Job growth at fastest pace in three years in March
The Labor Department reports the United States added 162000 jobs in March led by the census and private sector gains of 123000. Unemployment remained at 9.7 percent for a third straight month as economists warn the rate may stay above 9 percent through the midterm elections.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Chris Rupkey
Bank of Tokyo-Mitsubishi
Congress
Michigan
Nevada
Rhode Island
Barack Obama
Charlotte
N.C
House
John Boehner
Obama hails jobs report as encouraging sign in slow recovery
President Obama welcomed Labor Department data showing 162,000 payroll gains in March, the most in nearly three years, while unemployment stayed at 9.7 percent. He noted underemployment at 16.9 percent and highlighted hiring in education, health, and government as the economy slowly turns the corner with continued job growth anticipated in sectors like food services and hospitality.
MENTIONED IN THIS ARTICLE
Charlotte
N.C
Barack Obama
Obama
Labor Department
Paul Ashworth
Capital Economics
Sodexo Inc
Maryland
Arie
South Carolina Wins $12.68 Million From Pfizer Deal
Pfizer settles with South Carolina for 12.68 million dollars in cash and drugs over disputed sales tactics. The state would receive about 11 million in cash plus over 1.5 million in medications for free clinics, minus prior multistate assumptions.
MENTIONED IN THIS ARTICLE
Columbia
S.C
South Carolina
Pfizer Inc
Pfizer
Justice Department
District of Columbia
Henry McMaster
McMaster
Mark Plowden
Plowden
Bond funds aid Ford plant renovation in Ohio
Ohio treasurer says 6.1 million in bonds from the Ohio Enterprise Bond Fund will finance the purchase and renovation of a 1.9 million square foot former Ford factory in Clermont County. Industrial Realty Group will market the site to tenants, aiming for long term job growth after the 2008 Batavia Township plant closure.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Ford Motor Co
Kevin Boyce
Ohio Enterprise Bond Fund
Industrial Realty Group
Clermont County
Boyce
IRG
Ford
Batavia Township
Feds order gutting of homes with Chinese drywall
The Consumer Product Safety Commission says thousands of U.S. homes tainted by Chinese drywall must be gutted including removal of wiring, outlets, breakers, alarms, pipes and drywall. Officials warn of health risks from hydrogen sulfide and formaldehyde while homeowners debate who pays for repairs.
MENTIONED IN THIS ARTICLE
New Orleans
U.S
Consumer Product Safety Commission
Inez Tenenbaum
The
Commission
Florida
Virginia
Mississippi
Alabama
Louisiana
Tenenbaum
Bill Nelson
D-Fla
China
Nelson
Congress
Federal Emergency Management Agency
Eldon Fallon
Knauf Plasterboard Tianjin Co
US S
Thou
Sands
Jordan Chaikin
Chaikin
Knauf Plasterboard
Daniel Beenel
Sean Payton
New Orleans Saints
Cape Coral
Fla
Joyce Dowdy
Sonny
Randy Noel
Louisiana Home Builders Association
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Stafford Muller
Fremont
Calif
Janis Barat
San Jose
Fairfax
Merrifield Garden Center
Peter Hogarth
Food and Drug Administration
Bextra
Ford Plant
Alfonso Sanchez
Davie