Governor John Hickenlooper told a crowd of business leaders at the state capitol Monday that the beleaguered state budget will likely be the source of the most heated debates in the upcoming legislative session. But speaking at the Denver Metro Chamber’s annual business policy briefing, the Democrat urged lawmakers to work together to create a better environment for business growth.
This is WEEKEND EDITION from NPR News. I'm Scott Simon. The number of people applying for unemployment benefits has been dropping around the country as the new year begins. Companies are laying off fewer workers, and hiring may be picking up. The U.S. Labor Department reported yesterday that the unemployment rate is now 8.5 percent, the lowest level in almost three years.
President Obama may have riled Republicans with his recess appointment of Richard Cordray to lead the Consumer Financial Protection Bureau, but there's bipartisan agreement on Mr. Cordray's qualifications. He served as Ohio's attorney general. Before that, he was Ohio state treasurer. For more, we're joined by our friend from the business world, New York Times op-ed columnist Joe Nocera. Joe, thanks for being with us.
President Obama acknowledged Friday that the economic recovery has a long way to go. Still, he was able to share some good news. The Labor Department reported that U.S. employers added 200,000 jobs in December, and the unemployment rate fell to 8.5 percent.
"Obviously, we have a lot more work to do," he said, "but it is important for the American people to recognize that we've now added 3.2 million new private-sector jobs over the last 22 months."
Those better-than-expected numbers could help Obama as he tries to hang onto his own job.
Originally published on Thu January 5, 2012 12:11 pm
In its February issue, Vanity Fair has a long report on Jon Corzine, the former head of Goldman Sachs and former Democratic governor of New Jersey. Corzine has been in the news lately for his role in MF Global, which last year collapsed spectacularly and left $1.2 billion in client money missing.
The piece talks to friends and former associates of Corzine and paints a picture of a CEO who took great risks and micromanaged.