NEW YORK — The number of Americans filing for their first week of unemployment benefits jumped sharply last week, two weeks after hitting a 2-1/2 year low below 400,000. There were 445,000 initial jobless claims filed in the week ended Jan. 8, the Labor Department said in a weekly report Thursday. That’s up 35,000 from […]
New York — Peter S. Goodman at The Huffington Post has written an article on the effects of the recession on Black America in comparison to its affect on white America. Among white people, the unemployment rate dropped in December to 8.5 percent — hardly acceptable, but manageable were the government spending more to expand […]
The tax bill that extends the Bush tax cuts and slashes the estate tax while extending unemployment benefits has passed the House House by a vote of 277-148 and is heading for the President to sign, according to The Huffington Post RELATED STORIES Attacks From Right Take Toll On Obama’s Tax Plan CBC ‘Overwhelmingly Opposed’ […]
President Obama said Wednesday that Congress should reauthorize extended unemployment insurance for the long-term jobless.
As the nation’s largest peacetime jobs program – the U.S. Census 2010 effort – winds down and its temporary workforce continues to join the ranks of the unemployed, a growth in private sector jobs was not enough to keep the unemployment rate from climbing slightly – one-tenth of a percentage point to 9.6 percent – […]
Another month, another grim jobs report. We lot 54,000 jobs in July. Most of those — in fact, 114,000 of them — were expiring census jobs. The private sector added jobs slowly but steadily, posting 67,000 in gains. This report doesn’t really tell a story of recovery nor of recession. It’s just stagnation: We’re not […]
New applications for unemployment insurance reached the half-million mark last week for the first time since November, a sign that employers are likely cutting jobs again as the economy slows.
President Obama cited the slight increase in private-sector job creation today, but added that “climbing out of any recession — much less a hole as deep as this one — takes some time.”
WASHINGTON (AP) — Companies showed a lack of confidence about hiring for a third straight month in July, making it likely the economy will grow more slowly the rest of the year. The unemployment rate was unchanged at 9.5 percent.
WASHINGTON — President Barack Obama says Senate Republicans are playing politics with bills that would extend benefits to the unemployed and increase lending to small businesses.
