Obama says policies have created jobs, but hiring will be slow in recovery

September 20th, 2009 Obama not yet prepared to declare recession overWASHINGTON — President Barack Obama isn't ready to close the book on the recession. Only last week Federal Reserve Chairman Ben Bernanke said the worst recession since the 1930s was probably over.

September 10th, 2009 White House cautiously optimistic on stimulus jobsWASHINGTON — White House economists said Thursday that the Obama administration's recovery efforts have saved or created more than 1 million jobs, an estimate that underscored a cautiously optimistic forecast about the direction of the economy. President Barack Obama has promised that his $787 billion stimulus plan will create or save 3.5 million jobs by the end of next year.

September 10th, 2009 White House reports 1 million jobs saved, createdWASHINGTON — White House economists said Thursday that the Obama administration's recovery efforts have saved or created more than one million jobs so far, an optimistic report that economists cautioned was preliminary and uncertain. President Barack Obama has promised that his $787 billion stimulus plan will create or save 3.5 million jobs by the end of next year.

September 3rd, 2009 Stock futures stay positive after jobs dataNEW YORK — The latest reading on the labor market is giving investors some hope that the economy is healing. Stock futures held on to most of their early gains after the Labor Department said employers cut a total of 216,000 jobs in August, less than the 276,000 jobs lost in July and better than the 225,000 job losses analysts had been expecting.

August 18th, 2009 NEW DELHI - Hiring activity picked up in five metros, including Delhi and Mumbai, in July with employers from pharma, auto and IT sectors leading the recruitment drive, according to a survey. A three-month moving hiring average for sectors like real estate, semiconductors, banking, auto and IT showed that recruitment was up in these industries as compared to previous quarters, the hiring scenario survey by leading recruitment portal naukri.com said.

August 10th, 2009 Meltdown 101: Why unemployment will lingerThere is a growing sense among economists that the worst of the recession might be over. Unfortunately, the same can't be said for the labor market.

July 27th, 2009 Verizon to cut 8,000 jobsNEW YORK — Phone company Verizon says it will cut 8,000 jobs from among employees and contractors before the end of the year to keep costs in line as the recession saps demand from businesses for telecommunications services. Executives said the cuts will come from the wireline side of the business.

July 14th, 2009 Obama: Unemployment likely to keep ticking upWASHINGTON — President Barack Obama on Tuesday declined to predict how high unemployment will climb but made clear he expects it to keep worsening for a while as hiring lags behind other signs of economic recovery. "How employment numbers are going to respond is not year clear," the president said on a day when he was headed to Michigan, home of a particularly battered economy.

June 30th, 2009 NEW DELHI - The banking sector, which hired 16,200 people in the first quarter this fiscal, remained the biggest job provider in the country during the period, an industry lobby survey said. The country's largest lender, State Bank of India, alone created 13,000 jobs, while Danalakshmi Bank and Andhra Bank recruited 1,300 and 900 people respectively, the survey by the Associated Chambers of Commerce and Industry (Assocham) said.

June 23rd, 2009 Mont. city ends policy seeking Internet passwordsBOZEMAN, Mont. — The Bozeman City Commission has voted to eliminate a hiring policy that allowed the city to look at information found on social networking sites in considering job applications.

June 8th, 2009 Obama promises more than 600,000 stimulus jobsWASHINGTON — President Barack Obama says the United States remains in a deep recession that will take considerable time to escape. Obama met at the White House with his top administration officials on Monday to hear an update on his $787 billion spending plan.

May 12th, 2009 Job openings scarce even as layoffs slowWASHINGTON — Companies may be laying off workers at a slower pace, but that doesn't mean more businesses are hiring. There were 2.7 million jobs available nationwide in March, according to a government report released Tuesday, down from 3 million in February and 4 million a year ago.

May 8th, 2009 Layoffs slow to 539K in April; jobless rate risesWASHINGTON — The pace of layoffs slowed in April, with employers cutting 539,000 jobs, the fewest in six months. But the unemployment rate climbed to 8.9 percent as many businesses remained wary of hiring given all the economic and financial uncertainties.

April 30th, 2009 Obama hails passage of $3.4 trillion budgetWASHINGTON — President Barack Obama says the $3.4 trillion budget that Congress wrapped up builds on the steps he's taken to move the economy from recession to recovery and eventually prosperity. Shortly after the Senate voted to pass the measure Wednesday, Obama said the budget builds what he's done in his first 100 days.

April 1st, 2009 NEW DELHI - Hiring activity in February saw a 5 percent increase over that registered the previous month, according to the Naukri.com, an online headhunter. The Naukri job index was at 774 for February, 5 percent up from January, thanks to an improved job situation in cities such as Delhi, Ahmedabad and Chandigarh.