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Tag: Unemployment

Four Reasons Why Romney Still Might Win

For the last several days I’ve been deluged with calls from my inside-the-beltway friends telling me “Romney’s dead.” Hold it. Rumors of Romney’s demise are premature for at least four reasons:

Posted on Sep 21, 2012 READ MORE


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DonkeyHotey

Why Romney and Ryan Are Going Down

Unemployment is still above 8 percent, job gains aren’t even keeping up with population growth, the economy is barely moving forward. And yet, according to most polls, the Romney-Ryan ticket is falling further and further behind.

Posted on Sep 17, 2012 READ MORE


The Most Important Political News This Week

The biggest political news this week won’t be the Democratic convention. It will be Friday’s unemployment report.

Posted on Sep 5, 2012 READ MORE


Half Labor Day









Posted on Sep 3, 2012 ENLARGE



Cain and Todd Benson (CC BY-ND 2.0)

The Ambiguous Battle for Jobs

It’s the great unanswered question of the presidential campaign: Just how can America actually create jobs? President Barack Obama and Mitt Romney are ducking the specifics, tearing each other down and offering little hope to the 15 percent of Americans without enough work.

Posted on Aug 11, 2012 READ MORE



jrodmanjr (CC BY-ND 2.0)

Mortgage Debt Relief? Not on His Watch

The Federal Reserve announced last week that it would launch no new stimulus programs to jump-start the economy, and editors at The Washington Post applauded Edward DeMarco, acting director of the Federal Housing Finance Agency, for refusing to refinance mortgages for struggling homeowners.

Posted on Aug 4, 2012 READ MORE



Brave New Films (CC BY 2.0)

Wal-Mart Heirs: The Rich Get Way Richer

The six members of the Walton family featured on Forbes’ list of the 400 wealthiest Americans have a combined net worth today of $102.7 billion—more than the bottom 40 percent of American families combined.

Posted on Aug 3, 2012 READ MORE


Obama and Unemployment









Posted on Jul 19, 2012 ENLARGE


Jobs Hope









Posted on Jul 13, 2012 ENLARGE



AP/Jae C. Hong

Job by Job

The effort to reduce unemployment is a grueling plant-by-plant, job-by-job process conducted by those seeking work, business people and local officials operating far from the media spotlight and simplistic rhetoric of the political campaign.

Posted on Jul 11, 2012 READ MORE



Fotopedia

The Odds Are Stacked Against Today’s College Grads

Half of all recent college graduates are jobless or underemployed, with mounting student debt levels creating huge obstacles for millions of young people, an analysis of government data for The Associated Press has found.

Posted on Jul 10, 2012 READ MORE


‘Left, Right & Center’: Middle-Class Blues

The U.S. economy added 80,000 jobs in June—well short of what experts say it will take to pull the country out of its employment slump. The euro and world markets fell on that news while London’s banking scandal keeps spreading.

Posted on Jul 7, 2012 WATCH & LISTEN



deanmeyersnet (CC BY 2.0)

Obama Spins June’s Jobs Figures

U.S. unemployment remained stuck at 8.2 percent as only 80,000 jobs were added in June. But President Barack Obama assures the country the figures represent a “step in the right direction.”

Posted on Jul 6, 2012 READ MORE


Euro and Spain









Posted on Jun 28, 2012 ENLARGE



Photo by Basheer Tome (CC-BY)

College Budget Cuts Make Life Grueling for America’s Young and Unemployed

Students now piece together a degree at different schools the way the underemployed desperately piece together a paycheck with a string of shifts at different employers.

Posted on Jun 13, 2012 READ MORE



Medill DC (CC BY 2.0)

No New Stimulus, Bernanke Says

In spite of May’s weak jobs report, Fed Chairman Ben Bernanke still sees no reason for the central bank to expand its efforts to boost the American economy. The Fed is assessing whether the economy would continue to grow fast enough to reduce the unemployment rate without further intervention, he said.

