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18th Feb 10
oelThe amount of laid-off workers applying for unemployment increased last week after having decreased in the previous week. The jump lowered expectations about how fast the economy might improve this year.
The Labor Department said Thursday that applications for unemployment increased by 31,000 to 473,000.
10th Feb 10 oelIt has been a tale of two unemployment crises.
Although the national unemployment rate dropped slightly last month to 9.7%, a new study suggests that not only have low-income workers been the hardest hit by the jobs crisis — but there has been “no labor maket recession for America’s affluent.”
8th Feb 10 oelThe nation’s employers reduced their payrolls by 20K last month, generating fresh anxiety about a work market that has yet to catch up with growth in the economy on a grand scale.
The reduction was worse than the 15K jobs economists were expecting. The nation’s unemployment rate dropped to 9.7% from the 10% level of a month ago.
28th Jan 10 aslanAfter President Obama delivered his first State of the Union address, administration members broadcasted the president’s top priority: unemployment.
However, the administration is not ignoring health care despite the president’s failure to mention the restructuring until nearly halfway into his speech, Vice President Joe Biden told “Good Morning America (GMA)”.
“The beginning of the speech was to remind everybody not to blame, but to remind everybody what we had to do the first year,” Biden said. “We inherited an awful lot, and the president basically said, ‘Look, we had a lot to do and now that we got things stabilized, now is the time to focus on jobs.’”
22nd Jan 10 aslanPresident Obama returns to Ohio, to Lorain, a small town he visited a couple of years ago.
He spoke at the National Gypsum plant, a drywall company, promoting an employment package that “must be done in a responsible way, without adding to the already obscene debt that has grown by $4Trillion under George Bush.”
He said he would “pay for every part of this job-creation agenda – by ending this war in Iraq that’s costing us billions, closing tax loopholes for corporations, putting a price on carbon pollution, and ending George Bush’s tax cuts for the wealthiest Americans.”
15th Jan 10 aslanThe argument concerning the Employee Free Choice Act has caused many business owners to think about the complex issue of unionization. However, what they are probably not considering are the various government laws that control workers’ relations for business owners regardless of unionization.
11th Nov 09 ShawnWho can afford medical insurance when they do not have a job? Although medical reform is a point of consideration, unemployment is a much bigger issue!
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