The White House is taking today’s employment report as a sign that the economy is healing from “the wounds inflicted” by the worst downturn since the Great Depression, while warning Congress against creating any “self-inflicted wounds.” Such as the looming...
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Photograph by Paul Sancya/AP Photo
Job seekers at a job fair in Southfield, Michigan.
White House Warns of ‘Self-Inflicted’ Wounds for a Recovering Economy
Photograph by Munir uz Zaman/AFP via Getty Images
U.S. Army soldiers attached to 2nd platoon, C troop, 1st Squadron (Airborne), 91st U.S Cavalry Regiment, 173rd Airborne Brigade Combat Team operating under NATO sponsored International Security Assistance Force (ISAF) looks through his rifle as a Medevac helicopter takes off during a patrol near Baraki Barak base in Logar Province on Oct. 13, 2012. T
Defense Cuts: Unavoidable, Despite GDP Contraction Pinned on Defense?
Written with Richard Rubin Just as the U.S. gross domestic product is taking a hit from lower defense budgets, federal spending cuts viewed as unthinkable a few months ago — $1.2 trillion falling heavily on the Pentagon — are seen...
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Photograph by David Paul Morris/Bloomberg
A job seeker, right, speaks with a recruiter during a HIREvent job fair in San Jose, California.
Krueger: Jobs Report a Reminder — Middle-Class Tax Relief Essential
The White House is taking today’s jobs report — with unemployment declining to 7.7 percent in November — as another sign of the imperative for approving the tax plan the president is pressing in deficit talks. Alan Krueger, chairman of...
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Photograph by Victor J. Blue/Bloomberg
Workers build a wing tip for a C-5 cargo plane at the CPI Aerostructures Inc. manufacturing facility in Edgewood, New York.
Economic Indicators at Election Eve — White House: `Right Direction’
Updated at 10:45 am EDT Gross domestic product up. Unemployment down. Housing starts up. Consumer confidence up. With one more federal report on employment to come the Friday before Election Day, Nov. 6. All told, a series of indicators on...
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Photograph by John Moore/Getty Images
Job applicants meet potential employers at the NYC Startup Job Fair held in New York City.
7.8% Jobless: Obama Campaign Gift
Updated again at 11:35 am EDT Direct mailings to voters in Virginia are calling three-and-a-half years of unemployment over 8 percent “a hammer blow to America’s middle-class families. ” It is part of Republican Mitt Romney’s persisting message: Voters have...
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Photograph by Sam Hodgson/Bloomberg
Job seekers in El Cajon, California.
Bloomberg by the Numbers: 43 and 30
Forty-three is the number of consecutive months in which the U.S. unemployment rate has been above 8 percent. The unemployment rate fell to 8.1 percent in August from 8.3 percent in July. Thirty is the number of consecutive months in...
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Photograph by Joe Raedle/Getty Images
A ''Now Hiring'' sign is seen in a store front window in Miami Beach, Florida.
What a Jobs Report Memo to a President Looks like
Correction: In the 8th paragraph, the estimated number of new jobs added to the economy is 130,000 in the month of August, not 110,000. Before President Barack Obama speaks tonight, he will likely receive a memo that could predict the...
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Photograph by Scott Eells/Bloomberg
A job seeker speaks with an employer at the Veterans On Wall Street job fair in New York.
Jobs Added: 163,000 — Unemployment Rate Rises: 8.3 pct
Updated at 9:25 am and 9:45 am EDT The monthly gain in jobs in July has nearly doubled the past two months’ anemic reports — and nearly tripled the revised gain for June. Yet the unemployment rate has inched up...
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Photograph by Justin Lane/EPA
A job fair at a state office building in Brooklyn, New York.
Fist-Bump or Moment of Silence — How the Jobs News is Delivered
For a jump on the nation’s monthly unemployment and payroll figures, watch who walks a brown envelope from the Eisenhower Executive Office Building to the West Wing tonight. Caveat: You probably can’t get a good view, because you don’t have...
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Photograph by David Goldman/AP Photo
A customer at a Lowe's store in Atlanta.
Bloomberg by the Numbers: 1.5
That was the annual rate increase in the U.S. gross domestic product in this year’s second quarter, according to Commerce Department statistics released today. The increase was smaller than the revised 2 percent gain in the previous quarter. Surrogates for...
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Contributors
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Al Hunt
is a columnist for Bloomberg View and host of the weekly show "Political Capital with Al Hunt" on Bloomberg TV. -
Mark Silva
is deputy managing editor for government news in Washington and editor of Political Capital. He has covered the White House and national politics. -
Emma Fidel
is political editor for Bloomberg.com in Washington. She previously covered financial regulation as a Bloomberg intern. -
Don Frederick
edits political and government coverage for Bloomberg News. He previously worked for more than a decade at the Los Angeles Times' Washington bureau. -
Gregory Giroux
analyzes elections, financing of congressional and presidential elections, political advertising and demographics in Bloomberg's Washington Bureau. -
Julie Bykowicz
covers the influence of money and lobbying in Washington, and covered the state legislature and city crime for the Baltimore Sun for 10 years. -
Jonathan Salant
covers campaign finance and lobbying in Washington. He was president of the National Press Club and started in Washington in 1987. -
Richard Rubin
covers federal tax policy. He worked at Congressional Quarterly and The Charlotte Observer before joining Bloomberg News in 2010. -
Julie Hirschfeld Davis
is a senior political reporter for the Washington Bureau. She covered the 2012 campaign for Bloomberg News and previously covered the White House for the Baltimore Sun. -
Lisa Lerer
covers the White House and covered the 2012 campaign for Bloomberg News. She covered Congress, lobbying and the 2008 campaign for Politico. -
John McCormick
is a national political reporter looking forward to the 2016 presidential campaign, which will be the fifth he's covered. He's also reported for The Des Moines Register and Chicago Tribune. -
Julianna Goldman
covers the White House for Bloomberg News and Bloomberg Television. -
Hans Nichols
covers the White House for Bloomberg News and Bloomberg Television. -
Margaret Talev
covers the White House for Bloomberg News and covered the White House for McClatchy Newspapers. She has covered California and Florida politics. -
Cary O'Reilly
is Editor at Large at Bloomberg First Word and is Washington Daybook columnist for Bloomberg Government and Bloomberg News.
