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Economic News Roundup

Economic News Roundup

The Economic Policy Institute and the Center on Budget and Policy Priorities have released important research about the economy in the past few weeks. Here's a look at some of the key pieces they have uncovered about the U.S. economy

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5 Reasons Congress Must Extend Unemployment Insurance

5 Reasons Congress Must Extend Unemployment Insurance

Congress allowed emergency unemployment insurance to expire on Dec. 28, 2013, leaving 1.3 million Americans without a vital economic lifeline. The U.S. Senate is now considering extending these benefits for another three months. Failing to do so would be unprecedented in the history of federal responses to high unemployment following economic recessions.

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What We're Reading Today: Friday News Roundup

What We're Reading Today: Friday News Roundup

Here are some headlines from the working families news we're reading today (after the jump).

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What We're Reading Today: Wednesday News Roundup

Photo via Eden, Janine and Jim from New York City/Wikimedia

Here are some headlines from the working families news we're reading today (after the jump).

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Obama: ‘Challenge of Our Time’ Is Making Economy Work for Everyone

Obama: ‘Challenge of Our Time’ Is Making Economy Work for Everyone

President Barack Obama today said that “a relentless, decades-long trend”—“a dangerous and growing inequality and lack of upward mobility…has jeopardized middle-class America’s basic bargain: that if you work hard, you have a chance to get ahead.”

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Lower Corporate Taxes = More Jobs, Right? Wrong!

Lower Corporate Taxes = More Jobs, Right? Wrong!

Corporations and their allies on Capitol Hill claim that if corporate tax rates were lowered, it would be a boon to the economy, with much of the tax savings fueling a U.S. job creation boom. The only problem with that theory is that there is no evidence to support it. In fact, a new study finds quite the opposite.

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Economic News Roundup

The Economic Policy Institute, the Center on Budget and Policy Priorities, the Center for American Progress and other sources have released important research about the economy in the past few weeks. Here's a look at some of the key pieces they have uncovered about the U.S. economy.

Read more and comment »

Talking Turkey: How to Talk Jobs and Economy with Your Conservative Uncle at the Thanksgiving Table

Photo courtesy martha_chapa95

You know you aren't supposed to do it. But you know you're going to. Talk about politics over the holidays. It's hard to avoid it and you know your uncle who worships Rush Limbaugh and runs Fox News 24/7 is going to be armed with conservative talking points. Here's your handy guide to quick responses and facts use when you hear those talking points about issues important to working families.

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There's Only One Word We Need to Be Talking About to Boost Our Economy

Migrant Mother by Dorothea Lange

Jobs.

Deficit. Debt. Debt ceiling. Sequester. Shutdown. Cuts. "Shared" sacrifice. Belt tightening. Grand bargain—Republicans and Washington elites throw around a bunch of words when they talk about the economy and what it will take to get the country moving forward. But the one word they need to be talking about—jobs—seems almost absent from the conversation. No wonder things aren't getting much better.

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Jobless Rate Dips to 7.2% with Disappointing 148,000 New Jobs in September

Photo credit: AFGE photo/Flckr

The nation’s economy added 148,000 new jobs in September, compared to 169,000 jobs created in August. The 7.2% jobless rate is slightly down from August’s 7.3%, according to figures released this morning by the U.S. Bureau of Labor Statistics.

While today’s report reflects 42 straight months of job growth, the pace is weak, sluggish and just enough to absorb new entrants into the market and makes little dent in the jobs deficit.

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