Friday, August 5, 2011

Obama Pushing Jobs For Unemployed Military Veterans

WASHINGTON -- President Barack Obama is asking Congress to approve new initiatives to help some of America's 1 million unemployed military veterans find work, including tax credits for companies that hire out-of-work vets.

The proposal Obama is to outline Friday is part of the president's efforts to return to a focus on jobs after spending weeks mired in the contentious debt-limit debate that consumed the White House for much of the summer.

His announcement was to follow the Labor Department's release of a new round of nationwide unemployment data showing that hiring picked up more than expected in July, with employers adding 117,000 jobs and the jobless rate inching down to 9.1 percent from 9.2 percent in June.

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