CNN Money’s Poppy Harlow joins Roland Martin on the Tom Joyner Morning Show to discuss comments made by the head of industrial conglomerate 3M (MMM, Fortune 500). 3M CEO George Buckley blasted the president as being “anti-business,” saying that the policies of this administration make business want to do business elsewhere.
The US recession lasted 18 months and was the most prolonged since World War II, a report has concluded.
As the nation’s largest peacetime jobs program – the U.S. Census 2010 effort – winds down and its temporary workforce continues to join the ranks of the unemployed, a growth in private sector jobs was not enough to keep the unemployment rate from climbing slightly – one-tenth of a percentage point to 9.6 percent – […]
Another month, another grim jobs report. We lot 54,000 jobs in July. Most of those — in fact, 114,000 of them — were expiring census jobs. The private sector added jobs slowly but steadily, posting 67,000 in gains. This report doesn’t really tell a story of recovery nor of recession. It’s just stagnation: We’re not […]
President Obama’s Oval Office speech last night the end of combat in Iraq was also in part a message about job creation, and improving the economy. In this interview, NAACP president Benjamin Jealous analyzes the president’s speech, while discussing in what ways the US can move beyond these economic struggles.
New applications for unemployment insurance reached the half-million mark last week for the first time since November, a sign that employers are likely cutting jobs again as the economy slows.
The House passed a bill Tuesday afternoon providing $26.1 billion to cash-strapped state governments, and preventing roughly 161,000 teachers and 158,000 public works employees from being laid off. The vote was 247-161.
Minorities and women are still underrepresented in the boardrooms of Fortune 500 companies, lagging far behind the national population percentages, according to U.S. Sen. Robert Menendez, a Democrat out of Hoboken.
President Obama cited the slight increase in private-sector job creation today, but added that “climbing out of any recession — much less a hole as deep as this one — takes some time.”
WASHINGTON (AP) — Companies showed a lack of confidence about hiring for a third straight month in July, making it likely the economy will grow more slowly the rest of the year. The unemployment rate was unchanged at 9.5 percent.
