Jobs, Job Creation | featured news

Why are "capital gains" taxes so much lower than taxes on other income? The reason capital gains taxes are lower is because most of the income of the rich is from capital gains. And the reason most of the income of the rich is from capital gains is because capital gains taxes are lower.

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....

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.

After pledging to send a job-creation package to Congress next month and daring Republicans to block it, President Obama offered few specifics Tuesday about the form the plan might take as he stuck to a broad outline of how to improve the economy.

The Jon Huntsman team is stepping up its attack on Mitt Romney's economic record, accusing the Republican presidential frontrunner of misrepresenting his record on job creation as governor of Massachusetts.

Private businesses added a stronger number of jobs in June than expected, according to ADP, while new claims for jobless benefits fell last week.

American has fallen to 23rd in infrastructure quality globally, with a daunting $2 trillion backlog of needed projects. A national infrastructure bank, gaining support in Congress, could help.