New ways to improve unemployment
The Obama administration is looking at ways to create jobs, including tax incentives for businesses that hire and more infrastructure spending. John Dimsdale reports.
A job seeker looks through job listings at the East Bay Works One-Stop Career Center in Oakland, Calif. (Justin Sullivan/Getty Images)
More on Jobs
TEXT OF STORY
Bill Radke: With employment looking ugly, the Obama administration wants to create jobs. Marketplace's John Dimsdale tells us it's looking at tax incentives for businesses that hire and more spending on infrastructure.
John Dimsdale: The Obama economic team is considering extra money for federal highway construction as a way to create more jobs. But record deficits along with an expensive health-care reform bill means Congress will be skeptical of any more stimulus money, says Princeton professor Julian Zelizer.
Julian ZELIZER: Asking for more indicates that the first one isn't working. That's a politically tricky message that Obama has to deliver.
The White House is also talking about giving companies a tax credit for every new employee they hire. That idea makes Congress squeamish because of fear employers would manipulate payrolls and claim the credit without actually hiring new workers.
In Washington I'm John Dimsdale for Marketplace.
Comments
Comment | Refresh
Post a Comment: Please be civil, brief and relevant.
Email addresses are never displayed, but they are required to confirm your comments. All comments are moderated. Marketplace reserves the right to edit any comments on this site and to read them on the air if they are extra-interesting. Please read the Comment Guidelines before posting.
You must be 13 or over to submit information to American Public Media. The information entered into this form will not be used to send unsolicited email and will not be sold to a third party. For more information see Terms and Conditions and Privacy Policy.