Experts propose ideas for Obama's job summit
A panel of economists and business leaders outline four strategies to spur hiring amid a 10.2 percent unemployment rate. They advocate work sharing to avoid layoffs, a payroll tax holiday to reduce costs, and a revived New Deal style direct job creation program. The piece cites Taco Inc. and Gary, Indiana, schools as examples and highlights the potential impact on consumer spending and employment.
MENTIONED IN THIS ARTICLE
Barack Obama
Associated Press
Taco
Kyle Adamanis
Washington
Bill Tracy
Jersey City
N.J
Nixon
Tracy
Ers
Lawrence
Lew Wallace
Stem Academy
Unemployment rises in most metro areas in October
Washington October unemployment worsened or held steady in most metro areas as jobs remained scarce nationwide. The Labor Department reported 162 of 372 areas with higher rates, 42 unchanged, and 168 lower. The national rate jumped to 10.2 percent from 9.8 percent.
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Washington
Labor Department
Obama
White House
Labor de
Partment
U.S
Metro
Harvard Law ends Public Service Initiative program
Harvard Law School will suspend its Public Service Initiative for future classes and stop offering a year of free tuition to graduates who pursue public service law. Dean Martha Minow announced the change in an internal email citing investment losses and higher-than-expected enrollments at the law school.
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Cambridge
Mass
Harvard University
Law School
Martha Minow
Minow
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