The House passed a bill Tuesday afternoon providing $26.1 billion to cash-strapped state governments, and preventing roughly 161,000 teachers and 158,000 public works employees from being laid off. The vote was 247-161.
Minorities and women are still underrepresented in the boardrooms of Fortune 500 companies, lagging far behind the national population percentages, according to U.S. Sen. Robert Menendez, a Democrat out of Hoboken.
President Obama cited the slight increase in private-sector job creation today, but added that “climbing out of any recession — much less a hole as deep as this one — takes some time.”
WASHINGTON (AP) — Companies showed a lack of confidence about hiring for a third straight month in July, making it likely the economy will grow more slowly the rest of the year. The unemployment rate was unchanged at 9.5 percent.
From CNN.com: A bill that restores unemployment benefits to 2.5 million jobless Americans passed the Senate and goes to the House on Thursday. It is expected to pass there are well.
