UNEMPLOYMENT

Jobs Speech

Obama Jobs Speech: Proposed $300B Package, Republicans Won’t Respond

President Barack Obama is said to be planning to inject about $300 billion into the economy next year through tax cuts and infrastructure spending, and will present his plan in a speech later this week.But Republicans won't show up for Obama's address or offer an official televised rebuttal, as they say the President's speech will sink or swim on its own

Obama Speech: Pelosi Peeved, Pressure Mounting on Jobs Plan

Jobs Speech
President Barack Obama's anticipated jobs speech is still more than a day away but already it's causing a controversial rift among Republican and Democratic leaders. Republicans have decided not to give a rebuttal to the Obama's speech Thursday before Congress, and House Democratic Leader Nancy Pelosi says the lack of response will be disrespectful to the President and to the American people.

Obama Jobs: $300B Economic Stimulus Package Likely to Face GOP Resistance

Jobs Speech
In his Thursday address, President Barack Obama is expected to call for extensive tax incentives as part of his administration's plan to jump-start job growth, which has ebbed in recent months as the originally stimulus ended. However, the plan faces an uphill battle in House, where ruling Republicans are likely to oppose it.
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European debt fears drag Wall Street lower

Major stock indexes fell more than 2 percent on Tuesday on fears the euro zone's sovereign debt crisis was worsening and the U.S. economy was sliding back into recession.
U.S. President Barack Obama at the 2011 Labor Day Rally.

Obama Jobs Speech: More Stimulus Coming?

President Barack Obama hinted in a Labor Day address that he could use Thursday's highly anticipated speech on job creation to unveil an initiative to restore the nation's deteriorating infrastructure.
President Barack Obama

Obama previews jobs speech, challenges Republicans

President Barack Obama previewed proposals on Monday for new infrastructure spending and an extension of payroll tax cuts as part of a major jobs package he will unveil this week, and challenged Republicans to find common ground with him.
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European Markets Rocked Monday; Wild Ride Expected for U.S. Markets Tuesday

European stocks got hammered on Monday and the euro tumbled as well, as investors moved into safe assets. Rising fears over Europe's sovereign debt crisis and economic growth concerns in Europe and the U.S. is driving the move away from equities. The yield on the benchmark 10-year German government bond fell to well below two percent -- a new record. The Stoxx Europe 600 index fell 4.1 percent Monday, closing at 223.45.
2012 U.S. Election

Candidate Romney Faces Tea Party Doubters

Presidential contender Mitt Romney tried to win over doubters from the conservative Tea Party movement on Sunday, telling them he was the Republican candidate who can beat back the heavy hand of government and create jobs.
Labor Day 2011

Labor Day 2011: Simply, U.S. Needs Millions of New Jobs

The United States enters this Labor Day faced with many problems, and the most serious of which concerns jobs -- the state of working America is in its most trying condition in generations, with the unemployment at a very high 9.1 percent, and the nation short at least 11 million jobs.
Israelis take part in a demonstration calling for lower living costs and social justice in Jerusalem

Biggest Rally in Israel's History Presses PM

Hundreds of thousands marched Saturday for lower living costs in the largest such rally in Israel's history, bolstering a social change movement and mounting pressure on Prime Minister Benjamin Netanyahu to take on economic reform.
U.S. Stock Market

Is the Dow Headed Higher or Lower?

To say it's been a discomforting time for U.S. stock investors lately would be an understatement. Europe debt concerns, a tepid U.S. economic recovery that’s not creating enough jobs, and now Hurricane Irene’s damage has jolted institutional investors. Given the above, where’s the Dow headed from here?
For Discussion: U.S. Economy

Can the U.S. Recover From These 3 Major Policy Mistakes?

Tea Party members and other conservatives would like Americans to believe that the United States’ problems started in 2009, but nothing could be further from the truth -- three major policy errors by President George W. Bush last decade substantially worsened the U.S.’s fiscal condition, and the nation has been trying to recover ever since.
U.S. President Barack Obama talks in the Rose Garden of the White House in Washington

Obama Ups Pressure Over Transportation

President Barack Obama, under fire over high unemployment, stepped up pressure on Congress on Saturday to pass transportation legislation he said would protect almost 1 million American jobs.

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