Talgo Inc., a Spanish-based train company, is opening a new plant in Milwaukee that will immediately create 125 new jobs. Chief Executive Officer Antonio Perez said Tuesday the facility will be used to assemble and maintain high-speed trains in the United States. About 450 more supply jobs will be created to support operations, Perez said. The [...]
Continue reading...Thursday, February 11, 2010
The White House is predicting a slow but steady job recovery for 2010. According to President Obama’s chief economist, Christina Romer, the White House anticipates job growth of 95,000 per month for this year but doesn’t expect significant movement in the unemployment percentage. This prediction mirrors many private forecasts, and the White House may be trying [...]
Continue reading...Wednesday, January 13, 2010
The White House reported Tuesday night that President Obama’s $787 billion stimulus package has helped create or save between 1.5 million and 2 million jobs. The findings were outlined in the administration’s second quarterly report to Congress on the stimulus package’s economic impact. According to the report, about one-third of the $787 billion package has either [...]
Continue reading...Tuesday, December 8, 2009
As anticipated, President Obama is proposing using some of the $200 billion in TARP money that has already been repaid by banks to fund infrastructure improvements that would both provide jobs and fix badly outdated portions of our transportation and information infrastructure. In addition, the President proposed tax cuts for small businesses and individual [...]
Continue reading...Monday, December 7, 2009
President Obama is giving a speech tomorrow in the wake of his job summit in which he is expected to float the idea of using as much as $200 billion in unspent TARP money for job creation. If approved, it will be up to Congress to iron out the details, but Democrat leaders in [...]
Continue reading...Tuesday, October 27, 2009
The White House announced today that the federal government is investing $3.4 billion to modernize the nation’s energy grid. One hundred companies, agencies and other institutions received federal money today. The plan calls for a number of different improvements to the energy grid including improvements to energy production and transmission that will lower [...]
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Tuesday, March 2, 2010
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