved or created the equivalent of about 7,200 full-time jobs in Colorado the final three months of last year.

[ More ] January 31st, 2010 | No Comments | Posted in Politics |

$200M Eyed for Terror Trials

Obama’s budget reportedly to contain request for security money, but that could change if NYC venue changes• SLIDESHOW: Other Possible Venues for 9/11 Trial• GOP: Obama has ‘Blind Spot’ on Terror War• VIDEO: Rep. Peter King on Terro…

[ More ] January 31st, 2010 | No Comments | Posted in World |

Obama’s jobs plan: Small businesses get $5,000 tax credit for every new hire

US President Barack Obama unveiled a 33-billion-dollar package of tax cuts Friday to encourage small businesses to hire new workers, as he takes aim at 10 percent unemployment.Obama, who has made job creation the top priority of his administration, …

[ More ] January 30th, 2010 | No Comments | Posted in Politics |