Posts tagged Jobs

Obama to Wrap Up West Coast Trip Pitching Jobs Plan in Denver

The president will claim, “The American Jobs Act proposes a $25 billion investment in school infrastructure that will modernize at least 35,000 public schools — investments that will create jobs while improving classrooms and upgrading our schools to meet 21st century needs,” according to the White House.

Romney Promises 11.5 Million Jobs: Could He Really Deliver?

(WASHINGTON) — President Obama Thursday night urged Congress to pass a plan that some analysts say will put 1.9 million Americans to work in the next year. But two days earlier, GOP presidential candidate Mitt Romney announced a plan that he says will create nearly 10 times as many jobs. Romney, who detailed his jobs agenda in a 161-page book, said in a Las Vegas speech unveiling the plan that if elected, he would push his plan to create 11.5 million jobs in his first term, dropping unemployment to less than 6 percent and boosting gross domestic product (GDP) growth to 4 percent annually.

Would Obama's Infrastructure Plan Create Jobs Now?

“We’ve got roads and bridges across this country that need rebuilding. We’ve got private companies with the equipment and the manpower to do the building,” Obama told a crowd Monday in Detroit. “We’ve got more than one million unemployed construction workers ready to get dirty right now.”

Boehner, Cantor Urge Obama to Convene Meeting before Jobs Address

(WASHINGTON) — House Speaker John Boehner and Majority Leader Eric Cantor urged President Obama to find common ground with Republicans, asking that he convene a meeting with the top Congressional leadership before his address to a joint session of Congress Thursday “so that we may have the opportunity to constructively discuss your proposals.” “While we each sincerely believe that our own policy prescriptions for economic recovery are what is best for the country, neither of us is likely to convince the other in a manner that results in the full implementation of those policies,” the duo wrote in a letter to the president Tuesday. “While it is important that we continue to debate and discuss our different approaches to job creation, it is also critical that our differences not preclude us from taking action in areas where there is common agreement. We should not approach this as an all or nothing situation.”

News from this week’s edition of Perspective

  • London Riots.
  • Missing Woman in Aruba.
  • Tough Love for the President.
  • Where the Jobs Are.
  • Lap Band Surgery.
  • Pop Star Boot Camp.
  • The Futurist.

White House: Jobs Report 'Welcome News,' Faster Growth Needed

(WASHINGTON) — The White House said Friday that the day’s better-than-expected jobs report is “welcome news” but that the unemployment rate remains “unacceptably high.”

“Faster growth is needed to replace the jobs lost in the downturn,” outgoing Chair of the president’s Council of Economic Advisers Austan Goolsbee said in the administration’s first response to news that unemployment ticked down to 9.1 percent last month.

Goolsbee pointed to the same stalled “bipartisan” measures in Congress that the president has been pushing to spur job growth, including middle class tax cuts, free trade agreements, patent reforms, and an Obama administration favorite, investments in infrastructure.

“We will continue to work with Congress to build on these efforts to achieve a broader balanced deficit reduction agreement that instills confidence and allows us to live within our means without shortchanging future growth,” Goolsbee said in a written statement.

The White House stressed that “it is important not to read too much into any one monthly report.”

NASA Layoffs Planned as Space Shuttle Program Ends

(HOUSTON) — Now that space shuttle Atlantis has returned home safely, America’s human spaceflight program faces a period of retrenchment and doubt.

Atlantis’ landing early Thursday morning marked the end of NASA’s 30-year space shuttle program and the beginning of layoffs for the space agency.  On Friday, 1,500 shuttle workers are scheduled to get their pink slips.  By the time all the layoff notices are handed out, a total of 8,000 workers will have been cut.

At its peak, the shuttle program had about 11,000 people working for it.

NASA’s space program, however, is hardly over.  Astronauts will continue to live for months at a time on the International Space Station until at least 2020.  Eventually, the Obama administration proposes they go explore a passing asteroid and ultimately land on Mars.

An ambitious probe to orbit Jupiter is on the launch pad, scheduled for an August launch.  A new Mars rover, called Curiosity, is scheduled to leave in November.  NASA says it would announce Friday where on the Martian surface Curiosity would try to land.

