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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title><![CDATA[White House claims 650,000 jobs saved by stimulus: are these numbers really accurate?]]></title><link>http://www.bloggingstocks.com/2009/10/30/650-000-jobs-created-or-saved-by-stimulus-package-the-white-hou/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2009/10/30/650-000-jobs-created-or-saved-by-stimulus-package-the-white-hou/</guid><comments>http://www.bloggingstocks.com/2009/10/30/650-000-jobs-created-or-saved-by-stimulus-package-the-white-hou/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/economic-data/" rel="tag">Economic Data</a>, <a href="http://www.bloggingstocks.com/category/recession/" rel="tag">Recession</a>, <a href="http://www.bloggingstocks.com/category/financial-crisis/" rel="tag">Financial Crisis</a></p><img vspace="4" hspace="4" border="1" align="right" alt="" src="http://www.blogcdn.com/www.bloggingstocks.com/media/2009/03/geithner_obama_220.jpg" />This morning, the White House reported that President Obama's stimulus package has <a href="http://money.cnn.com/2009/10/30/news/economy/Stimulus_jobs_created/index.htm?postversion=2009103007">created or saved 650,000 jobs</a> -- of course, this time the Obama Administration promises <a href="http://www.google.com/hostednews/ap/article/ALeqM5jMNoef6xDenBbHWO0Im6rIjDmAgAD9BL1D800">that the new figures will be "more accurate" than in the past</a>. As for the jobs saved or created, the administration based its finds on roughly $150 billion in spending from the $787 billion stimulus package. These "more accurate" numbers are taken from state reports and private companies. The White House did note that the actual number of jobs created thus far is "likely closer to 1 million" because this report looked at only $150 billion of the $339 billion invested in the American Recovery and Reinvestment Act funds spent.<p><a href="http://www.bloggingstocks.com/2009/10/30/650-000-jobs-created-or-saved-by-stimulus-package-the-white-hou/" rel="bookmark">Continue reading <em>White House claims 650,000 jobs saved by stimulus: are these numbers really accurate?</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2009/10/30/650-000-jobs-created-or-saved-by-stimulus-package-the-white-hou/">White House claims 650,000 jobs saved by stimulus: are these numbers really accurate?</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Fri, 30 Oct 2009 17:00:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.bloggingstocks.com/2009/10/30/650-000-jobs-created-or-saved-by-stimulus-package-the-white-hou/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/19216350/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2009/10/30/650-000-jobs-created-or-saved-by-stimulus-package-the-white-hou/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>featured</category><category>GDP</category><category>gross domestic product</category><category>GrossDomesticProduct</category><category>job creation</category><category>JobCreation</category><category>jobs</category><category>new jobs</category><category>NewJobs</category><category>stimulus</category><category>stimulus package</category><category>StimulusPackage</category><dc:creator><![CDATA[Mark Fightmaster]]></dc:creator><pubDate>Fri, 30 Oct 2009 17:00:00 EST</pubDate></item><item><title><![CDATA[President Obama says that financial crisis is not over]]></title><link>http://www.bloggingstocks.com/2009/09/08/president-obama-says-that-financial-crisis-is-not-over/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2009/09/08/president-obama-says-that-financial-crisis-is-not-over/</guid><comments>http://www.bloggingstocks.com/2009/09/08/president-obama-says-that-financial-crisis-is-not-over/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/recession/" rel="tag">Recession</a>, <a href="http://www.bloggingstocks.com/category/financial-crisis/" rel="tag">Financial Crisis</a></p><img vspace="4" hspace="4" border="1" align="right" src="http://www.blogcdn.com/www.bloggingstocks.com/media/2008/01/obamapict..jpg" alt="" />President Obama was in Cincinnati yesterday, where he spoke to a group of union members at a picnic. While he was on his way here, the White House released a statement noting that "working Americans will help our nation emerge from this crisis." Nevertheless, the President believes that the country still faces a <a href="http://money.aol.com/article/obama-says-economic-crisis-isnt-over/657940">"vast and complex" economic crisis</a>. Here is the problem, with a dwindling American workforce, President Obama says that it will be the working Americans that pull the nation out of the economic crisis. Last time we checked (and that was last week), the jobless rate was 9.7%.