Archive for February 6th, 2015

06
Feb
15

A Tweet Or Two

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06
Feb
15

Chat Away

06
Feb
15

President Obama Speaks at Ivy Tech Community College

2:15 EST: President Obama Speaks at Ivy Tech Community College and takes Questions from Students and Faculty

06
Feb
15

Jobs, Jobs, Jobs. Thanks, President Obama

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Victoria Stilwell: Jobs Report Crushes It

The U.S. labor market leaped forward in January, capping the greatest three-month jobs gain in 17 years and delivering the biggest wage increase since 2008. Payrolls advanced by 257,000 last month following increases in December and November that were even bigger than previously reported, figures from the Labor Department showed Friday in Washington. The unemployment rate rose to 5.7 percent from 5.6 percent as more than a million Americans streamed into the labor force seeking work. The sustained employment gains are creating a virtuous cycle as Americans spend newfound incomes on goods and services. The growth in jobs will probably help assure Federal Reserve policy makers that the expansion is well-rooted and can withstand an increase in interest rates later this year.

“These are pretty amazing numbers,” said Nariman Behravesh, chief economist at IHS Inc. in Lexington, Massachusetts, and the top forecaster of payrolls over the last two years, according to data compiled by Bloomberg. “The January number is strong, but then you’ve got sizzling November and December numbers too. And then you’ve got the wage gains.” Average hourly earnings jumped 0.5 percent, the most since November 2008, from the prior month. They were up 2.2 percent over the past year, the biggest advance since August. Payroll gains averaged 336,000 over the last three months, the strongest since a comparable period ended in November 1997. A striking aspect of the report was a revision that added 147,000 jobs to the payroll tally for the previous two months, which also incorporated adjustments back to 2010. Employment in November was revised up to a 423,000 gain, the most since May 2010. Private payrolls, which exclude government agencies, soared 414,000 that month, the biggest advance since September 1997.

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Continue reading ‘Jobs, Jobs, Jobs. Thanks, President Obama’

06
Feb
15

Rise and Shine

On this Day: President Obama holds a child of a supporter after speaking at the Democratic National Committee winter meeting in Washington, D.C., Feb. 6, 2010 (Photo by Pete Souza)

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Today (all times Eastern)

11:35: The President departs the White House

1:30: Arrives Indianapolis, Indiana

2:15: Delivers remarks and takes questions from students, Ivy Tech Community College, Indianapolis

5:05: Departs Indianapolis

6:45: Arrives White House

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President Barack Obama and First Lady Michelle Obama interact with Hilton banquet server Kitty Casey during the National Prayer Breakfast at the Washington Hilton in Washington, D.C., Feb. 5, 2015 (Photo by Pete Souza)

President Obama bows towards the Dalai Lama at the National Prayer Breakfast

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On This Day

President Obama calls Senators from the Oval Office. Feb. 6, 2009. Phil Schiliro, Assistant to the President for Legislative Affairs, is seated (Photo by Pete Souza)

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Snow blankets the White House south grounds during a blizzard Feb. 6, 2010 (Photo by Pete Souza)

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President Obama talks with, from left, Director of Speechwriting Jon Favreau, Senior Advisor David Plouffe and Speechwriting Associate Director Jonathan Lovett in the Oval Office, Sunday, Feb. 6, 2011 (Photo by Pete Souza)

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President Obama confers with Chief of Staff Denis McDonough as he talks on the phone in the Oval Office, Feb. 6, 2013 (Photo by Pete Souza)

REI Chief Executive Officer Sally Jewell is congratulated by outgoing Interior Secretary Ken Salazar after she was nominated by President Obama to be the next Secretary of the Interior, Feb. 6, 2013

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MoooOOOooorning!

06
Feb
15

Early Bird Chat

On This Day – Pete Souza: “Another snowstorm blanketed Washington for the second time in a few days. Because it was a Saturday, I hung around the White House thinking that the President might venture out in the snow with his daughters. Here they are playing in the Rose Garden in the midst of the storm.” Feb. 6, 2010

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MoooOOOooorning!




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