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Updated Monday, October 5, 2009 10:02 am TWN, By Charles Babington, AP U.S. admin eyes ways to help laid-off workersThe unemployment rate rose to 9.8 percent in September, the highest since June 1983, as employers cut far more jobs than expected. The government reported Friday that the economy lost a net total of 263,000 jobs last month, from a downwardly revised 201,000 in August. All told, 15.1 million people are now out of work, the Labor Department said, and 7.2 million jobs have been eliminated since the recession began in December 2007. Obama said he has met people “who've got a good idea and the expertise and determination to build it into a thriving business. But many can't take that leap because they can't afford to lose the health insurance they have at their current job.” Small businesses create many of the nation's jobs, Obama said, and some have the potential to become big companies. Obama praised the Senate Finance Committee for crafting a health care bill that includes many of his priorities. Small businesses could buy health insurance through an exchange, he said, “where they can compare the price, quality and services of a wide variety of plans.” The government would subsidize health insurance for many businesses and individuals, the president said. In the weekly Republican address, Rep. Candice Miller of Michigan said the original Obama-backed economic stimulus package fell far short of its goals. She criticized a House-passed energy bill that would set limits and costs on greenhouse gas emissions. The plan, which the Senate has not taken up, “would increase electricity bills, raise gasoline prices and ship more American jobs overseas,” Miller said. She called for deeper tax cuts for small businesses so the economy can get back on track. “Washington Democrats' job-killing agenda makes me think they're living on a different planet from the families living in America's suffering heartland,” Miller said. |
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