<p><a href="http://www.bloggingstocks.com/2009/09/08/president-obama-says-that-financial-crisis-is-not-over/" rel="bookmark">Continue reading <em>President Obama says that financial crisis is not over</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2009/09/08/president-obama-says-that-financial-crisis-is-not-over/">President Obama says that financial crisis is not over</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Tue, 08 Sep 2009 16:30:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.bloggingstocks.com/2009/09/08/president-obama-says-that-financial-crisis-is-not-over/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/19153906/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2009/09/08/president-obama-says-that-financial-crisis-is-not-over/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>education</category><category>featured</category><category>job creation</category><category>JobCreation</category><category>jobless</category><category>jobs</category><category>new jobs</category><category>NewJobs</category><category>President Obama</category><category>PresidentObama</category><category>unemployment</category><category>unemployment rate</category><category>UnemploymentRate</category><dc:creator><![CDATA[Mark Fightmaster]]></dc:creator><pubDate>Tue, 08 Sep 2009 16:30:00 EST</pubDate></item><item><title><![CDATA[Wal-Mart promises plenty of new jobs]]></title><link>http://www.bloggingstocks.com/2009/06/04/wal-mart-promises-plenty-of-new-jobs/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2009/06/04/wal-mart-promises-plenty-of-new-jobs/</guid><comments>http://www.bloggingstocks.com/2009/06/04/wal-mart-promises-plenty-of-new-jobs/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/wmt/" rel="tag">Wal-Mart (WMT)</a>, <a href="http://www.bloggingstocks.com/category/recession/" rel="tag">Recession</a></p><img hspace="4" src="http://www.blogcdn.com/www.bloggingstocks.com/media/2008/03/walmart_forless_240.jpg" align="right" vspace="4" border="1" alt="" />Mega-retailer <a href="http://finance.aol.com/quotes/wal-mart-stores-inc/wmt/nys">Wal-Mart Stores</a> (NYSE: <a href="http://finance.aol.com/quotes/wal-mart-stores-inc/wmt/nys">WMT</a>) announced today that it <a href="http://www.smartmoney.com/breaking-news/on/?story=ON-20090604-000005-0015">will add more than 22,000 jobs this year</a>. The firm will add these jobs by adding positions to its current stores, building, or expanding. The 22,000 jobs will be in store management, pharmacies, human resources, customer service, cashiers, and sales staff. <br /><br />WMT says that its customer base is expanding thanks to the economic downturn, as shoppers are looking for lower prices during tough economic times. That said, the company has jettisoned 1,800 employees since the year began -- with 700 to 800 positions cut at its corporate headquarters, 400 when it closed a regional return center in Georgia, and 650 cut when WMT closed an eyewear facility in Ohio.<p><a href="http://www.bloggingstocks.com/2009/06/04/wal-mart-promises-plenty-of-new-jobs/" rel="bookmark">Continue reading <em>Wal-Mart promises plenty of new jobs</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2009/06/04/wal-mart-promises-plenty-of-new-jobs/">Wal-Mart promises plenty of new jobs</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Thu, 04 Jun 2009 11:20:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.bloggingstocks.com/2009/06/04/wal-mart-promises-plenty-of-new-jobs/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/19057492/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2009/06/04/wal-mart-promises-plenty-of-new-jobs/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>job creation</category><category>JobCreation</category><category>jobs</category><category>new jobs</category><category>NewJobs</category><category>retail</category><category>retail sales</category><category>RetailSales</category><dc:creator><![CDATA[Mark Fightmaster]]></dc:creator><pubDate>Thu, 04 Jun 2009 11:20:00 EST</pubDate></item></channel></rss>
