Economy, Job Creation | featured news

A new US government report shows the Recovery Act created around 3 million jobs, more than expected.

In a sign that the state's struggling labor market may be strengthening, 14,200 positions were added by employers in April, the second straight month of expansion.

Though the unemployment rate remained steady at 9.7 percent, the overall employment picture was greatly improved, with positive revisions to January and February.

President Barack Obama renewed his pledge on Saturday to make job creation his top priority in 2010 but said it was also critical to rein in a record budget deficit that threatened economic recovery.

President Obama goes before Congress for his first State of the Union address Wednesday night to show he can boost the economy and create jobs this year while cutting the budget deficit in 2011.

President Barack Obama will lay out policy proposals to combat double-digit unemployment in a speech on Tuesday tackling an economic problem that has become a political drain on his young administration.

President Obama said Monday the public and private sectors must find more ways to create jobs to continue the U.S. climb out ...

President Barack Obama said Saturday that reports the economy is growing again and that more than 1 million jobs were saved or created by his stimulus plan show "we are moving in the right direction."

U.S. President Barack Obama on Wednesday will announce a plan to spend $5 billion to create new jobs during a visit to the National Institutes of Health, the White House said.

President Obama is cautioning job creation could move slowly as the nation recovers from an economic recession. He told CNN's "State of the Union" signs point to recovery, although creation of enough new jobs could be delayed until next year.