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France says Greek PSI talks going "relatively well" (Reuters)
Reuters - France's finance minister said on Sunday talks were moving "relatively well" on the private sector portion of a Greek bailout, but discussions designed to bring its debt down to 120 pct of GDP level by 2020 were difficult.more
Obama presses Congress to pass aid to homeowners (Reuters)
Reuters - President Barack Obama on Saturday pressed lawmakers to pass his proposal to provide up to $10 billion in aid to struggling homeowners, saying a failure to address the housing crisis would put the rest of the economy at risk.more
Dealer group sees higher US auto sales and prices (AP)
AP - Car buyers will likely pay more for new and used cars this year as the economy improves.more
Hiring surges in January; jobless rate at 8.3 pct. (AP)
AP - In a long-awaited surge of hiring, companies added 243,000 jobs in January — across the economy, up and down the pay scale and far more than just about anyone expected. Unemployment fell to 8.3 percent, the lowest in three years.
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Obama pushes for veterans jobs programs (AP)
AP - In an effort to cut the unemployment rate among veterans, President Barack Obama is calling for a new conservation program that would put veterans to work rebuilding trails, roads and levees on public lands.more
Unemployment falls sharply in US, rises in Europe (AP)
AP - Unemployment falls sharply in US, rises in Europemore
Jobless rate at 3-year low as payrolls surge (Reuters)
Reuters - The United States created jobs at the fastest pace in nine months in January and the unemployment rate unexpectedly dropped to a near three-year low, giving a boost to President Barack Obama.more
California to borrow internally to raise cash (Reuters)
Reuters - California Governor Jerry Brown signed a bill on Friday allowing the state government to borrow from internal funds to build up its cash, which the controller earlier this week said was quickly dwindling.more
A sample of companies that are hiring, at a glance (AP)
AP - Employers across a range of industries have stepped up hiring. The economy gained 243,000 jobs in January, the most since last April. The hiring spree helped lower the unemployment rate for a fifth straight month, to 8.3 percent.more
Obama plan would hire vets as cops, firefighters (Reuters)
Reuters - President Barack Obama on Friday announced measures to hire Iraq and Afghanistan veterans to restore national parks and work as police and firefighters in a bid to cut veterans' above-average unemployment rate.more
Oil prices rise after drop in US hiring expands (AP)
AP - A surge in U.S. hiring lifted oil prices for the first time in a week. As more Americans commute to work and the economy picks up, demand for energy is expected to rise.
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Unemployment rate hinges on more than job gains (AP)
AP - For most people, the 8.3 percent unemployment rate is the most visible sign of the economy's health. The rate's every movement is closely watched, especially in an election year.more
Year-over-year unemployment rates by age and sex (AP)
AP - Year-over-year unemployment rates by age and sexmore
Jobs numbers boost Obama, needs lasting trend (Reuters)
Reuters - An unexpectedly strong jobs report on Friday boosted President Barack Obama's re-election prospects, but the trend must last to deny his opponents the biggest cudgel they have to bash him before the November election.more
U.S. Companies 'Yammer' for a Productivity Revolution (ContributorNetwork)
ContributorNetwork - SAN FRANCISCO -- In a pleasant surprise, the Department of Labor has reported an another increase in total nonfarm employment. The U.S. added 243,000 jobs in January, ticking the unemployment rate to 8.3 percent.more
Obama tells Congress: "don't muck up" U.S. recovery (Reuters)
Reuters - Jobs figures released on Friday show the U.S. economy is growing and healing, President Barack Obama said, calling on Congress to pass a payroll tax extension and avoid sabotaging the recovery.more
Obama: Economic recovery speeding up (AP)
AP - President Barack Obama says the U.S. economy is growing stronger and the economic recovery is speeding up.more
US service industry growth surges in January (AP)
AP - U.S. service companies grew at the fastest pace in 11 months in January as companies started hiring to keep up with rising demand.
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January service sector growth highest in nearly a year: ISM (Reuters)
Reuters - The pace of growth in the U.S. services sector accelerated in January to its highest level in nearly a year as new orders and employment jumped, an industry report showed on Friday.more
White House's Krueger pushes extending payroll tax cut (Reuters)
Reuters - President Barack Obama's top economist called on Congress to extend a payroll tax cut and unemployment benefits which he said would help maintain economic momentum.more