April 1, 2011 |
Officials with the General Services Administration in Washington took issue with Wednesday's story in the Daily News that questioned whether stimulus-funded renovations to the U.S. Courthouse here and an adjacent office building were a good deal for taxpayers and a jobs booster. The GSA is spending $22.7 million to replace heating and air-conditioning units in the office building, to upgrade lighting systems and install new roofs on both buildings, and to renovate courthouse restrooms.
October 9, 2011 |
WASHINGTON - Employers added a better-than-expected 103,000 jobs to their payrolls in September, the Labor Department reported Friday, and it revised sharply upward tepid hiring numbers from July and August. The report provided some relief from the economy's summertime blues. Most mainstream analysts had expected hiring in the range of 25,000 to 70,000, but September's job-creation was even stronger. Private-sector hiring stood at 137,000 and was dragged down by the 34,000 government jobs lost during the month.
March 26, 2011 |
WASHINGTON - U.S. companies have added jobs for 12 straight months, but the gains have been uneven across the country and a little surprising. California and Michigan, which each suffered some of the worst job losses during the recession, are adding jobs again. California last month had its single best month for job creation in more than two decades. But six states lost jobs from February 2010 through last month, including New Jersey and Kansas, states that weren't considered troubled spots.
April 2, 2011 |
Don't look now, but the economy has been improving, slowly but surely. Of course, that depends on whom you talk to. Economists may tell you we've turned the corner and that we face better days. An unemployed head of a household may still see very gloomy skies overhead. Somewhere in the middle is Sara Kline. An associate economist for Moody's Analytics in West Chester, Kline told participants of the Acel Moore Career Development Workshop that they should stay positive about their futures and that, in due time, the economy will turn around.
May 7, 2011 |
WASHINGTON - A third consecutive month of strong private-sector hiring, reported by the Labor Department on Friday, points to a firming trend for America's fragile economy. Experts cautioned, however, that big hurdles remain along the road to recovery. Employers added a respectable 244,000 jobs in April, the report said, but that was tempered by a climb of two-tenths of a percentage point in the unemployment rate, to 9 percent. Economists had expected the jobless rate to tick up as more of the unemployed returned to seek jobs in an accelerating recovery.
October 11, 2011 |
WASHINGTON - As the Senate prepares for a vote on President Obama's jobs proposal Tuesday, the president is calling on his Republican opponents not just to explain their no votes but to offer a better alternative. Obama's $447 billion jobs plan, with its mix of tax breaks for workers and new spending to hire teachers or build roads and bridges, would add 1.9 million jobs and boost the gross domestic product 2 percentage points, according to independent economists. Republicans largely oppose the measure as they pursue their own jobs agenda: lowering business taxes and rolling back what the GOP calls "job-killing" regulations.
January 1, 2012
"The industry sales rate has exceeded 13 million in each of the last three months. This suggests the current momentum is not an aberration. " - Ken Czubay, Ford's vice president for U.S. sales and marketing, on U.S. auto-industry sales rising 10 percent in 2011. "It may signal some softening of the hard line on spending that corporate law departments embraced in the past few years. " - From survey by legal consulting firm Altman Weil, of Newtown Square, on spending by law firms.
May 6, 2012 |
The nation's employment engine remains stubbornly stuck in neutral, with the economy adding just 115,000 jobs in April while the unemployment rate declined slightly to 8.1 percent, the U.S. Labor Department reported Friday. "We are likely seeing continued uncertainty over the state of the economy," said Joel Naroff, chief economist with Naroff Economic Advisors in Bucks County. "As for the payroll numbers, they were downers. " Economists say employment must expand by 100,000 to 150,000 jobs a month to accommodate population growth.
December 19, 2011
Join Philly.com and The Inquirer for two special live events Monday: Chat LIVE with Philadelphia Police Commissioner Charles H. Ramsey about public safety issues starting at 1 p.m. Chat LIVE with Mark Zandi, chief economist of Moody's Analytics, about the state of the local and national economies, also starting at 1 p.m. Both on www.philly.com .
June 14, 2011 |
President Obama, traveling to politically important North Carolina on Monday, told nearly two dozen current and former corporate leaders he would work with businesses to reduce hurdles - including government regulations - to job creation. At the same time, the president asked for their help in lobbying Congress on measures to boost the recovery from the recession. Obama met for more than an hour with his Council on Jobs and Competitiveness in Durham, and heard proposals from panel members including General Electric Co. chief executive officer Jeffrey Immelt and American Express Co. chairman and chief executive Kenneth Chenault to create one million jobs over the next two years.