Jobs Report This Isnt Working For Working People
The economy produced only an additional 115,000 jobs in April, with the unemployment rate going down to 8.1 percent only because some 342,000 people dropped out of the labor force.
The economy produced only an additional 115,000 jobs in April, with the unemployment rate going down to 8.1 percent only because some 342,000 people dropped out of the labor force.
Today’s jobs report—120,000 new jobs created in March—underscores what we have been arguing for months: We must have a dramatic increase in the investments we need to make in infrastructure, education and other fundamenta
There is modestly good news for jobseekers in the February jobs report today from the Bureau of Labor Statistics, with the economy creating 227,000 new jobs and the unemployment rate holding steady at 8.3 percent. But once again the Obama administration and Democrats in Congress would be well advised to resist the urge to crow […]
President Obama today will go to a fire house in the Virginia suburbs of Washington to tout his plan to promote hiring of veterans as first responders.
On Wednesday the House voted to extend a two-year federal worker pay freeze an additional year. These workers, instead of getting a raise at the end of 2012, will have to wait until the end of 2013. (The House vote and our analysis is posted on our sister site, TheMiddleClass.org.)
Dr. Martin Luther King Jr. laid down this marker during his “I Have A Dream” speech in 1963:
It may not feel like it, but we dodged a bullet in 2011 when it came to unemployment.
Congress could this week enact legislation, if it chose to, that would create more than 5 million jobs in the economy over the next two years. That works out to more than 208,000 jobs a month, well above the average of 132,000 jobs a month that have been created over the last 11 months of […]
“You can’t evict an idea whose time has come.” That was the message posted on OccupyWallSt.org as early this morning, police began to storm the Occupy Wall Street protests in Zuccotti Park in lower Manhattan. To prove it, supporters of the Occupy movement have vowed to pull out all the stops to make November 17 […]
On Wednesday, the day before hundreds of Occupy events are scheduled to break out across the country, members of the Congressional Progressive Caucus will be holding a hearing highlighting the “jobs, not cuts” theme that is a key part of the Occupy movement. The hearing is designed to underscore the damage that the kinds of […]