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U.S. Economy Added 216,000 Jobs in March; Rate at 8.8%

U.S. Economy Added 216,000 Jobs in March; Rate at 8.8%

The report, slightly exceeding economists’ expectations, added to hope that hiring was finally on a steadier track.

 

Obama to call for $53B for high-speed rail

Obama to call for $53B for high-speed rail

President Barack Obama is calling for a six-year, $53 billion investment in high-speed rail as he seeks to use infrastructure spending to create jobs.

 

State of the Union: Fact checking Obama's speech

President Obama focused about 80% of his State of the Union Address on the economy, offering proposals designed to create jobs, make the United ...

 

U.S., South Korea reach free trade deal

The U.S. and South Korea have reached an agreement on a free trade deal to boost American exports and create tens of thousands of U.S. jobs in the largest trade pact in more than a decade.

 

U.S. to announce $10 billion in trade deals with India

U.S. to announce $10 billion in trade deals with India

President Obama is announcing $10 billion in trade deals with India that are expected to help pay for 54,000 U.S. jobs.

 

Look At The Real Numbers, The Recession Never Ended

The gross domestic product number came in at a rather soft 2% growth, up slightly from last quarter’s 1.7%. From the standpoint of creating new jobs, 2% just doesn’t cut it. We need about 100,000 to 125,000 new jobs a month just to keep up with population growth and a 2% GDP will not give us half that, as we saw last quarter. Most economists say you need about 3.5% GDP growth to get solid job reports.

 

Obama Unveils Tax Deduction Proposal

Obama Unveils Tax Deduction Proposal

President Obama unveiled a new proposal that he says will create jobs and grow the economy... The proposal also companies to take immediate tax deductions for the full cost of new equipment. Those deductions hope to spur $50 billion in new investments through next year.

 

Obama: End tax breaks to stop overseas hiring

Obama: End tax breaks to stop overseas hiring

End tax breaks that reward some U.S. companies with overseas subsidiaries and encourage those businesses to create jobs in other countries, President Barack Obama is telling Congress.

 

Two L.A. agencies get $111 million in stimulus funds but have created only 55 jobs

Controller Wendy Greuel, who audited the Public Works and Transportation departments, says the city needs to move more quickly to spend the federal money.

 

Study shows majority of Texas companies given taxpayer money to create jobs failed to meet goals

Two-thirds of the companies given taxpayer money from the job creation fund that Gov. Rick Perry has touted as a key reason for Texas' economic growth failed to meet their promises last year, a study released today finds.

 

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