
New York (CNNMoney) – Obama: How we could get to 6% unemployment rate
The construction industry and state and local governments are among the biggest drags on the nation's economic recovery, President Obama said Wednesday.
FULL STORY(CNN) - Mitt Romney's campaign seized on a comment by Rick Santorum Monday, in which the former Pennsylvania senator mentioned he does not care about the unemployment rate.
Following Santorum's speech in Moline, Illinois, Romney's team blasted out an email to reporters with a link to a five-second clip of Santorum saying: "I don't care what the unemployment rate is going to be. It doesn't matter to me."
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NEW YORK (CNNMoney) - The economy added 227,000 jobs in February, but the unemployment rate didn't change at all.
Woe is the White House - which would love to have the lowest rate possible heading into the general election.
FULL STORYMesa, Arizona (CNN) – Things appear to be moving in the right direction for President Obama and his re-election drive – at least a bit.
The unemployment rate has been steadily going down in recent months.
FULL STORY(CNN) – Starbucks CEO Howard Schultz on Sunday blamed Washington for the country’s sluggish economic growth, saying lawmakers are more focused on politics than policy.
“The fact that we're arguing constantly, day in and day out, about ideology as our partisanship and everyone in Washington is more concerned about re-election than the core issues of the country, there's something significantly wrong,” he said on CNN’s “State of the Union.”
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New York (CNNMoney) - The number of Americans filing for first-time unemployment benefits took an upswing just before Christmas.
About 381,000 people filed initial jobless claims in the week ended Dec. 24, the Labor Department said Thursday. That marked an increase of 15,000 from the prior week. Economists were expecting claims to rise to 368,000.
FULL STORY(CNN) -The economy is the top concern for Americans, according to a new CNN/ORC International poll released Friday, and half name unemployment as the most important issue related to the economy.
With just three in ten saying things are going well in the country today and 70% saying they are going badly, economic issues are still the main priority for the country this holiday season.
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New York (CNNMoney) - The number of Americans filing for first-time unemployment benefits dropped to their lowest level since April 2008, boosting optimism in the job market.
In a surprise drop, 364,000 people filed initial jobless claims in the week ended Dec. 17, the Labor Department said Thursday. That was a decrease of 4,000 from the prior week. Economists were expecting claims to rise to 380,000.
FULL STORYNew York (CNNMoney) - Fewer Americans filed for their first week of unemployment benefits last week. So few in fact, that the number of initial claims fell to its lowest level since May 2008.
About 366,000 people filed initial jobless claims in the week ended Dec. 10, the Labor Department said Thursday. That was a decrease of 19,000 from the prior week.
FULL STORYNEW YORK (CNNMoney) - The November jobs report contains some undeniably good news for President Obama, but the White House should keep the champagne on ice for now.
The Labor Department reported Friday that the unemployment rate dropped to 8.6% in November, the lowest since March 2009 and a sharp improvement from 9.0% in October.
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