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Obama, CEOs To Talk Job Creation Wednesday

121 324views Get Business Alerts Email Comments 1,680 WASHINGTON — The White House says President Barack Obama will discuss ideas for creating jobs and making the U.S. more competitive when he hosts about 20 CEOs on Wednesday. The White House isn’t saying yet who’s on the invitation list for the event at Blair House. White [...]

4 million Americans set to lose unemployment benefits.

4 million Americans set to lose unemployment benefits.

Full Story:Huffingtonpost.com Even as Congress debates whether to extend emergency unemployment checks for more than 6 million Americans who are approaching the 99-week-limit, some four million others are facing the certain end of their benefits over the next year, unless an entirely new program is crafted. This is the sobering conclusion of a report released [...]

Lindsey Graham Gets It Wrong On The Stimulus: Blames Legislation For U.S. Job Losses.

Lindsey Graham Gets It Wrong On The Stimulus: Blames Legislation For U.S. Job Losses.

Full story: Huffingtonpost.com A top issue on the Sunday morning talk shows was the Obama administration’s record on jobs, with Republicans hitting the stimulus and calling for an extension of the Bush tax cuts. To make, his case, however, Sen. Lindsey Graham (R-S.C.) completely distorted the effects of the stimulus, calling it a “disaster” and [...]

Unemployment rate rises as labor force expands.

Unemployment rate rises as labor force expands.

Full Story:NorthJersey.com WASHINGTON — The unemployment rate rose in August for the first time in four months as weak hiring by private employers wasn’t enough to keep pace with a large increase in the number of people looking for work. The Labor Department says companies added a net total 67,000 new jobs last month, down [...]

New Unemployment Claims SURGE, Hit Highest Level Since November 2009.

New Unemployment Claims SURGE, Hit Highest Level Since November 2009.

WASHINGTON (AP) — New applications for unemployment insurance reached the half-million mark last week for the first time since November, a sign that employers are likely cutting jobs again as the economy slows.

N.J.’s unemployment numbers spike is surprise to economists.

N.J.’s unemployment numbers spike is surprise to economists.

Leslie Kwoh/The Star-Ledger First-time unemployment claims in New Jersey soared to the highest weekly level in nearly two decades — a sign recovery in the job market has stalled or, worse, reversed course, according to an economist. Initial claims, which are used to measure layoffs, rose 32 percent, to nearly 25,400 for the week ending [...]