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Stimulus Update

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vict0r

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Apr 18, 2010, 10:39:13 AM4/18/10
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Jobless claims jump

April 15, 2010

WASHINGTON (Reuters) - The number of U.S. workers filing new claims for
jobless benefits unexpectedly soared last week as applications held back
during the Easter holiday were processed, government data showed on
Thursday.

Initial claims for state unemployment benefits rose 24,000 -- the largest
increase in two months -- to a seasonally adjusted 484,000, the Labor
Department said.

http://abcnews.go.com/Business/wireStory?id=10381935

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February 9, 2009

You'll see the effects [of the stimulus] begin almost immediately," Summers
said on CNN. "Layoffs that otherwise would've happened in cities and towns
of cops and teachers wont happen. You'll see withholding schedules adjusted
so that people have more money in their paychecks. You'll see orders go out
for new roads, new bridges, new computers for hospitals. You'll start to see
better maintenance of schools. So, things will happen very, very quickly."

http://www.boston.com/news/politics/politicalintelligence/2009/02/summers_obama_i.html

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January 2009

Obama: Stimulus will keep unemployment below 8%

http://www.npr.org/templates/story/story.php?storyId=106397685

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June 2009

Obama: Stimulus will create 600,000 jobs by the summer.

http://www.msnbc.msn.com/id/31165217/

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Feb. 2009

White House budget director Peter Orszag: Stimulus will stop job loss and
start creating jobs in "weeks to months":

http://transcripts.cnn.com/TRANSCRIPTS/0902/05/sitroom.01.html


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