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, 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 [...]
Continue reading...Wednesday, February 4, 2009
The White House released job-creation estimates from the economic recovery package for the Eastern states on Tuesday Afternoon. The estimates assert that the package will save or create 3 million to 4 million jobs. 800,000 of those jobs will be in 10 states in the Eastern part of the country. Massachusetts can expect to see 83,000 jobs [...]
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Thursday, February 11, 2010
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