Category Archives: Unemployment

Obama forecasts manufacturing comeback

Full Story at CNN.com Pittsburgh (CNN) — President Barack Obama — whose poll numbers have dipped in recent weeks amid a stubbornly sluggish economic recovery — touted the hard-hit manufacturing sector Friday, saying the country’s best production days may well lie ahead. “We are inventors, we are makers, and we are doers. If we want [...]

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Unemployment Benefits Cut in South Carolina

Full Story at news.Yahoo.com South Carolina Gov. Nikki Haley signed into law this week legislation reducing the total number of weeks jobless workers eligible for regular unemployment benefits could receive said benefits. The customary number, one used until recently across the United States, was 26 weeks. Under the newly passed legislation, according to The State, [...]

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Wis. governor warns unions of mass layoffs

Full Story at msnbc.com MADISON, Wis. — Wisconsin Gov. Scott Walker on Friday formally notified state unions that he intends to lay off 1,500 workers, but affected employees may not see the notice for at least two weeks. Walker’s spokesman, Chris Schrimpf, said that the unions have been notified and more details will come soon. [...]

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CNN Poll: Economy still top priority

Full Story at PoliticalTicker.blogs.cnn.com Washington (CNN) – What do Americans want President Obama and Congress to concentrate on in the coming year? According to a new national poll, a majority of Americans rate four issues – the economy, unemployment, health care, and the budget deficit – as “extremely important,” with the economy topping the list [...]

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For Obama, tax deal is back-door stimulus plan

Full Story at msnbc.com WASHINGTON — A year ago, President Obama and the Democrats made the mistake of assuming that an economic recovery was under way. This week’s deal to extend the Bush tax cuts shows that the White House’s top priority is avoiding the same mistake again — even if it has to upset [...]

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Obama eyes tax deal — but with jobless extension

Full Story at msnbc.com WASHINGTON — President Barack Obama told Democratic leaders Saturday he was open to compromise on Bush-era tax cuts, but would oppose even a temporary extension if it did not include an extension of benefits for unemployed Americans, a White House official said. Obama also told Democratic congressional leaders he would oppose [...]

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Unemployment benefits extension introduced in House

Full Story at money.cnn.com NEW YORK (CNNMoney.com) — The unemployed would have three more months to file for extended jobless benefits under a bill introduced in the House Wednesday. The legislation would extend the deadline to file for federal unemployment benefits to Feb. 28, sparing 4 million people from falling off the rolls. The deadline [...]

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Recession not over, public says

Full Story at CNN.com Washington (CNN) — Economic experts may believe the recession is over, but try telling that to the public. Seventy-four percent of Americans believe the economy is still in a recession, according to a new CNN/Opinion Research Corporation poll. Only 25 percent think the downturn is over. One-third of Americans say the [...]

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Big labor mobilizing Tea Party alternative

Full Story at CNN.com Bensalem, Pennsylvania (CNN) — It sounds like a political classified ad. “Wanted: unemployed voters.” That’s the message from one of the nation’s biggest labor unions, the AFL-CIO. Between now and Election Day, the union’s community outreach organization known as Working America will be recruiting jobless Americans for a new political movement. [...]

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Obama signs $30B small business lending bill

Full Story at msnbc.com WASHINGTON — Scoring a prized political victory five weeks before the Nov. 2 elections, President Barack Obama on Monday signed a bill to help small businesses expand and hire by cutting their taxes and creating a $30 billion loan fund. Obama said the incentives will help small businesses right away. But [...]

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Jobs picture gets worse in 27 states

Full Story at money.cnn.com NEW YORK (CNNMoney.com) — The national unemployment rate may have only ticked up slightly in August, but on a state-by-state basis, the jobs picture continues to look a lot more grim in places like Nevada, Michigan and California. A total of 27 states reported higher unemployment rates in August, nearly double [...]

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Recession officially ended in June 2009

Full Story at money.cnn.com NEW YORK (CNNMoney.com) — The Great Recession ended in June 2009, according to the body charged with dating when economic downturns begin and end. But the news is little comfort to the millions of Americans still out of work, underwater on their mortgages or uncertain about the future. The National Bureau [...]

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