Economy, Job Creation | featured news

The pace of job creation by private employers accelerated more than expected in February, a report by a payrolls processor showed on Wednesday.

President Barack Obama sent Congress today a package of small business measures he said would expand tax relief and unlock capital to boost the economy and create jobs.

Bill Clinton’s new book, “Back to Work,” is really several books in one slender volume. It’s a lucid one-man rebuttal of the Tea Party’s anti-government agenda. A series of shrewd talking points for Democrats trying to hold on to the White House and battling for control of Congress in the midst of a sour economy and growing voter discontent. A self-serving reminder of the prosperity the country enjoyed during Mr. Clinton’s tenure in the White House, meant to burnish his legacy. And a practical set of proposals — some borrowed and some new, some innovative and some highly sketchy — for restoring economic growth and creating jobs.

The answer is no. And that goes for presidential candidates too.

President Barack Obama is visiting a school undergoing a multimillion-dollar renovation to sell his proposal for creating more jobs. And it's no coincidence that the school is in Ohio, the home state of House Speaker John Boehner, a critic of the president's proposal to tax the rich to pay for his plan....

President Obama this evening rolls out a plan to inject $447 billion into the ailing economy through tax cuts aimed at working families and small businesses and spending to rebuild infrastructure, proposing a larger cash infusion than expected – and, perhaps, more than Congress will seriously consider.

The United States could create more than one million jobs by 2030 by expanding offshore drilling, limiting federal regulation of shale gas development and quickly approving a Canadian oil sands pipeline, according to a study commissioned by a major oil industry trade group.

President Barack Obama, facing waning confidence among Americans in his economic stewardship, plans to lay out a $300 billion job-creation package on Thursday, CNN reported, citing Democratic sources.

Job creation came to a halt in August, according to new government data that show an economic recovery that appears to be sputtering out. The Labor Department on Friday reported zero net job creation in August, far worse than the 68,000 net jobs analysts had expected to be added. The unemployment rate was unchanged at 9.1 percent. The July job growth number was revised downward, as well, to only 85,000 jobs added that month — not the 117,000 estimated.

House Speaker John A. Boehner says Congress would be happy to hear President Obama's ideas for job creation, just not on the day he asked for.