Showing blog posts tagged with unemployment
We asked economist Dean Baker, co-director of the Center for Economic and Policy Research (CEPR), to expand upon recent reports that show a marked improvement in the nation’s jobs picture. In January, 243,000 jobs were created and unemployment dropped significantly for some of the hardest-hit workers. Baker’s intepretation of the data presents a still-mixed economic picture, but one bright point stands out clearly: President Obama’s support of the U.S. auto industry has been key to improving job creation for America’s workers. Be sure to pick up a copy of Baker’s latest book, The End of Loser Liberalism: Making Markets Progressive.
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The nation’s unemployment rate in January fell to 8.3 percent, down from December’s 8.5 percent, and the economy added 243,000 jobs, according to the latest figures released this morning by the U.S. Bureau of Labor Statistics (BLS).
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President Barack Obama’s State of the Union address tonight made clear that he hears the people who aren’t being heard by the 1%, says AFL-CIO President Richard Trumka. Obama’s speech showed he “listened to the single mom working two jobs to get by, to the out-of-work construction worker, to the retired factory worker, to the student serving coffee to help pay for college.”
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Unemployment for African American workers has remained virtually unchanged, hovering between 15 percent to 16 percent throughout 2011, while unemployment for the rest of the workforce dropped below 9 percent, according to a new report by the University of California-Berkeley’s Labor Center.
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James Parks, communications director at the D.C. Office of Interfaith Worker Justice, sends us this.
More than 500 people packed the Shiloh Baptist Church in Washington, D.C., Jan. 16 for an Interfaith Service for Jobs. The service was sponsored by Faith Advocates for Jobs to celebrate Dr. Martin Luther King Jr.’s life and to call on our nation’s government to make King’s dream of economic justice and good jobs a reality.
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The nation gained 200,000 jobs in December, and the unemployment rate improved to 8.5 percent from 8.6 percent in November, according to Department of Labor data out this morning. The unemployment rate has declined by 0.6 percentage points since August and the number of unemployed workers dropped to 13.1 million from close to 14 million.
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When House Republicans left town for the holidays Wednesday, they didn’t even leave behind a piece of coal in the stockings of some 2.8 million jobless workers whose unemployment benefits are about to expire over the course of the next two months. At least a piece of coal can be burned for heat.
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According to an analysis released by the Department of Labor, 3.3 million Americans would lose unemployment insurance under H.R. 3630—the House Republicans’ so-called “compromise” bill that cuts coverage for jobless workers, cuts pay for public employees, cuts preventive health services, reduces premium assistance for low- and middle-income individuals buying health insurance and raises premiums for many Medicare beneficiaries.
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