Filed under: Jobs/employment

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Stimulus anniversary: Illinois job growth lags

Tribune staff report | On the one-year anniversary of the federal stimulus package, President Barack Obama defended his plan and accused Republicans of scoffing at the stimulus while enjoying its benefits.

“There are those, let’s face it, across the aisle who have tried to score political points by attacking what we did, even as many of them show up at ribbon-cutting ceremonies for projects in their districts,” Obama said, according to a Reuters report.

In Illinois, some jobs have been created. According to Recovery.gov, the
official Web site tracking the stimulus spending, about 11,280 Illinois
jobs were saved or created from February 2009 to September 2009.
Illinois received about $7.75 billion in funds from the stimulus package
during the past year.

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White House: U.S. will add 95K jobs a month

CBB-job-fair-shot-feb11.jpgFilling out an application while standing in line at a job fair in Detroit Wednesday. (AP Photo/Paul Sancya)

Associated Press | The United States is likely to average 95,000 more jobs each month this year, while personal savings will remain high as credit remains tight, according to a White House report released Thursday.

The Council of Economic Advisers also trumpeted the $787 billion economic stimulus package, which it said has saved or created about 2 million jobs.

See also
• First time jobless claims fall more than expected

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Job openings dwindle to 1 for every 6.1 unemployed

Associated Press | Finding a job got much tougher last year, as
the number of available openings fell by nearly one quarter. At the
same time, the unemployed population soared by more than one-third,
leaving more laid-off workers competing for fewer jobs.

All told, there were 6.1 unemployed workers in December, on average,
for every available position, according to Labor Department data
released Tuesday.

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Survey: 37% of workers have dated a colleague

officeromance.jpgSurvey finds there are a lot of Jim and Pam’s out there having office romances. (Paul Drinkwater/NBC Entertainment)

 By Mary Ellen Podmolik | Companies may have taken away expense accounts and overtime but there’s one thing they can’t take away: the office romance.

Some 37 percent of workers said they’ve dated a co-worker at some time
in their careers and 32 percent of people said they eventually married
the person they dated at work, according an annual poll of of 5,200
people by CareerBuilder.

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Unemployment rate drops to 9.7% despite losses


jobs.jpgResume review at the BostonHires job fair. (AP Photo/Steven Senne)

By Don Lee | The U.S. unemployment rate unexpectedly dropped to 9.7 percent in January from 10 percent in the prior month, but employers eliminated another 20,000 net jobs over the month, the government said today in a report that shows the labor market has yet to turn the corner despite the return of growth to the economy.

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Reid: Senate will take up jobs bill next week

Associated Press | Senate leaders plan to pass a jobs bill next week as key Democrats and Republicans neared agreement Thursday on a proposal to give businesses a tax break for hiring unemployed workers.

Passage would mark a rare bipartisan achievement in a Congress that has been sharply divided along political lines.

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Productivity up as companies squeeze more from workers

Associated Press | Worker productivity rose more than expected in the October-December quarter as companies squeezed more output from their employees. The Labor Department said Thursday that productivity rose by a seasonally adjusted 6.2 percent in the fourth quarter, above analysts’ expectations of a 6 percent rise.

See also
• New jobless claims jump unexpectedly to 480,000 as layoffs continue

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Wal-Mart laying off 300 workers

Associated Press | Wal-Mart Stores Inc. is cutting 300 administrative jobs at its
headquarters as it completes a yearlong series of changes to improve
performance. The company has cut almost 14,000 jobs in the past 13
months.

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ADP: Jobs declined by 22,000 in January


blog-JOBS.jpgBy Gail MarksJarvis
|
The just released ADP National Employment Report shows nonfarm private employment declined 22,000 in January.  Although that’s still bad news for job seekers, it is a little better than expectations.  Economists in a Bloomberg survey had estimated a 30,000 decline.

More on what it means: MarksJarvis on Money

Unemployment rises in 82% of metro areas

Associated Press | Unemployment rose in most cities and counties in December, signaling that companies remain reluctant to hire even as the economy recovers.

The unemployment rate rose in 306 of 372 metro areas, the Labor Department said Tuesday. The rate fell in 41 and was unchanged in 25. That’s worse than November, when the rate fell in 170 areas, rose in only 154 and was unchanged in 48

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Obama: ‘Jobs No. 1 focus in 2010′

The Swamp | “Jobs will be our number one focus in 2010,” President Barack Obama plans to say at a town hall-styled appearance in Nashua, N.H., today. “And we’re going to start where most new jobs do – with small businesses. ” This could mark the start of a reset agenda for a White House still struggling to enact health-care reform while sharpening its focus on job creation.

More about the president’s jobs plan: The Swamp

Obama’s $3.83 trillion budget to focus on job creation

Associated Press | President Barack Obama unveiled a multitrillion-dollar spending plan
Monday, pledging an intensified effort to combat high unemployment and
asking Congress to quickly approve new job-creation efforts that would
boost the deficit to a record-breaking $1.56 trillion.

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