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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: job creation

job creation stories: 17 news summaries

 Dems Switch Focus to Jobs 

House aims to have job creation package ready by Xmas

Nov 17, 09 7:35 AM CST
(Newser) - House Democrats hit by accusations they've been focusing on health care at the expense of employment plan to tackle job creation in the coming weeks. There's no consensus on whether the move will come as one big package or a series of smaller measures but Democratic leaders plan to have... More »

MORE ABOUT:
Nancy Pelosi • Harry Reid • unemployment • House Democrats • economic stimulus package • job creation • unemployment rate

 Credit Stimulus for 
 650K Jobs: White House 

Directly or indirectly, $150B spent has had great effect, report says

Oct 30, 09 11:18 AM CDT
(Newser) - The economic stimulus package has already created or saved at least 650,000 jobs, the White House said today, even though just $150 billion of the $787 billion has been spent. And the number of jobs is closer to 1 million if it includes positions added indirectly, according to the... More »

MORE ABOUT:
White House • recession • economic stimulus package • job creation • Obama administration • President Obama • economic downturn • federal funding

 Obama Tags $3.4B 
 for Smart Energy Grid 

Plan will create tens of thousands of jobs and cheaper electricity

Oct 27, 09 10:04 AM CDT
(Newser) - President Obama will roll out a plan to use $3.4 billion in stimulus funds to modernize the nation’s electrical grid today. The “smart grid” spending will go to private contractors, utilities, and municipal governments in grants of between $400,000 and $2 million. The administration expects $4.... More »

MORE ABOUT:
Iraq • power grid • electricity • renewable energy • job creation • Obama administration • President Obama • stimulus funds

OPINION

 Put New 
 Stimulus 
 to Work for 
 Unemployed 

Painful 'new normal' isn't good enough

Oct 7, 09 2:08 AM CDT
(Newser) - Economists are buzzing about a "new normal" of higher unemployment and wage stagnation post-recession, but Americans shouldn't resign themselves to a mediocre economy, writes Harold Meyerson. Downturns triggered by banking crises usually cause higher rates of unemployment for longer periods than normal downturns, but the cycle can be broken... More »

MORE ABOUT:
recession • unemployment • US economy • New Deal • economic stimulus package • job creation

ANALYSIS

 Many Jobs Are Gone Forever 

Employment picture likely to remain grim for years, and predicting winning industries is a challenge

Oct 5, 09 2:28 PM CDT
(Newser) - The job market is likely to be grim for years to come—economists expect that even if job creation returned to the brisk pace of the ‘90s, unemployment wouldn’t return to 5% until 2017. And for many of the unemployed, the numbers belie the real problem: The positions... More »

MORE ABOUT:
health care • employment • recession • unemployment • job • job creation • green jobs • recession depression

(Newser) - Newt Gingrich lashed out today against President Obama’s health care plan, saying the nation should deal with crushing unemployment first, Politico reports. “America does not work if Americans are not working,” he said. “Getting Americans working should be the number one priority.” Gingrich called for... More »

MORE ABOUT:
Congress • Newt Gingrich • Republican Party • unemployment • health care reform • job creation • Obama administration • President Obama

 Wal-Mart to Create 
 22K More US Jobs 

But retailer has slowed expansion

Jun 4, 09 12:59 PM CDT
(Newser) - Wal-Mart plans to add 22,000 jobs to its US stores this year, down from last year's 33,800 new jobs in the face of slowed expansion. The retailer has gained market share from recession-minded consumers, but hasn't been immune to the downturn, and recently slashed 700 jobs in its... More »

MORE ABOUT:
recession • unemployment • Wal-Mart • job • job creation

Pentagon to Add 20K Jobs
in Arms-Buying Overhaul

Obama says acquisitions program has 'run amok'

May 7, 09 7:40 AM CDT
(Newser) - The Defense Department will add 20,000 jobs over the next 5 years in an overhaul of its $100 billion weapons-buying process, Reuters reports. New regulations will tie compensation more closely to performance, and the Pentagon will require “real, substantial” tax savings in any multiyear deals, a deputy defense... More »

MORE ABOUT:
Pentagon • Department of Defense • arms deal • weapons • job • job creation • Obama administration • arms sales • President Obama

 Hiring Healthy, 
 Even During 
 Downturn 

Dire employment figures disguise huge amount of vacancies opening up

May 6, 09 7:52 AM CDT
(Newser) - Grim unemployment figures are disguising the fact that hiring has stayed surprisingly strong in the midst of the worst postwar recession, economists tell the New York Times. In February—long before any hint of recovery emerged—4.8 million workers lost their jobs, but 4.3 million people were hired,... More »

