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NEW YORK (CNNMoney) — Everyone in Congress says they want to help create jobs and economic growth.

But federal agencies and government contractors in the private sector, which actually hire people, may find that ironic. They are still in the dark about future funding levels because lawmakers have not said whether they will replace heavy-handed automatic spending cuts set to take effect next year.

The rest of the story …

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Employers added just 69,000 jobs in May, about half of what was expected, and the unemployment rate ticked up to 8.2 percent, the government said Friday in an awful jobs report that offered incontrovertible evidence that the U.S. economy is slowing sharply.

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NEW YORK (CNNMoney) — The United States economy is on the road to recovery, the White House said Friday, with stronger job growth expected this year.

But income inequality and Europe’s debt crisis could still pose challenges, according to a report released by President Obama’s Council of Economic Advisers.

Read more about this wishful thinking.

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Gallup Poll: American pessimism about jobs grows

November 14, 2011

An improvement in unemployment numbers for the past two months and an increase in third-quarter GDP should help encourage Americans about their job security. Yet that has not been the case. If anything, Americans have become more concerned about their employment situation. Beneath some overall good news about the broad economy is a continued worry by [...]

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The simple objective of Obama’s next economic strategy: keep his own job

September 20, 2011
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United States, Wall Street, and venture capitalist waging war on jobs and those that have them

August 15, 2011

As long as Wall Street and venture capitalists continue to reward corporations for off-shoring and downsizing, we continue to play the fool when we express shock that the U.S. economy is not creating many new jobs. By Jeffrey Pfeffer, guest contributor to Fortune FORTUNE — The U.S. seems to be shocked that its economy isn’t creating [...]

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Jobs picture shows some positive signs; private sector continues to add jobs

March 30, 2011

In a sign of continued improvement in the job market, private sector employers added over 200,000 positions in March and the number of planned job cuts fell, according to two reports released Wednesday. Payroll processing company ADP said private sector payrolls grew by 201,000 in March, after a revised 217,000 increase in February. Economists were [...]

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