Posted on Jun 7, 2012 READ MORE



kevin dooley (CC BY 2.0)

A Big Buyout at the Postal Service

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 READ MORE


Romney Backs Off 4 Percent Unemployment Claim

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 WATCH & LISTEN


Grads of 2012









Posted on May 22, 2012 ENLARGE


So Many Awards









Posted on May 22, 2012 ENLARGE


Border Choices









Posted on May 21, 2012 ENLARGE



W.W. Norton & Company, Inc.

How Bad Things Are

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.

Posted on May 14, 2012 READ MORE



gfpeck (CC BY-ND 2.0)

Big Trouble in Little North Dakota

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.

Posted on May 14, 2012 READ MORE



nosha (CC BY-SA 2.0)

Plutonomy and the Precariat: On the History of the U.S. Economy in Decline

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.

Posted on May 8, 2012 READ MORE



401K (CC BY-SA 2.0)

Gloom and Doom on the Global Job Front

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.

Posted on Apr 30, 2012 READ MORE


Job Insecurity









Posted on Apr 10, 2012 ENLARGE    



ep_jhu (CC-BY)

The Jobless Go Begging in Washington State

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.

Posted on Apr 7, 2012 READ MORE



bbc.co.uk

New Job Numbers for March Don’t Meet Expectations

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.

Posted on Apr 6, 2012 READ MORE



Wikimedia Commons

Spanish Government Goes for Big Austerity Cuts

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.

Posted on Mar 30, 2012 READ MORE



Flickr / edEx

More Good News on Jobs for February

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?

Posted on Mar 9, 2012 READ MORE


‘Left, Right & Center’: Where Are the Good New Jobs?

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.

Posted on Mar 9, 2012 WATCH & LISTEN


USPS Jobs









Posted on Feb 26, 2012 ENLARGE


Boehner: Time to Stop Playing ‘Political Games’ With the Tax Cut Bill

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.

Posted on Feb 15, 2012 WATCH & LISTEN


Max Baucus
senate.gov

Congress Might Actually Make a Payroll Tax Deal Soon

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.

Posted on Feb 15, 2012 READ MORE



Jimmy (CC-BY-SA)

The Uninspired GOP Electorate

Judging by the polls, the better Republican voters come to know these candidates, including Romney, the less they like them.

Posted on Feb 7, 2012 READ MORE



Flickr / edEx

Employment Numbers Get an Unexpected Bump in January

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. 

Posted on Feb 3, 2012 READ MORE



mynews3.com

Damage Control, Romney Style

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.

Posted on Feb 3, 2012 READ MORE


unemployment office
Flickr / clementine gallot (CC-BY)

Where the Jobs (Still) Aren’t

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.

Posted on Feb 1, 2012 READ MORE


Job Restriction









Posted on Jan 25, 2012 ENLARGE    



AP / Erich Schlegel

Truthdiggers of the Week: Indiana University Poverty Researchers

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.

Posted on Jan 13, 2012 READ MORE



Zuccotti Park Reoccupied

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 READ MORE



Wikimedia Commons

Germany’s Jobless Rate Drops to 20-Year Low

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.

Posted on Jan 3, 2012 READ MORE


Obama Benefits From Republican Civil War

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.

Posted on Dec 23, 2011 READ MORE


Obama Gives Boehner, Reid an Earful on Deadlock

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.

Posted on Dec 21, 2011 WATCH & LISTEN



Israeli Segregation à la Rosa Parks

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.

Posted on Dec 18, 2011 READ MORE



AP / Alex Brandon

Don’t Laud the Jobless Drop

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)

Posted on Dec 3, 2011 READ MORE


‘Left, Right & Center’: Occupy This and That

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.

Posted on Dec 2, 2011 WATCH & LISTEN



David Wiley (CC-BY)

Celebrating the End of Kids’ Wall Street Dreams

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.

Posted on Dec 1, 2011 READ MORE



Wikimedia Commons / Gage Skidmore (CC-BY-SA)

America Is Special, Vote for Me

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.

Posted on Nov 18, 2011 READ MORE



drpepper.com

Marketing Masculinity in an Age of Male Anxiety

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)

Posted on Nov 15, 2011 READ MORE


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