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By Amy Goodman, David Goodman
$5.18
By John W. Dean
$15.00
$23
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kevin dooley (CC BY 2.0)
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The money-losing USPS is offering buyouts to 45,000 mail handlers as it moves to slash its payroll and cut the number of processing centers around the country by nearly half.
Posted on May 26, 2012
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Mitt Romney has a new economic goal, one that ostensibly backtracks from the benchmark he set for himself earlier this month. The presumed GOP presidential nominee told Time magazine’s Mark Halperin on Wednesday that he would get the unemployment rate down to 6 percent in his first term.
Posted on May 23, 2012
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David Fitzsimmons, Cagle Cartoons, The Arizona Star —
Posted on May 22, 2012
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Taylor Jones, Cagle Cartoons, Hoover Digest —
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Bill Schorr, Cagle Cartoons —
Posted on May 21, 2012
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W.W. Norton & Company, Inc.
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By Paul Krugman —
In March 2009 Ben Bernanke, normally neither the most cheerful nor the most poetic of men, waxed optimistic about the economic prospect. After the fall of Lehman Brothers six months earlier, America had entered a terrifying economic nosedive. But appearing on the TV show “60 Minutes,” the Fed chairman declared that spring was at hand.
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gfpeck (CC BY-ND 2.0)
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With 18 million Americans unemployed, thousands from across the country are flocking to North Dakota amid an oil boom there. The state now produces more oil than many members of OPEC and could soon make America the world’s top oil producer.
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nosha (CC BY-SA 2.0)
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By Noam Chomsky, TomDispatch —
After the first few years of the Great Depression there was a sense that “we’re gonna get out of it.” It’s quite different now. For many people in the United States, there’s a pervasive sense of hopelessness, sometimes despair. I think it’s quite new in American history. And it has an objective basis.
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401K (CC BY-SA 2.0)
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In the wake of the 2008 crash and the widespread government-imposed austerity that followed, high levels of long-term and youth unemployment across the globe are in danger of becoming fixed, according to an annual report by the International Labor Organization.
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ep_jhu (CC-BY)
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Thousands of jobless workers in Washington state will lose their unemployment checks starting later this month when the federal government begins withdrawing emergency benefits because overall state unemployment has dropped below 8.5 percent.
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bbc.co.uk
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This would feel like horse-race politics, employment edition, if only the stakes weren’t so high: The Department of Labor released employment data on Friday for the month of March, and the results didn’t match more optimistic projections for the blustery month.
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Wikimedia Commons
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Remember when austerity sounded more like an obscure SAT word than cause for international economic panic? This time around, it’s the Spaniards who are feeling the pinch, as their government has announced major budget cuts for the year.
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Flickr / edEx
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For the third month in a row, figures coming in from the Department of Labor signal a stronger recovery in the employment market than the country has seen in years. President Obama gets a boost from the good news, but is there any way to read these numbers differently?
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Good jobs news is one thing, but where are the good new jobs? The answer to that question may well be worth at least the amount of our nation’s deficit.
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John Cole, Cagle Cartoons, The Scranton Times-Tribune —
Posted on Feb 26, 2012
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To hear House Speaker John Boehner tell it, as he does in this clip, the “political games” that were clearly happening in recent months over the payroll tax cut and jobless benefits bill that’s now en route to passage were all coming from the Democratic side.
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senate.gov
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It’s remarkable how political infighting in Congress can be resolved by a healthy dose of bad news from opinion polls. On Wednesday, the outlook for the Obama-supported payroll tax cut and jobless benefits bill that has been contested for months was suddenly better, and the timing was no accident. Above, Sen. Max Baucus, one of the legislative bargainers.
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Jimmy (CC-BY-SA)
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By Eugene Robinson — Judging by the polls, the better Republican voters come to know these candidates, including Romney, the less they like them.
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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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mynews3.com
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Although Mitt Romney owned, in an interview with Nevada journalist Jon Ralston on Thursday, that he “misspoke” the day before in saying he was “not concerned about the very poor,” the presidential candidate might not have much wiggle room amid a speed-fueled news cycle and a chilly Rick Santorum standing watch.
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Flickr / clementine gallot (CC-BY)
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Geography is one of those seemingly stodgy fields that’s enjoyed an infusion of innovation in recent years, and here’s a sobering yet useful map of the U.S. to illustrate that point. Specifically, you’ll see how different zones of the country have fared in terms of long-term unemployment. Looking good, Middle America.
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AP / Erich Schlegel
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Here’s a sobering dose of reality: Poverty in America has risen to the 27 percent mark in the last half-decade and, perhaps worse, the prospects for our nation’s poorest won’t necessarily get better as the economy picks up. It’s not news many want to hear, but we’re glad a group of researchers at Indiana University were gutsy enough to release it.
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Barricades in Zuccotti Park have finally come down, causing protesters to immediately reoccupy; in the face of budget cuts, some teachers opt to work for free; meanwhile, Kopimism, a new religion based on file-sharing, emerges. These discoveries and more after the jump.
