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The jobs report came out this morning and it showed that 171,000 new jobs were created in October. Additionally, the jobs number for August and September was revised upward by 84,000 new jobs. That’s 255,000 new jobs! Incredible news for a nation still digging itself out of the hole Republicans dug for the country. It’s […] ↓ Read the rest of this entry…
The Labor Department announced Friday that 114,000 jobs new jobs were created in September and raised the July numbers to 181,000 and Septmember’s to 142,000 causing the overall national unemployment rate to fall to 7.8%, the lowest it’s been since President Obama took office. Besides Republicans, everyone else considers this to be good news. ”Absolutely, it’s positive,” […] ↓ Read the rest of this entry…
In another shameful episode of Republicans playing politics, 40 GOP senators voted against a job bill for military veterans, even after Democrats bent over backwards to address the job crisis. Last week, Democratic leaders inserted several Republican-backed provisions into the legislation in an effort to generate widespread support for the measure, including rules requiring states […] ↓ Read the rest of this entry…
Over the weekend, Martin O’Malley, David Axelrod, and David Plouffe got into trouble for not being able to give a clean answer to the question, are you better off now than you were four years ago. The obvious answer is, of course we’re better off– the stock market has doubled, we’ve created millions more jobs […] ↓ Read the rest of this entry…
Private sector firms hired an extra 172,000 staff, which more than offset the 9,000 fall in government payrolls. The figures were better than most economists had forecast. Read more at BBC News Despite corporations sitting on trillions of dollars and refusing to hire, despite continued cuts to the public sector by austerity hawks, despite […] ↓ Read the rest of this entry…
Mitt Romney’s financial company, Bain Capital, invested in a series of firms that specialized in relocating jobs done by American workers to new facilities in low-wage countries like China and India. During the nearly 15 years that Romney was actively involved in running Bain, a private equity firm that he founded, it owned companies that […] ↓ Read the rest of this entry…
Last month, Goldman Sachs started cutting an estimated 2400 jobs. Goldman Sachs is one of Romney’s top donors. Hewlett-Packard announces plan to slash 27,000 jobs. CEO Meg Whitman is one of Mitt Romney’s biggest fundraisers and finance chairman of Romney’s 2008 failed candidacy. Best Buy, always a big donor to Republican causes, closes 50 stores. Despite strong numbers, Cisco has […] ↓ Read the rest of this entry…
Yesterday, billionaire Meg Whitman announced she would be firing 30,000 people from Hewlett-Packard. Mitt Romney undoubtedly chuckled at this act of “creative destruction”. Both seem to really enjoy firing people. Whitman and Romney are very close and this intimate relationship sheds a lot of light on Mitt Romney. Whitman was the finance chair in Romney’s failed 2008 […] ↓ Read the rest of this entry…
Secretary of the Interior Ken Salazar has a great article out about Clara Barton and Rachel Carson and how they had their start as employees of the federal government. It got me to thinking about all the jobs that would vanish if Republicans got their way and eliminated everything they wanted. Here’s a list of some of them; Spy Diplomat Park Ranger […] ↓ Read the rest of this entry…
Additionally, January and December job numbers were revised up by 61,000 jobs.
We all know how many jobs have been lost over the last two decades by corporations relocating jobs offshore to countries overseas where labor is cheaper and regulations are virtually nonexistent. Unfortunately, American tax policies have sometimes rewarded corporations for outsourcing jobs. President Obama announced last week that he will change these tax codes and work with business leaders to […] ↓ Read the rest of this entry…
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