Economy, Job Creation | featured news

After pledging to send a job-creation package to Congress next month and daring Republicans to block it, President Obama offered few specifics Tuesday about the form the plan might take as he stuck to a broad outline of how to improve the economy.

The report, slightly exceeding economists’ expectations, added to hope that hiring was finally on a steadier track.

President Obama focused about 80% of his State of the Union Address on the economy, offering proposals designed to create jobs, make the United ...

President Obama is announcing $10 billion in trade deals with India that are expected to help pay for 54,000 U.S. jobs.

The gross domestic product number came in at a rather soft 2% growth, up slightly from last quarter’s 1.7%. From the standpoint of creating new jobs, 2% just doesn’t cut it. We need about 100,000 to 125,000 new jobs a month just to keep up with population growth and a 2% GDP will not give us half that, as we saw last quarter. Most economists say you need about 3.5% GDP growth to get solid job reports.

President Obama unveiled a new proposal that he says will create jobs and grow the economy... The proposal also companies to take immediate tax deductions for the full cost of new equipment. Those deductions hope to spur $50 billion in new investments through next year.

President Barack Obama's proposed $50 billion transportation spending program would boost jobs in the construction, manufacturing and retail industries and help bolster a struggling economy ...

Two-thirds of the companies given taxpayer money from the job creation fund that Gov. Rick Perry has touted as a key reason for Texas' economic growth failed to meet their promises last year, a study released today finds.

In the wake of a new jobs report showing increased unemployment, President Obama today said the steps his administration has taken to improve the economy are working, but not fast enough. He called on Congress to pass a small business bill and said he would announce next week a broader set of ideas to accelerate job creation.

A majority of Americans believes President Barack Obama has neglected job creation and economic fears are weighing heavily on Democrats ahead of November 2 elections, a Reuters-Ipsos poll found on Tuesday.