San José, CA – The headline news that the unemployment rate for March jumped by almost a full percentage point, to 4.4%, was bad enough. The actual unemployment rate was much higher by the end of March, given that the more 10 million people who lost their jobs and filed for unemployment insurance benefits in the last two weeks of March were not counted. Adding in these workers would have increased the unemployment rate by more than 6%, raising the total rate at the end of March to about 10.5%.
Patras, Greece – The first day of the big March Against Unemployment, which will travel 220 km from Patras to Athens concluded with enormous success on April 4.
San José, CA – On July 2, the Labor Department released its report on the job market for June of 2015. The official unemployment rate fell to 5.3% in June from 5.5% in May, the lowest since the early months of the recession in April 2008. In addition, the payroll jobs report showed a gain of 223,000 in June. With unemployment down and job numbers up, the economic expansion continues.
_Extended Unemployment Compensation (EUC) still needed _
Washington DC – Statistics released by the federal government on Jan. 27 indicate that high unemployment rates persist in a good number of states. California, home to almost 40 million people and the most populous state in the U.S., has an unemployment rate of 7%. In December, Mississippi had the highest unemployment rate of all states, coming in at 7.2%. Topping the list is Washington D.C., with an unemployment rate of 7.3%. Rhode Island and Nevada are also plagued by high unemployment.
Washington, D.C. – Statistics compiled by the federal government indicate that there is still a large number of long-term unemployed workers, despite the modest economic expansion. According to a Jan. 9 statement from the Bureau of Labor Statics, “In December, the number of long-term unemployed (those jobless for 27 weeks or longer) was essentially unchanged at 2.8 million and accounted for 31.9% of the unemployed.”
Growing economic inequality means only the rich are getting richer
San José, CA – On Tuesday, Sept. 16, the Census Bureau released their annual report on income and poverty for 2013. The report showed that the typical household had a small gain in their income for the first time since 2007. The median household income, at $51,939 was still below that of 1996, when adjusted for inflation. It is still down 8% from 2007 and 8.7% less than its peak in 1999.
Result of the federal cutoff of Extended Unemployment Benefits?
San José, CA – On Sept. 5, the Department of Labor’s monthly report on the job market said that employment grew more slowly in August. There was a rise of only 142,000 jobs, much less than the average of about 240,000 for the last six months. In addition, the Labor Department revised down the job gains for June and July by 28,000.
Washington, DC – Data released by the federal government July 18 show that many states continue to suffer from consistently high rates of unemployment. House Republican leaders are blocking efforts to restore emergency benefits for the long-term unemployed.
Washington, DC – Conservative pundits are praising Republican lawmakers for blocking legislation in Congress to restore Emergency Unemployment Compensation (EUC). More than 3 million workers have lost benefits since Congress allowed benefits to lapse in late December. Many of the unemployed are facing home foreclosures, have had their car repossessed and have lost their health coverage.
Washington, DC – On May 1, Senators Jack Reed (D-RI) and Dean Heller (R-NV), the authors of the Senate bill to extend unemployment benefits to the to the long-term jobless, told the House leadership to allow a vote on proposed extension.
Washington, DC – Legislation to extend unemployment benefits for the long-term jobless passed the Senate, April 7. Nearly 3 million workers have gone without unemployment insurance since Congress failed to extend benefits last December.
Washington, DC – In a press statement, March 31, Senate Majority Leader Harry Reid said, “Notwithstanding this opposition to extending unemployment benefits I am confident we will pass this bipartisan legislation here in the Senate this week. Once passed, the matter is then in the hands of the Republicans who control the House of Representatives.”
Washington D.C. – Congress has failed the unemployed, by going into recess without passing legislation to extend unemployment benefits for the long-term jobless. Senate majority leader Harry Reid tweeted, Feb. 12, that the issue would be “revisited” when the Senate goes back into session Feb.25.
Washington, D.C. – Below is a list of how members of the Senate voted, Feb. 6, on the 3 month extension of unemployment benefits for long term jobless workers. It is expected that the issue will come up again in the Senate. A “Nay” vote is a vote against EUC.
Washington, D.C – Steff Yorek, the Political Secretary of Freedom Road Socialist Organization, condemned the Senate’s Feb. 6 failure to pass Extended Unemployment Compensation (EUC), stating it was “nothing short of criminal.”
Washington, D.C. – The Senate failed to pass measures to restore Extended Unemployment Compensation (EUC) for long-term jobless workers. With a 42 to 55 vote, Republicans blocked moving ahead on extending benefits for the unemployed.
Washington, DC – According to widespread reports here, Feb. 2, the Senate is close to an agreement that would allow a vote on Extended Unemployment Compensation (EUC) the week starting Feb. 3.
Washington, DC – Another day has passed without the Senate taking action on Extended Unemployment Compensation (EUC) benefits. While Senators met Jan. 24, no agreements were reached on legislation to address the situation of the 1.3 million workers who have been cut off from benefits for the long term unemployed.
Washington, DC – Attempts to restore Extended Unemployment Compensation (EUC) benefits stalled in the Senate, Jan. 14, when Republicans and Democrats clashed over what austerity measures and budget cuts would be linked to the proposed extension. Observers believe it is unlikely that any action on benefits for the long-term unemployed will take place before the end of the month.
