U.s. Economy, Democratic National Convention | featured news

Obama: Employment numbers would be better if Congress acted

President Obama said Friday that the job growth reflected in the latest employment report is “not good enough” but suggested things would get better quicker if Congress would cooperate.

 

US economy adds 96K jobs, rate falls to 8.1 pct.

Unemployment

U.S. employers added 96,000 jobs last month, a weak figure that could slow any momentum President Barack Obama hoped to gain from his speech to the Democratic National Convention. The unemployment rate fell to 8.1 percent from 8.3 percent in July, but only because more people gave up looking for work. The government only counts people as unemployed if they are actively searching.

Senh: Bad news, good news. At least unemployment dropped.

 

Obama says full recovery needs more time

Barack Obama

President Obama is framing his case for re-election by counseling patience for a stronger economy that still may be years away.

Senh: Four more years!

 

Bill Clinton fires up Democratic convention

Bill Clinton

Sounding at times like a college lecturer and others like a revival speaker, former President Clinton delivered a thumping endorsement Wednesday night of incumbent Barack Obama, saying his policies were slowly healing the country and would lead to dramatic improvement in a second term.

Senh: Damn, that guy's good.

 

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