Sept. 14 (Bloomberg) — Al Hunt, executive editor at Bloomberg News, talks about a Bloomberg National Poll on President Barack Obama’s job approval rating. A majority of Americans don’t believe the president’s $447 billion jobs plan will help lower the unemployment rate, and Americans disapprove of his handling of the economy by 62 percent to 33 percent, the poll conducted Sept. 9-12 shows. Hunt speaks on Bloomberg Television’s “InBusiness With Margaret Brennan.” (Source: Bloomberg)
www.demos.org Demos’ David Callahan sits down with Neil Cavuto on the Fox Business Network to discuss the recent jobs proposal from President Obama. Callahan argues that with 14-25 million Americans unemployed or underemployed, a plan that is estimated to create only 2-4 million jobs is far too small. Interview aired on 9
July 8 (Bloomberg) — US Secretary of Labor Hilda Solis discusses the June jobs report and the outlook for the US economy. US employers added 18000 workers in June, less than forecast and the fewest in nine months, while the unemployment rate unexpectedly climbed to 9.2 percent. The median estimate in a Bloomberg News survey called for a June gain of 105000. Solis speaks with Betty Liu on Bloomberg Television’s “In the Loop.” (Source: Bloomberg)
FBN’s Peter Barnes breaks down the December jobs report data.
The major US equity indices closed mostly lower Thursday, following a report on increased applications for unemployment benefits last week, as well as weak retail sales. The Labor Department reported that 409000 people made first-time claims for benefits last week, up from 338000 in the prior week – the lowest level in over two years. The report came one day after payroll processor ADP reported that 297000 companies added jobs in the private sector, high above economist expectations of 100000. In corporate news, Nordstrom Inc.
Although major jubs cuts appear to have ended, Money writer Amanda Gengler says job creation will only grow modestly into the New Year.
NOTE: CNN may not let you see this video based on your IP address.
Meredith Whitney believes that big financial institutions will cut up to 80000 jobs next year while many regional banks will suffer.
NOTE: CNN may not let you see this video based on your IP address.
Fortune editors say modest growth in private sector hiring did not offset the loss of temporary government jobs.
NOTE: CNN may not let you see this video based on your IP address.
Higher unemployment is one of the reasons why parents are saving less for college, Fortune’s Colin Barr says.
NOTE: CNN may not let you see this video based on your IP address.
Sen. John Barrasso, (R-Wyo.), on the Senate’s decision to extend unemployment benefits.