JOBS

Obama confronts jobs ''crisis'' with $447 billion plan

Obama Jobs Speech: How the President is Passing the Buck

President Barack Obama made a savvy play with his jobs speech proposal, if one considers his personal political hide. America's unemployment problem has gone on too long, and the nation is looking to Washington, and the president, to do something about it. So he drew up a economic plan that has a big price tag -- $447 billion -- urging Republicans and Congress to act immediately on it.

Obama confronts jobs crisis with $447 billion plan

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President Barack Obama challenged Congress on Thursday to enact a $447 billion package of tax cuts and new spending to revive a stalled job market but he faces an uphill fight to win over Republicans and restore public faith in his economic stewardship.
U.S. President Obama arrives to address a joint session of Congress on Capitol Hill in Washington

Analysis: Obama Jobs Plan Reinvigorates Growth Outlook

President Barack Obama's jobs package could lift economic growth by one to three percentage points in 2012, add well over one million jobs and lower the unemployment rate by at least half a percentage point, judging by early estimates.
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Obama says U.S. faces crisis, pushes jobs plan

President Barack Obama pressed Congress on Thursday to act urgently to approve a jobs package of tax cuts and government spending he is proposing to pull the United States out of a national crisis.
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TSX shows little conviction before Obama speech

Toronto's main stock market index edged higher in cautious action on Thursday morning following weak U.S. jobs data and ahead of a speech by U.S. President Barack Obama detailing his plan for job creation.
President Barack Obama

Republicans Wrong to Boycott Obama Speech

Republican Senator David Vitter and other conservatives planning to boycott President Barack Obama's major jobs speech before Congress Thursday night are out of line.
President Obama speaks at a Labor Day event in Detroit

Obama Jobs Plan: Will Congress Even Act?

Even before President Barack Obama announces the details of his jobs plan Thursday night, Republicans are lining up to denounce the proposal and in some cases skip the president's speech altogether. The White House has sought to put the onus for a sagging economy on Congress if lawmakers do not act on the plan.
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U.S. Jobless Claims Rise Unexpectedly

New U.S. jobless claims rose unexpectedly last week, further evidence of a weak labor market just hours before President Barack Obama delivers a major address to Congress on the issue.
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Oil-funded study: drilling could add 1 million U.S. jobs

The United States could create more than 1 million jobs by 2030 by expanding offshore drilling, limiting federal regulation of shale gas development and quickly approving a Canadian oil sands pipeline, according to a study commissioned by an oil industry group.
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Oil-funded study: More drilling would add 1 million jobs

The United States could create more than one million jobs by 2030 by expanding offshore drilling, limiting federal regulation of shale gas development and quickly approving a Canadian oil sands pipeline, according to a study commissioned by a major oil industry trade group.
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Drilling could add 1 million jobs: Oil-funded study

The United States could create more than 1 million jobs by 2030 by expanding offshore drilling, limiting federal regulation of shale gas development and quickly approving a Canadian oil sands pipeline, according to a study commissioned by an oil industry group.
Jobs Speech

Obama Jobs Speech: Proposed $300B Package, Republicans Won’t Respond

President Barack Obama is said to be planning to inject about $300 billion into the economy next year through tax cuts and infrastructure spending, and will present his plan in a speech later this week.But Republicans won't show up for Obama's address or offer an official televised rebuttal, as they say the President's speech will sink or swim on its own
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HSBC to cut 3,000 jobs in Hong Kong

HSBC <0005.HK> , Europe's biggest bank, is to cut 3,000 jobs in Hong Kong over the next three years as it targets its first wave of an aggressive cost-cutting plan on five countries.
Jobs Speech

Obama Speech: Pelosi Peeved, Pressure Mounting on Jobs Plan

President Barack Obama's anticipated jobs speech is still more than a day away but already it's causing a controversial rift among Republican and Democratic leaders. Republicans have decided not to give a rebuttal to the Obama's speech Thursday before Congress, and House Democratic Leader Nancy Pelosi says the lack of response will be disrespectful to the President and to the American people.

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