Unemployment rate edges down
The unemployment rate dropped slightly for the month of October to 9 percent, according to the U.S. Labor Department. About 80,000 non-farm jobs were added in the past month, less than the 103,000 the...
View ArticleMich. Court of Appeals rules cuts to welfare rolls can continue
The Michigan Court of Appeals has overturned a ruling from the Genesee County Circuit Court that had put a hold on implementing legislation that would remove thousands of families from the public...
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Government job growth estimates often inaccurate, with consequences seen at...
On Friday, the Bureau of Labor Statistics released their monthly jobs report, which estimated that 80,000 new non-farm jobs were created during October, and that the unemployment rate decreased very...
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Unemployment extension seen as likely to pass in Congress
The conventional wisdom in Washington seems to be that another year-long extension of federal unemployment benefits is likely to be approved in Congress despite strong Republican opposition in the...
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Chicago Fed President to his colleagues: Obey the law
The Federal Reserve Bank of Chicago has unveiled a new webpage that explains the Federal Reserve System’s dual mandate of achieving maximum employment while keeping prices stable, and shows key...
View ArticleVIDEO: Florida’s homeless children rate reaches epidemic proportions
60 Minutes aired a program this weekend shedding light on one of the little-discussed but heartbreaking aspects of the country’s persistent economic woes: an epidemic of homeless schoolchildren. The...
View ArticleHouse GOP bill links payroll tax cut to oil pipeline approval, cuts to...
A GOP bill that would cut payroll taxes for American workers and approve an oil pipeline also contains changes to federally funded unemployment compensation programs set to expire Dec. 31. CBS News...
View ArticleApproved GOP House bill extends payroll tax cuts, reduces unemployment...
The GOP-sponsored “Middle Class Tax Relief and Job Creation Act,” which extends payroll tax cuts and extends but reduces unemployment benefits through 2012, passed in the U.S. House Tuesday night, but...
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GOP Senate candidate criticizes ‘young people’
GOP Senate candidate Craig Miller (Photo: Flickr/Gage Skidmore) Taking a swipe at an unexpected group, U.S. Senate candidate Craig Miller tells Creative Loafing Tampa that “young people” are too...
View ArticlePayroll tax bill includes funds for more immigration detention beds
The congressional showdown over payroll tax cuts and unemployment benefits continues after the GOP-led House voted Tuesday against a Senate bill approved over the weekend. The bill to extend payroll...
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