November 06, 2009
AP Analysis: 10% unemployment is Obama’s new world
A year after his election Obama finds it increasingly difficult to blame the sour economy on George W. Bush or offer reassurances that jobless Americans will soon find workPresident Obama signs homebuyer, jobless bill assistance
The $24 billion economic stimulus bill gives tax incentives to prospective homebuyers and additional jobless benefits to those idled by the business slump.Economy in Crisis: Unemployment rate tops 10% for first time since 1983
The rising jobless rate could threaten the recovery if it saps consumers' confidence and makes them more cautious about spending as the holiday season approachesNovember 05, 2009
Federal official says economic stimulus is helping Virginia‘s small businesses
The SBA has provided more than 2,000 loans worth nearly $280 million to the state's small entrepreneursEconomy in recovery: October sales offer relief to merchants
October's retail sales results, the best performance since April 2008, show that Americans are spending a little moreEconomy in Crisis: Jump in productivity puts job creation in doubt
Companies across the economy are finding ways to do more with fewer workers, dimming hopes that hiring will take off anytime soonNovember 04, 2009
Senate acts to extend unemployment aid, homebuyer tax credit
The Senate has voted to give the jobless up to 20 weeks of additional unemployment benefits and significantly expand a tax credit program aimed at getting buyers back into the dormant housing marketEconomy in Recovery: ISM’s service sector index grows again in October
The U.S. service sector grew for a second straight month in October, but at a slower pace than in September, as a broad economic recovery creeps alongFederal Reserve again pledges to hold interest rates at record-lows
The Fed said economic activity has "continued to pick up" and that the housing market also has grown stronger, a key ingredient to a sustained recoveryNovember 02, 2009
Study estimates nearly half of children in U.S. will get food stamps
The estimate comes from an analysis of 30 years of national data, and it bolsters other recent evidence on the pervasiveness of youngsters at economic riskObama says hiring last to come as economy rebounds
"We just are not where we need to be yet," Obama said as he met with a panel of economic advisers. "We've got a long way to go."3 strong economic reports lift recovery hopes
Still, with jobs scarce, lending tight and consumers wary of spending, it's unclear whether the gains can be sustained as government stimulus programs wind downSouthside manufacturers see increase in business
Local manufacturers say they’re seeing marginal to substantial growth in business, yet still remain cautious about the economy.October 30, 2009
Government says stimulus saved or created 650,000 jobs
The White House said it is on track to reach the president’s goal of 3.5 million jobs by the end of next yearOctober 29, 2009