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Obama Rejects Criticism of Black Caucus

It's a 'mistake' to focus on 'particular ethnic segments,' he says

(Newser) - President Obama says he understands the frustrations of the Congressional Black Caucus, but thinks it would be a "mistake" for him to focus too exclusively on the plight of black Americans in the recession. "The most important thing I can do for the African-American community is the same...

Obama Summit Tackles Jobs
 Obama Summit Tackles Jobs 

Obama Summit Tackles Jobs

Event will coincide with the release of November unemployment stats

(Newser) - The Obama administration will hold a much-hyped jobs summit today, bringing 130 guests—including labor leaders and a host of big-name CEOs—to brainstorm ideas for tackling unemployment. The event also just happens to coincide with the release of November’s unemployment figures, which aren’t expected to be pretty—...

Employers Offer More OT, Fewer New Jobs
 Employers Offer 
 More OT, Fewer New Jobs 
green shoots

Employers Offer More OT, Fewer New Jobs

Brightening economy results in more overtime, fewer new jobs

(Newser) - Manufacturers skeptical about economic improvement are hedging their bets and forgoing hiring in favor of scheduling overtime work to fill welcome new orders. The tactic may be working for now—employees surely aren’t complaining—but the phenomenon is likely to be short-lived. “Overtime is more costly,” an...

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