The recent Senate approval of the $15 billion jobs bill has inspired other organizations to think about their own job creating aspirations. As the nation still hovers at an unemployment rate of 9.7%, many individuals are eager to create more careers with the hopes of shrinking the number of people who are out-of-work. The American Federation of Labor-Congress of Industrial Organizations (AFL-CIO) labor federation is looking to build a jobs creation package that's bigger than the $15 billion measure that was passed last week, according to The Wall Street Journal. The funding would be provided by putting a tax on security transactions, which has many large businesses opposing the idea. Similarly, U.S. Treasury Secretary Tim Geithner has said that he opposes the motion as well. "A day-by-day financial transaction tax is not something we're prepared to support," he said in an interview. However, backers of the proposal include Warren Buffett, John Bogle, who is the head of the Vanguard Group, and UK Prime Minister, Gordon Brown. According to the Bureau of Labor Statistics, there are currently 9.3 million Americans who are out of work.  |