Georgia Works is among the training programs President Obama is considering as part of his new federal jobs program, to be announced next week. It has been called a success by some, but has been criticized for how participants are paid. It's also unclear how successful a similar program would be at the national level.
Next Thursday, President Obama will present his jobs proposal before Congress. Democratic supporters hope his plan will offer a rallying point to excite his base, rather than a compromise Republicans may agree to.
A report says the upstate New York region has the highest concentration of green jobs in the country. Another surprising name in the top 10: northeast Ohio. But critics say the numbers of jobs created are too few to justify the use of federal stimulus dollars.
The unemployment rate is expected to tick up slightly to 9.2 percent. Two years ago, it was 9.5 percent. The reason for that decline: People are dropping out of the labor force and are no longer looking. It's the first time in a half-century that the labor force is decreasing, a development with long-term negative implications.
When President Obama unveils his jobs plan to Congress next week, he'll have to balance his desire for spending on programs that might stimulate the economy against the nation's current appetite for cost-cutting. We examine the pros, cons and politics of six proposals that might make Obama's list.
In 2010 President Obama gave a speech at the plant of a solar panel manufacturer in Fremont, Calif., saying "the future is here." That company, called Solyndra, has now declared bankruptcy. Melissa Block speaks with Bay Area business reporter George Avalos about what went wrong.
Goldman Sachs' mortgage subsidiary agreed to stop many of its controversial mortgage-related practices, including robo-signing mortgage paperwork. And the Federal Reserve announced action against Goldman to address a pattern of misconduct and negligence in how the firm handled mortgage loans and foreclosures via the subsidiary.
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