Posts Tagged ‘jobless’

227K jobs created in February, jobless rate holds at 8.3%

Employers likely added 227,000 jobs and the unemployment rate held at 8.3% in February.

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Finally! Congress passes payroll tax cut, jobless benefit bill 

Congress has passed legislation renewing a payroll tax cut for 160 million workers and jobless benefits for millions more, backing the main items on President Obama’s jobs agenda in a rare burst of Washington bipartisanship.

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House passes payroll tax cut, jobless benefit bill (AP)

Senate Majority Leader Harry Reid, D-Nev., is seen during a news conference to talk about an accord on the payroll tax cut negotiations, Thursday, Feb., 16, 2012, on Capitol Hill in Washington. (AP Photo/Pablo Martinez Monsivais)AP – The GOP-controlled House has passed a bill renewing a payroll tax cut for 160 million workers and jobless benefits for millions more, backing the main items on President Barak Obama’s jobs agenda in a rare burst of bipartisanship.


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Hiring surges in January; jobless rate at 8.3 pct. (AP)

An auto worker assembles parts on the 2013 Dodge Dart at the Chrysler Plant in Belvidere, Ill., Thursday, Feb. 2, 2012. Sergio Marchionne, Chairman and CEO Chrysler Group, announced that Chrysler will add a third shift at the Belvidere Plant to begin production of the Dart. The unemployment rate fell for the fifth straight month after a surge of January hiring, a promising shift in the nation's outlook for job growth. (AP Photo/Charles Rex Arbogast)AP – In a long-awaited surge of hiring, companies added 243,000 jobs in January — across the economy, up and down the pay scale and far more than just about anyone expected. Unemployment fell to 8.3 percent, the lowest in three years.


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In elections, jobless trend matters more than rate (AP)

FILE - In this May 7, 2004 file photo, George W. Bush speaks to supporters at a campaign rally, in Prairie Du Chien, Wi. Going back to 1956, no incumbent president has lost when unemployment fell over the two years leading up to the election.  (AP Photo/Darren Hauck, File)AP – Unemployment is higher than it’s been going into any election year since World War II.


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The fight: Tax cuts, jobless benefits and pipeline (AP)

House Minority Leader Nancy Pelosi of Calif., followed by House Assistant Minority Leader James Clyburn of S.C. and House Minority Whip Steny Hoyer of Md. arrive for a news conference on Capitol Hill in Washington, Friday, Dec. 16, 2011, where she criticized Republicans as being responsible for a 'do-nothing Congress' .   (AP Photo/J. Scott Applewhite)AP – The White House backed away from a critical veto threat Friday as top Republicans in Congress served noticed they will extend expiring Social Security payroll tax cuts only if President Barack Obama swiftly decides the fate of a proposed oil pipeline that promises thousands of jobs.


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AP Sources: House GOP bill renews jobless benefit (AP)

AP – House Republicans are drafting legislation to renew an expiring unemployment benefits program, officials said Thursday, and intend to add it to a planned extension of a Social Security payroll tax cut due to run out on Dec. 31.

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