Econ 101: October 24, 2011

Welcome to ThinkProgress Economy’s morning link roundup. This is what we’re reading. Have you seen any interesting news? Let us know in the comments section. You can also follow ThinkProgress Economy on Twitter.

  • President Obama today “will begin a series of executive-branch actions to confront housing, education and other economic problems over the coming months. ” [New York Times]
  • One of the White House’s first actions will be “a major overhaul of an under-used mortgage-refinance program designed to help millions of Americans whose home values have tumbled.” [Wall Street Journal]
  • The Senate plans to “hold a vote the first week of November on the $60 billion infrastructure portion of Obama’s Jobs Act.” [The Hill]
  • According to the Labor Department, “unemployment rates fell in half of U.S. states last month, a sign that September’s pickup in hiring was felt around the country.” [CNBC]
  • According to a new survey, “U.S. companies do not plan to significantly increase payrolls over the next six months but neither do they intend to aggressively fire workers.” [Reuters]
  • After meeting over the weekend, European leaders are reportedly “nearing agreement on bank recapitalization and on how to leverage their rescue fund to try to stop bond market contagion.” [Reuters]
  • “Nearly 200 companies and special interests have reported that they’re lobbying the 12-member supercommittee” that is responsible for crafting a $1.5 trillion deficit reduction package. [Politico]
  • The portion of disabled Americans who are working “has fallen to 21 percent from about 35 percent in the early 1980s.” [McClatchy]