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By Lauren B. Davis
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By Orville Schell and David Shambaugh
$20
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Bytemarks (CC BY 2.0)
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New research from the Federal Reserve Bank of San Francisco shows that long-term jobless people whose unemployment benefits were extended at the start of the recession did not become unwilling to work.
Posted on May 9, 2013
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Flickr / edEx
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The first month of 2012 turned out to be the best in three years in terms of the ongoing unemployment crisis in the U.S. Although 8.3 percent is nothing to get too excited about, it was supposed to tally up at 8.5 percent for January, so we’ll take it.
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AP / Alex Brandon
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November’s dip in the official unemployment rate is nothing to clap about. Scrutiny of the details reveals that the new figure of 8.6 percent is due mostly to 315,000 Americans dropping out of the search for work, and most of the newly created positions were low-paying ones. That includes temporary jobs created to support the spike in commerce that comes with the holiday season. (more)
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Flickr / fumpt (CC-BY)
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Sources tell AP that the Labor Department is about to extend the Family and Medical Leave Act to include same-sex baby-daddies and -mamas. Employers would be required to give up to 12 weeks of leave a year, as they already do for straight couples.
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Flickr / edEx
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Another indicator that Congress needs to get to work on the country’s pressing unemployment problem came in the form of a Labor Department report showing a spike in the number of first-time filers for unemployment benefits last week, according to The Associated Press.
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Flickr / edEx
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The Labor Department announced Thursday that fewer Americans than anticipated have filed unemployment benefit claims this month, potentially pointing to a less substantial unemployment population and maybe, just maybe, better economic growth in 2010.
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wfxl.com
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In a sign that the U.S. economy’s two-year job-molting cycle might be coming to an end, the Labor Department reported Friday that just 11,000 American jobs were lost in November and that the unemployment rate had fallen back to 10 percent.
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Weak employment gains in May (only 75,000 net new jobs) may be a sign of a faltering economy. According to NYT: “Anything below about 150,000 net new jobs a month is regarded as too slow to keep up with population growth, so in effect, workers are losing ground.” (story | job report)
Posted on Jun 2, 2006
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By Robert Scheer — “It is good news that the public is finally hip to Bush’s con, yet it is worrisome when surprisingly sensible proposals by the president on immigration are automatically rejected because of the source.”
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Marching in Chicago: Resisting Rahm Emanuel’s Neoliberal Savagery
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