But for now, the one way for Americans to reach orbit will be by hitching seats on Russian Soyuz spacecraft, at a cost of $60 million a pop.  

NASA says that in a few years the job will be taken over by private companies such as SpaceX, Sierra Nevada, or Boeing.  Each has a spacecraft and launcher in the works, though so far, only governments have ever launched people into orbit.

Jobless Claims Jump by 10,000

(WASHINGTON) — After falling for the previous three weeks, claims for unemployment benefits jumped in the second week of July, according to the Labor Department’s latest report released Thursday.

For the week ending July 16, the department said claims increased by 10,000 to 418,000.  The previous week, claims stood at 408,000.

The four-week average was also adjusted, falling by 2,750 to 421,250.

He Lost, She Lost: Jobs, Gender and the Economic Recovery

(WASHINGTON, D.C.) — A new study from the Pew Research center is expected to clear up who is doing better under the economic recovery: men or women.

While the expected headline is true – men are enjoying more jobs bounce during the recovery than women are – there’s another story here, too. Men took one heckuva beating during the recession and have still lost more jobs than women if you measure since the beginning of the recession. The net jobs change since June of 2009 is an addition of 768,000 jobs for men. Compare that with a loss of 218,000 jobs for women.

But according to statistics from the Bureau of Labor Statistics, since the recession started in 2007, men have lost more than 4.5 million jobs. Whereas women have lost a net 2.4 million jobs.

As it stands today, women are actually better off than their male counterparts in the labor force since the start of the Great Recession. The unemployment rate amongst men is 9.5 percent nationally; for women it’s 9.2 percent.

So why the disparity in terms of jobs gains during the recovery?

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Did Obama Reward Big Donors with Jobs?

(WASHINGTON) — President Obama launched his campaign in 2007 promising a change in the way business is done in Washington, D.C., but on Wednesday a report from the Center for Public Integrity said that when it comes to major campaign donors scoring plum administration positions, it’s business as usual.

The report says that 184 out of 556 2008 Obama campaign “bundlers,” or donors who agreed to raise hundreds of thousands of dollars for a campaign — or their spouses — joined the administration in some role.

But the percentages are much higher for the big-dollar bundlers. Nearly “80 percent of those who collected more than $500,000 for Obama took ‘key administration posts,’ as defined by the White House,” the report said.

The center pointed out that candidate Obama suggested that big-moneyed interests would not have as prominent a role in D.C. during his administration.

"The cynics, the lobbyists, the special interests who’ve turned our government into a game, only they can afford to play," said then-Sen. Obama in his February 2007 announcement speech. "They get the access while you get to write a letter….The time for that kind of politics is over."

The White House on Wednesday pushed back on the report, saying it’s “hardly a story” and insisting that donations play no role in awarding the plum jobs.

"The people who got those positions got them because of their credentials," said White House Press Secretary Jay Carney. "They also happen to be donors in some cases….Being a supporter does not qualify you for a job or guarantee you a job, but it does not disqualify you."

It’s essentially the same explanation the Bush administration gave.

"We make no distinctions about people on the basis of whether they’ve given or not," said White House Press Secretary Ari Fleischer in January 2001.

Tom Perrelli raised $500,000 for Obama in 2008 and is now associate attorney general. Charles Rivkin did the same and is now ambassador to France. So did Donald H. Gips, ambassador to South Africa, and John Roos, ambassador to Japan.

Fred Schulte, one of the authors of the report, said that there is a difference between the Bush administration and the Obama administration.

"We did look at the administration of George Bush, which was widely criticized for appointing donors to these kinds of posts, and they had about the same number in four years that the Obama administration has had in two years," Schulte said.

According to the American Foreign Service Association, President Obama has nominated more “political” appointees for ambassadorships versus foreign service candidates than any president in at least the past 20 years. A full 36.2 percent of Obama’s ambassadors are political, while just more than 30 percent of Bush’s were political. Under former President Clinton, 27.82 percent of such appointments were political, while under President George H.W. Bush, 30.3 percent were political.

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