Posted on Jan 10, 2012
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Wikimedia Commons
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If only we could import a little bit of Germany right now—in a good way. Unlike many of its European neighbors, Germany is enjoying a bit of an economic boost in that its unemployment rate dropped to a record low for the month of December.
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By Eugene Robinson — Finally. After a year of artful camouflage and concealment, Republicans let us glimpse the rift between establishment pragmatists and tea party ideologues. There may be hope for the republic after all.
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So here we are, well into the thick of the holiday season, and no agreement has been reached on Capitol Hill about extending unemployment benefits and keeping payroll taxes from sudden escalation as the new year begins. Thus, President Obama dialed up a couple of key members of Congress, as spokesman Jay Carney described Wednesday.
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An Israeli woman is relegated to the back of the bus by a group of Orthodox Jews; New York celebs party with the Occupiers; and studying fish may be the key to understanding why uninformed voters are a necessary evil in our democracy. These discoveries and more after the jump.
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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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In this week’s installment of “Left, Right & Center,” panelists Robert Scheer, Tony Blankley, Matt Miller and Chrystia Freeland take stock of the unemployment crisis in our country, which is a gigantic enough topic as it is. But wait—there’s much more.
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David Wiley (CC-BY)
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By David Sirota — Amid fears of high youth unemployment creating a “lost generation,” there is suddenly a bright spot: Apparently, fewer young people are going to work in the industry that destroyed our economy.
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Wikimedia Commons / Gage Skidmore (CC-BY-SA)
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Here’s a Republican-backed method to cure all that ails the country: Close your eyes, get to your happy place, and invoke the time-honored mantra America is special until you forget you don’t have a job and various segments of the world’s population think the U.S. has acted a little sketchy lately.
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drpepper.com
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What better way to jack up men’s flagging sense of masculine prowess in these times of economic instability, with gender roles shifting by the minute, than by introducing a line of house paints that includes the colors “Bro Code” and “Zombie Apocalypse”? (more)
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Flickr / clementine gallot (CC-BY)
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Back in June, the Federal Reserve predicted a sunnier economic future for the U.S. than it did Wednesday, when the Fed released revised figures for both growth (it’ll happen more slowly) and unemployment (it’ll continue to hover around 9 percent) through 2012. But the news wasn’t all gloomy.
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AP / Isaac Brekken
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By Bill Boyarsky — Almost 20 miles from the Occupy L.A. encampment and 265 miles from the Las Vegas Republican presidential debate, the state employment office in Norwalk, Calif., was a sad, quiet reminder of what the presidential campaign should be about—unemployment that is dooming the prospects of this generation and its children.
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Flickr / Mel R
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More interesting, perhaps, than this New York Times article’s proffered data on falling household incomes and the reasons for same is its official timeline for our nation’s most recent recession: “ … From December 2007 to June 2009.” (more)
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Flickr / Gage Skidmore (CC-BY-SA)
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Republican presidential hopeful Herman Cain condemned the Occupy Wall Street protests in an interview in The Wall Street Journal on Wednesday, saying it was nothing but a ploy to distract the public from the “failed policies of the Obama administration.”
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Randall Enos, Cagle Cartoons —
Posted on Oct 6, 2011
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Paresh Nath, Cagle Cartoons, The Khaleej Times, UAE —
Posted on Oct 5, 2011
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Flickr / zpeckler
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Government—the purchaser of last resort—must intervene to revive a sickly economy when consumers and businesses can’t do it on their own, says the award-winning political economist Robert Reich. (more)
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John Darkow, Columbia Daily Tribune, Missouri —
Posted on Oct 1, 2011
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Randall Enos, Cagle Cartoons —
Posted on Sep 29, 2011
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Flickr / San Diego Shooter
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Facing a shortfall of a few billion dollars, the U.S. Postal Service is planning to drop 220,000 full-time jobs and close 3,700 post offices and 300 processing centers by 2015, while scaling back services and cutting retirement benefits. And that’s after laying off 110,000 employees since 2007. (more)
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Flickr / kanu101
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A comparison of population figures and unemployment rates in the states where unemployment is highest and lowest shows that the jobs problem is worst in some of the most populous states—and the situation is not improving. (more)
Posted on Sep 19, 2011
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Flickr / Sallam
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At least 16 people were killed when troops opened fire with anti-aircraft guns on anti-government protesters peacefully massed around a state television building and government offices in the Yemeni capital on Sunday, according to witnesses. (more)
Posted on Sep 18, 2011
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U.S. Department of Defense
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On Monday, The Economist published an infographic showing, by millions of people hired, the world’s 10 biggest employers. The U.S. Department of Defense topped the list with 3.2 million employees.
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Closed churches are selling artifacts and furnishings in the U.S. and Europe; graffiti artist Banksy accuses a TV documentary of distortion; and Amazon has finally created the Kindle tablet. These discoveries and more after the jump.
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Deng Coy Miel, Cagle Cartoons, Singapore —
Posted on Sep 10, 2011
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