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Showing blog posts tagged with unemployment

Metro Jobless Rates for African Americans, Latinos in Double Digits Through 2011

Metro Jobless Rates for African Americans, Latinos in Double Digits Through 2011

African American workers’ jobless rate in 2011 hovered between 9.7 percent and 22.6 percent in 19 major metropolitan areas, according to new data from the Economic Policy Institute (EPI). Overall, the black unemployment rate was two to three times as high as that of whites. EPI also found that the 2011 unemployment rate among Latino workers was higher than 10 percent in 17 of 25 metro areas.

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Scott Brown: Wall St.’s Favorite Senator

Scott Brown: Wall St.’s Favorite Senator

Massachusetts Voters Beware. Millionaire candidate Sen. Scott Brown portrays himself as an “average guy in a pickup” when in reality he’s a big backer of Wall Street, not Main Street.

Scott Brown: Wall Street’s Favorite Senator,” a new website launched by the Massachusetts AFL-CIO, highlights Brown’s two-year anti-worker voting record in the Senate.

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69,000 Jobs Created in May

Truthout

Jobs increased by only 69,000 in May, well below the 100,000 per month needed just to keep up with new job entrants, according to data the U.S. Bureau of Labor Statistics released this morning and far from the 226,000 average number of new jobs created in the first three months of the year. The unemployment rate worsened from 8.1 percent in April to 8.2 percent in May.

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Pa. AFL-CIO Reaches Out to Help Jobless

The Pennsylvania AFL-CIO partnered with the United Way of Erie County last week to host an unemployment resources fair for jobless workers as part of Project Back on Track, a new program intended to help the unemployed. Pennsylvania AFL-CIO President Richard Bloomingdale says several more resource fairs are planned around the state.

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Older Workers Have Highest Long-Term Jobless Rate

Older workers who lose their jobs have the highest rate of long-term unemployment compared to any other age group. In 2011, more than half of jobless workers, ages 50 years and older, were out of work for more than six months. The trend continues this year. Christine Owens, executive director of the National Employment Law Project (NELP), told the Senate Special Committee on Aging this afternoon:

The prospects are dim for older workers who lose their jobs.

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Krugman: Challenge to Nation's Economy Political, Not Technical

Krugman: Challenge to Nation's Economy Political, Not Technical

It’s not technically hard to put millions of unemployed workers back on the job—the real challenge is political, says Nobel Prize-winning economist Paul Krugman. Even returning the public-sector jobs that have been slashed at the state and local levels could lower the unemployment rate to nearly 7 percent or under, he said.

Krugman spoke this week at the Economic Policy Institute (EPI) and on a variety of media outlets around the nation to promote his new book, End This Depression Now! In short, says Krugman:

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Jobs Grow by 115,000 in April

Calculated Risk

Job growth in April rose by 115,000, above the 100,000 needed to keep up with new job entrants. The unemployment rate improved a tad, from 8.2 percent in March to 8.1 percent in April, as did the number of jobless, which declined from 12.7 million in March to 12.5 million in April, according to U.S. Department of Labor data released this morning. Some 14.5 million workers remain unemployed, underemployed or have given up looking for work.

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Republicans Push Corporate Takeover of Public Job Training System

In yet another move to put power in the hands of the 1 percent, House Republicans have introduced legislation to hand over the nation’s publicly administered job training and workforce development system to the corporate sector.

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Even Ariz. Businesses Oppose Parts of the Extreme Agenda Pushed in Phoenix

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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LCLAA: Latinas Face Hardship at Work, in Communities

Latina workers face marked disadvantages in the workplace and the job market, according to a report released yesterday during the Labor Council for Latin American Advancement (LCLAA) Trabajadoras Awards Luncheon honoring Latina leaders who have paved the way for working women to have a better quality of life. The report, “Trabajadoras: Challenges and Conditions of Latina Workers in the United States,” examines economic and social issues affecting Latina workers, conditions of Latina immigrants, the role unions play in providing economic security and issues facing Latino children and youths.

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