jobs

Good job numbers vex doom-and-gloom politicians

Good job numbers vex doom-and-gloom politicians

The top jobs numbers for June would have seemed to be cause for some appreciation. After all, the unemployment rate dipped to 6.1 percent, the lowest in six years, and hiring showed five months of steady growth. But the public continues to perceive the economy as poor. So, heading into a midterm campaign season, the […]

Obama, Biden to unveil $600 million in job grants

Obama, Biden to unveil $600 million in job grants

Striving to show action on jobs, President Barack Obama and Vice President Joe Biden are hitting the road to trumpet $600 million in new competitive grants to spur creation of targeted training and apprenticeship programs that could help people land well-paying jobs. They were making the announcement Wednesday at the Community College of Allegheny County […]

Raising minimum wage could cost half-million jobs by 2016

Raising minimum wage could cost half-million jobs by 2016

A report by Congress’ nonpartisan budget analysts seems to have thrown Democrats onto the defensive after it concluded that the party’s drive to boost the federal minimum wage could cost a half-million jobs by 2016. A Congressional Budget Office report released Tuesday concluded that a gradual increase to $10.10 hourly by that year — which […]

Is job growth really rebounding?

Is job growth really rebounding?

U.S. employment likely rebounded in January after being held back by cold weather the prior month, which would offer assurance that economic growth was not faltering. Nonfarm payrolls are expected to have increased by 185,000 last month, according to a Reuters survey of economists, with the jobless rate seen holding at a five-year low of […]

Democrats scuttle vote on jobs bill

The jobs bill may be headed for the unemployment line after an unlikely coalition raised enough hell about the legislation to force House leaders to scrap a planned Friday vote. The Congressional Black Caucus, the Progressive Caucus and the moderate Blue Dog Coalition banded together to raise enough objections about the bill to jeopardize passage […]