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Broader underemployment worsened to 19% in December — up sharply from 17.2% at end of Nov… Whatever the government reports about unemployment on Friday, Gallup’s U.S. underemployment data for the end of 2010 show that nearly one in five Americans continue to be unemployed or employed part-time looking for full-time work. In turn, this underscores […]
December 9, 2010
More than 50 percent of Americans say they are worse off now than they were two years ago when President Barack Obama took office, and two-thirds believe the country is headed in the wrong direction, a Bloomberg National Poll shows. The survey, conducted Dec. 4-7, finds that 51 percent of respondents think their situation has […]
December 6, 2010
As unemployment in the U.S. nears the dreaded 10 per cent mark, it is a chart to chill the bones of any job hunter. Comparing previous recoveries from all 10 American recessions since 1948 to the current financial crisis, the stark figures show almost no improvement in employment figures in the past year. Some commentators […]
December 5, 2010
Newsflash: The unemployment rate jumped to 9.8 percent in November. Backlash: Democrats immediately set to making matters worse. With the Bush tax cuts due to expire on Dec. 31, House and Senate Dems wasted precious hours this week on symbolic votes as they tried to ignite class warfare against Republicans. Sen. Claire McCaskill suggested taxpayers […]
December 3, 2010
The U.S. economy added fewer jobs than expected in November and the unemployment rate rose to its highest level since April, indicating the economic recovery remains weak “17 months after the recession ended.” The unemployment rate, which is obtained from a separate household survey, unexpectedly rose to 9.8% last month. More than 15 million people […]
December 1, 2010
The Federal Reserve offers details on the loans it gave to banks and others at the height of the financial crisis. One program alone doled out nearly $9 trillion. The numbers are staggering, encompassing more than a dozen emergency programs set up starting in 2007 or 2008. In one program alone the Fed doled out […]
November 30, 2010
Although the deadline to file for extended unemployment insurance is officially Nov. 30, many jobless have already filed their last claim for benefits. And since lawmakers aren’t likely to extend the deadline anytime soon, many more unemployed Americans will run out of their extended federal benefits in coming weeks. About 2 million people are expected […]
November 30, 2010
Federal Reserve chairman Ben Bernanke on Tuesday warned current high levels of unemployment could become entrenched and have a “very long-term effect” on the US economy. Describing job creation as “probably the most important economic issue facing America today,” Bernanke cautioned on the risks of long-term unemployment during a debate in Ohio. With nearly 40 […]
November 30, 2010
A hot microphone caught a conversation between a male and female Senator. “Because — because, it’s all rigged. I mean, the whole conversation is rigged. The fact that we don’t get to discussion before the break about what we’re going to do in the lame duck is just rigged. This stuff’s rigged,” the Senator said. […]
November 18, 2010
The House failed Thursday to pass a bill that would have given the unemployed three more months to file for extended jobless benefits. The legislation would have extended the deadline to file for federal unemployment benefits to Feb. 28, sparing 4 million people from falling off the rolls. The deadline is currently Nov. 30. via […]
The Conservatives' Journal
January 6, 2011
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