Political Capital

Jobs


Employees work on the assembly line installing parts on the Duratech 35 V6 engine at the Ford Motor Co. Engine Plant in Lima, Ohio, U.S. on Friday, March 28, 2014. Ford announced it will invest $500 million to upgrade the plant to support production of the new 2.7-liter EcoBoost designed for 2015 F-150.

Photograph by Ty Wright/Bloomberg

Employees work on the assembly line installing parts on the Duratech 35 V6 engine at the Ford Motor Co. Engine Plant in Lima, Ohio, U.S. on Friday, March 28, 2014. Ford announced it will invest $500 million to upgrade the plant to support production of the new 2.7-liter EcoBoost designed for 2015 F-150.

Bloomberg by the Numbers: 74

It took 74 months for U.S. private employment to exceed the pre-recession peak of 116 million in January 2008. Payrolls excluding government agencies rose by 192,000 workers in March, bringing total private employment to 116.1 million, according to the Labor...

Read more »

A job seeker at the Recruit Military veteran job fair in San Diego.

Photograph by Sam Hodgson/Bloomberg

A job seeker at the Recruit Military veteran job fair in San Diego.

Veterans Seeking Capitol Hill Work Gain Their Own Caucus

Congress repeatedly has urged employers to do more to hire veterans — even creating an “I Hire Veterans” initiative through the bipartisan Congressional Veterans Jobs Caucus in 2012. The campaign encouraged private businesses and lawmakers to display an “I Hire...

Read more »

Job seekers speak with representatives at the Recruit Military veteran job fair in San Diego, California, on Feb. 27, 2014.

Photograph by Sam Hodgson/Bloomberg

Job seekers speak with representatives at the Recruit Military veteran job fair in San Diego, California, on Feb. 27, 2014.

Bloomberg by the Numbers: 59

Fifty-nine senators voted yesterday to renew extended unemployment benefits through May. The Senate passed a compromise negotiated by Rhode Island Democrat Jack Reed, Nevada Republican Dean Heller and eight other senators from both parties. “The Emergency Unemployment Compensation program, which...

Read more »

President Barack Obama looks over a student's work as he visits a classroom at Bladensburg High School in Bladensburg, Md. on April 7, 2014.

Photograph by Carolyn Kaster/AP Photo

President Barack Obama looks over a student's work as he visits a classroom at Bladensburg High School in Bladensburg, Md. on April 7, 2014.

Obama Goes to School in Biology

The president went to school in biology today. At Bladensburg High School, in Maryland just outside the District of Columbia, President Barack Obama was announcing the winners of Youth Career Grants. The project of the Departments of Education and Labor...

Read more »

A U.S. M1A2 SEP Abrams battle tank fires live rounds in Pocheon, South Korea.

Photograph by Chung Sung-Jun/Getty Images

A U.S. M1A2 SEP Abrams battle tank fires live rounds in Pocheon, South Korea.

Army Tanking Tanks: General Dynamics Battles for $230 Million

From Bloomberg Government’s Congress Tracker: Emboldened by last year’s success — when Congress agreed to spend $90 million on upgraded battle tanks the Pentagon didn’t want — General Dynamics Corp. is asking for more. The Falls Church, Virginia-based company, is...

Read more »


Job seekers at a job fair in New York on Jan. 16, 2014.

Photograph by Victor J. Blue/Bloomberg

Job seekers at a job fair in New York on Jan. 16, 2014.

Brookings Papers Turn Conventional Wisdom on Its Head

As The Brookings Institution holds its Spring 2014 Papers on Economic Activity conference, a summary of some interesting findings: One in three American households live hand-to-mouth, spending every disposable penny they make. Two-thirds of them aren’t poor, a paper by...

Read more »

President Barack Obama hugs Julie Chavez Rodriguez, White House Deputy Director of Public Engagement and granddaughter of civil rights leader Cesar Chavez, before a screening of a movie at the White House, on March 19, 2014 in Washington, DC.

Photograph by Mark Wilson/Getty Images

President Barack Obama hugs Julie Chavez Rodriguez, White House Deputy Director of Public Engagement and granddaughter of civil rights leader Cesar Chavez, before a screening of a movie at the White House, on March 19, 2014 in Washington, DC.

Obama Welcomes Chavez Family at Screening: ‘DVD!’ They Correct

In front of an audience of the late Cesar Chavez’s family members and Hollywood glitterati, President Barack Obama hailed the labor leader’s legacy as part of what’s pushing him to get immigration overhauled. “If we stay united, things will happen,”...

Read more »

A General Electric Co. (GE) manufacturing plant in Montrose, U.K.

Photograph by Simon Dawson/Bloomberg

A General Electric Co. (GE) manufacturing plant in Montrose, U.K.

Bloomberg by the Numbers: $2.5 Billion

General Electric Co.’s Russia unit had earnings of $2.5 billion in Russia and the Commonwealth of Independent States, a loose grouping of ex-Soviet Republics that includes Ukraine, and 3,400 employees in 2012. The figures call attention to how the biggest...

Read more »