MORE ABOUT:
employment • recession • unemployment • US economy • job creation • financial crisis • hiring

States Get Creative as
Jobs Disappear

Even as tax revenues shrink, states pay to entice employers

Feb 2, 09 8:47 AM CST
(Newser) - State governments, reeling from diminished tax revenues that have forced cuts in services and, in some cases, jobs, increasingly are offering tax breaks and incentives to employers in an effort to stimulate the job market, reports the Wall Street Journal. “Now is not the time to back off the... More »

MORE ABOUT:
Jon Corzine • unemployment • incentives • corporate America • job creation • financial crisis • economic development • Jay Nixon • John Pommer

Obama Pitches Bold Plan for Health Records

President-elect wants them all digital, but hurdles remain

Jan 12, 09 2:15 PM CST
(Newser) - Barack Obama is hoping an ambitious health care modernization plan will help deliver on two of his promises: increasing jobs and decreasing health care costs, CNNMoney reports. Obama has said he wants all US health records computerized within five years—a huge undertaking. More »

MORE ABOUT:
health care • Barack Obama • hospitals • job creation • health records • doctors • President Obama

OPINION

'Intangible' Jobs—Health, Education—Are US' Best Bet

Knowledge-based sector gains jobs; those making homes, autos disappearing

Dec 11, 08 4:51 PM CST
(Newser) - The job market may be hitting rock bottom, but the “intangible" sector of the economy—comprising industries that, like health care and education, produce nothing concrete but have long-lasting effects—could be the best path for development, writes economist Michael Mandel in BusinessWeek. “Tangible” industries—like manufacturing—have... More »

MORE ABOUT:
economics • health care industry • job creation • Obamanomics • financial crisis • President Obama • "intangible" economy

(Newser) - Barack Obama says he will move quickly once in office to enact an ambitious, two-year plan to save or create 2.5 million jobs, Bloomberg reports. Obama announced his plan in his weekly radio address, where he also warned that “we risk falling into a deflationary spiral that could... More »

MORE ABOUT:
Barack Obama • alternative energy • infrastructure • credit crisis • economic stimulus package • green revolution • job creation • President Obama • economic downturn

To Avoid Recession, Cheer Up: Aussie Pol

Finance minister pushes power of the positive

Nov 12, 08 3:31 PM CST
(Newser) - Australia's finance minister apparently didn't see what happened to Phil Gramm  last summer when he declared that the US economic slowdown was "mental" and called Americans a "nation of whiners."  The recession would disappear, said Ken Henry, if Australians would  just buck up, Australia’s News... More »

MORE ABOUT:
Australia • economic growth • consumer confidence • unemployment • Kevin Rudd • job creation • Treasury secretary • financial crisis • Ken Henry

Green Energy Jobs: Will They Save the Economy?

Obama's plans for investment in renewable energy turn cost into benefit

Nov 7, 08 6:51 AM CST
(Newser) - Barack Obama's ambitious plans to use green energy investment to rev up the economy are igniting fierce debate over the math behind them, the Wall Street Journal writes. The president-elect says $150 billion in investment will create five million jobs over the next decade, in construction and installation. Critics charge... More »

MORE ABOUT:
Barack Obama • alternative energy • green energy • renewable energy • Department of Commerce • job creation • President Obama

State Film Subsidies
a Reel Pain

Officials not so keen about deals like $27M bill for Brad Pitt movie

Oct 12, 08 9:43 AM CDT
(Newser) - Talk about bad timing. State governments are having second thoughts about incredibly costly tax-incentive programs that have encouraged Hollywood filmmakers to shoot locally, the New York Times reports. While backers of the programs say they create jobs, other analysts argue that the system, which offers tax credits to producers, is... More »

MORE ABOUT:
Hollywood • film • state governments • tax credit • job creation

Manufacturing's Unemployed Find Work at the Hospital

The healthcare sector's growth could help mitigate US slowdown

Apr 15, 08 2:41 PM CDT
(Newser) - American communities once reliant on the manufacturing industry are increasingly being supported by the growing healthcare sector, the Wall Street Journal reports. Over the past 10 years, the former paper-mill town of Bangor, Maine, lost 3,700 factory jobs—but gained 3,500 healthcare jobs, a hopeful sign for an... More »

MORE ABOUT:
health care • health care industry • Maine • manufacturing • credit crisis • subprime crisis • service economy • job creation

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