jobs

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US Expected to Report 5K New Jobs

Economy adds jobs, but more than expected were lost

(Newser) - January was the second month since the recession began in December 2007 that payrolls grew instead of fell, the Labor Department is expected to say in a report due out today. Some 5,000 new jobs were likely added last month, reports Reuters . Close to 4,000 jobs were added...

Eric Cantor Scoffs at Call for Bipartisanship

Va. rep dismisses Obama's 'lecturing' State of the Union

(Newser) - Eric Cantor was annoyed by the “rhetoric and lecturing” in President Obama's State of the Union address, and he doesn’t have high hopes for today’s sit-down with GOP leaders, the first of what Obama promised would be monthly meetings. The president has called for bipartisanship before, the...

Fastest-Growing Careers in US
 Fastest-Growing Careers in US 
Jan 16, 2010 5:18 AM CST

Fastest-Growing Careers in US

Biomedical engineers, health aides will be in strong demand by 2018

(Newser) - Here are the careers projected by the Labor Department to have the fastest growth by 2018, as run down by the Boston Globe:
  1. Biomedical engineer: 16,000 in 2008; projected growth of 72%; median pay: $77,400.
  2. Network systems and data communication analyst: 292,000 in 2008; projected growth of
...

Dow Up 11 Despite Jobs Report
 Dow Up 11 Despite Jobs Report 
MARKETS
Jan 8, 2010 3:15 PM CST

Dow Up 11 Despite Jobs Report

Stocks make gains for first trading week of 2010

(Newser) - Stocks spent most of the day down modestly but pulled up sharply at the close, as traders proved relatively unmoved by disappointing December unemployment figures, the Wall Street Journal reports.
  • The Dow rose 11.33 points to close at 10,618.19.
  • The Nasdaq added 17.12, closing at 2,
...

1 in 5 US Men Unemployed
 1 in 5 US Men Unemployed 
Jan 8, 2010 12:17 PM CST

1 in 5 US Men Unemployed

Recession has been especially hard on traditionally male jobs

(Newser) - Male unemployment has hit an all-time high, with a whopping 1 of every 5 working-age American men jobless, according to the latest government figures. The economic downturn has been especially brutal on traditionally male-dominated fields like construction and manufacturing, the Huffington Post explains, leading some to label it a “...

Indexes Hit 2009 Highs; Dow Closes Up 54
 Indexes Hit 2009 Highs; 
 Dow Closes Up 54 
MARKETS
Dec 24, 2009 12:20 PM CST

Indexes Hit 2009 Highs; Dow Closes Up 54

Jobless numbers, metals sector spark wide rally

(Newser) - The major stock exchanges hit highs for the year today as traders reacted positively to news that new jobless claims grew less than projected. Health care was the only sector showing broad losses, a reaction to the Senate's passage of the health care bill, the Wall Street Journal reports.
  • The
...

Obama Plans Jobs Push Amid Health Care Delays

President expects debate to stretch into February

(Newser) - Barack Obama wants to switch gears and focus on jobs, energy, and deficit reduction, but he’s being hamstrung by a health care debate that he expects to stretch into February. Obama’s been told that disputes, particularly over abortion, will delay the eventual health care deal between the House...

How Republicans Won the Economy Argument
How Republicans Won
the Economy Argument
opinion
Dec 23, 2009 1:53 PM CST

How Republicans Won the Economy Argument

For starters, wrongly blame Obama for unemployment

(Newser) - Republicans have won the political argument over the economy with a "nifty" two-step strategy, writes Jonathan Chait. First, blame President Obama for unemployment by focusing on the simple—make that simplistic—fact that more people are out of work now than when he took office. Second, beat him up...

Dow Up 69 After Jobs Data
 Dow Up 69 After Jobs Data 
MARKETS
Dec 10, 2009 3:16 PM CST

Dow Up 69 After Jobs Data

Oil hits $70.47, a 2-month low

(Newser) - Stocks posted solid gains today following a weekly jobs report that showed a boost in initial unemployment filings but a fall in the number of claims lasting longer than 1 week, the Wall Street Journal reports.
  • The Dow rose 68.78 points to close at 10,405.83.
  • The Nasdaq
...

Obama to Tackle Jobs, Deficit

 Obama to Tackle 
 Jobs, Deficit 
speech preview
Dec 8, 2009 8:53 AM CST

Obama to Tackle Jobs, Deficit

Pols split on how to use bailout bucks for recovery

(Newser) - President Obama will today outline a new push to tackle the country's surging unemployment and mounting deficit. The speech, at the Brookings Institution, comes as legislators are locked in a debate over how, exactly, to use surplus TARP funds to boost a tepid recovery. Republicans oppose dipping into the surplus,...

'Formidable Headwinds' Hinder Recovery: Bernanke

Weak credit and labor markets mean recovery will be slow: Fed chair

(Newser) - Ben Bernanke painted a stark picture of the economy today, warning that "formidable headwinds" are working against the incipient recovery. Despite an unexpectedly positive jobs report, the pace of expansion is likely to remain "moderate," the Fed chair said. “Despite the general improvement in financial conditions,...

Dow Seesaws on Jobs, Dollar, Then Closes Up 22

Jobs rally undercut by, dollar boom, sinking commodities

(Newser) - Stocks posted modest gains today after a morning rally off an unexpectedly strong jobs report. The surge lost steam when a rise in the dollar sapped commodity stocks, the Wall Street Journal reports.
  • The Dow rose 22.75 points to close at 10,388.90.
  • The Nasdaq added 21.21,
...

Obama Rejects Criticism of Black Caucus

It's a 'mistake' to focus on 'particular ethnic segments,' he says

(Newser) - President Obama says he understands the frustrations of the Congressional Black Caucus, but thinks it would be a "mistake" for him to focus too exclusively on the plight of black Americans in the recession. "The most important thing I can do for the African-American community is the same...

Obama Summit Tackles Jobs
 Obama Summit Tackles Jobs 
Dec 3, 2009 7:34 AM CST

Obama Summit Tackles Jobs

Event will coincide with the release of November unemployment stats

(Newser) - The Obama administration will hold a much-hyped jobs summit today, bringing 130 guests—including labor leaders and a host of big-name CEOs—to brainstorm ideas for tackling unemployment. The event also just happens to coincide with the release of November’s unemployment figures, which aren’t expected to be pretty—...

Employers Offer More OT, Fewer New Jobs
 Employers Offer 
 More OT, Fewer New Jobs 
green shoots
Nov 27, 2009 1:33 PM CST

Employers Offer More OT, Fewer New Jobs

Brightening economy results in more overtime, fewer new jobs

(Newser) - Manufacturers skeptical about economic improvement are hedging their bets and forgoing hiring in favor of scheduling overtime work to fill welcome new orders. The tactic may be working for now—employees surely aren’t complaining—but the phenomenon is likely to be short-lived. “Overtime is more costly,” an...

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