Showing blog posts tagged with jobless
Moments ago, we launched the 2012 AFL-CIO Executive PayWatch site—now called CEO Pay and the 99%—which includes the most comprehensive data accessible on 2011 executive pay. All of the data available is searchable by industry, by state and by the top 100 highest-paid CEOs.
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Is there anyone, besides the Goldwater Institute and ALEC, who supports the extreme political agenda of some Arizona lawmakers? If this story from The Huffington Post is any indication, the answer is no. Businesses and business groups, including the state Chamber of Commerce, have been vocal about their opposition to a bill that would require unemployed workers to submit to drug tests.
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The nation’s economy added 227,000 jobs in February, but the unemployment rate remained steady at 8.3 percent, according to the latest figures released this morning by the U.S. Bureau of Labor Statistics (BLS). The jobless rate has dropped by 0.8 percentage points since August and remains at its lowest point since February 2009
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More confirmation that the extremely rich are getting richer and those without jobs are suffering even more. In 2009 and 2010, the first year of the current “recovery,” the 1 percent captured 93 percent of U.S. income growth. Repeat: 93 percent of income growth went to the 1 percent.
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The House (293-132) and the Senate (60-36) passed legislation today to extend federal unemployment insurance (UI) benefits and the payroll tax cut. UI benefits were set to expire Feb. 29 and the legislation that President Obama will sign extends the program for the nation’s nearly 13 million jobless workers through the end of the year.
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While unemployment insurance (UI) is running out for nearly 13 million unemployed workers, congressional Republicans have spent their time pushing a UI extension that included harsh and punitive requirements for jobless workers such as requiring unemployed workers to pay for re-employment services, acquire a high school degree, undergo drug testing and more. They also called for cutting 40 weeks of benefits from the unemployed.
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If Congress doesn’t act and renew unemployment insurance benefits for the nation’s jobless workers by Feb. 29, millions of workers like Kenny Wilkes will be left without a vital lifeline to keep their families head above water.
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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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Starting tomorrow and continuing next week, jobless workers in 15 states who face cut off of their unemployment insurance (UI) Feb. 29 will ask members of Congress to “Walk a Mile in My Shoes.”
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