JOBS

Schwarzenegger says Obama's stimulus created jobs

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Arnold Schwarzenegger, California's Republican governor, defended Democratic President Barack Obama's stimulus plan on Sunday, saying 150,000 new jobs were created in his state thanks to the legislation.

Jobs, prices data flag hurdles for economy

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The number of U.S. workers filing new applications for unemployment insurance unexpectedly surged last week, while producer prices increased sharply in January, raising potential hurdles for the economic recovery.
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L.A. budget crisis threatens jobs, credit rating

Los Angeles, the second-largest city in the United States, is confronting a mounting budget deficit that threatens to force thousands of job cuts, deplete its fiscal reserve and further damage its credit rating.
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U.S. Senate unveils long-awaited jobs bill

Lawmakers in the Senate unveiled a long-awaited bipartisan jobs bill on Thursday that relies on business tax breaks and construction projects to bring down the unemployment rate.
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Wall Street to open higher on Greece deal, jobs data

Wall Street was set to open higher on Thursday as key euro zone officials struck a deal to help Greece with its debt crisis, and U.S. data showed claims for first-time jobless benefits fell more than expected last week.
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Stock futures up with Greece, jobs data in focus

Stock index futures rose on Thursday with the spotlight on a European summit that could set the blueprint for aid to debt-laden Greece, while investors awaited data on the health of the labor market.
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Obama seeks common ground on deficit, jobs

President Barack Obama sought common ground with Republicans on Tuesday over his top priorities of job creation and deficit reduction, winning hints of support in both areas but a rebuke on healthcare reform.
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Obama courts Republican support on jobs, deficit

President Barack Obama sought common ground with Republicans on Tuesday on his top policy priorities of job creation and deficit reduction, winning hints of support in both areas but a rebuke on healthcare reform.
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Obama hopes to see jobs package in coming weeks

President Barack Obama, reaching out to lawmakers in both U.S. political parties, said on Tuesday he hoped Congress would soon deliver a package of measures to boost U.S. employment and economic growth.
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Jobless rate at 9.7 percent, 20,000 jobs cut

The unemployment rate surprisingly fell to a five-month low in January and factory payrolls grew for the first time since 2007, hinting at a labor market recovery even though the economy lost 20,000 jobs.
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Stocks tumble for 2nd day on euro zone, jobs

U.S. stocks fell on Friday, failing to recover from the previous day's brutal selloff, after U.S. jobs data pointed to a slow recovery and investors worried about the health of the euro zone's weakest economies.
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Jobless rate fall to 9.7 percent, 20,000 jobs cut

The unemployment rate surprisingly fell to a five-month low in January and factory payrolls grew for the first time since 2007, hinting at a labor market recovery even though the economy lost 20,000 jobs.
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White House says January jobs report encouraging

The White House on Friday welcomed the Labor Department's report that the unemployment rate had fallen to a five-month low, saying it showed encouraging signs of gradual labor market healing.

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