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News and Views from the People's Struggle

CapitalismAndEconomy

By staff

Washington, DC – In a surprise move, Representative Brad Schneider (D-IL) announced here today, March 11, that he would undertake a rarely used procedure in an attempt to force a House vote on Extended Unemployment Compensation (EUC). According to a press statement, Schneider will file a discharge petition on March 12, which would force a vote on benefits for the long-term jobless if a majority of House members sign it.

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By staff

Washington D.C. – Senate Majority leader Harry Reid announced this evening, March 4, that he had filed a bill to renew Extended Unemployment Compensation (EUC). In a twitter message he stated that, “We'll vote on it in the next few days.”

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By staff

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.

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By staff

Washington, DC – Senator Rand Paul of Kentucky was among those who voted against Extended Unemployment Compensation (EUC), Feb 6.

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By Masao Suzuki

Jobless hit by end to Extended Unemployment Compensation (EUC)

San José, CA – For the second month in a row, the Department of Labor employment report was weak, with only 113,000 new jobs created in January. Combined with the revised 75,000 jobs created in December, the two month average was only 94,000 new jobs each month, less than half the average increase in 2013 of more than 190,000. While the recession officially ended in the summer of 2009, there are still 850,000 fewer jobs than when the recession began in December of 2007.

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By staff

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.

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By staff

“Nothing short of criminal” says a FRSO leader

FRSO leader Steff Yorek speaking at march on Wall Street South

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.”

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By staff

EUC expected to come up again

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.

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By staff

Washington, DC – The Senate Democratic leadership announced today, Feb. 4, that a vote to extend benefits for long term unemployed workers is scheduled for Feb. 6.

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By staff

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.

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By Kas Schwerdtfeger

Republicans, Democrats Miss the Mark on Inequality

Milwaukee, WI – As soon as President Obama's State of the Union address was over, debates around the speech's central theme of wealth inequality were distributed in carefully packaged arguments to all who would listen.

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By Kas Schwerdtfeger

Republicans, Democrats Miss the Mark on Inequality

Milwaukee, WI – As soon as President Obama's State of the Union address was over, debates around the speech's central theme of wealth inequality were distributed in carefully packaged arguments to all who would listen.

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By staff

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.

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By staff

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.

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By staff

Washington, DC – In a 60-37 vote, the Senate passed a procedural measure Jan. 7 that allows a bill to restore Extended Unemployment Compensation (EUC) benefits to move forward.

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By Masao Suzuki

Federal Extended Unemployment Compensation (EUC) benefits expire as Republicans block vote

San José, CA – While people around the world are celebrating the New Year, 1.3 million long-term unemployed Americans will be facing an immediate cut-off of their Federal Extended Unemployment Compensation (EUC) benefits. In addition, an estimated 1.9 million unemployed workers will lose their benefits as their six months of state Unemployment Insurance (UI) runs out in the first half of 2014. These cuts came about as Republicans in both the House and Senate opposed votes to extend the benefits.

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By Masao Suzuki

San José, CA – The Extended Unemployment Compensation (EUC) program, which provides federal aid to jobless workers whose state Unemployment Insurance (UI) benefits have run out will expire at the end of 2013. This will cut off 1.3 million unemployed people immediately. Another 800,000 jobless workers who would have qualified for EUC won’t be able to extend their benefits in the first three months of 2014.

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By Masao Suzuki

Another step toward first U.S. debt crisis in history

San José, CA – Today, Oct. 15, right-wing Republicans in the House of Representatives stopped the House Republican leadership from trying to pass a compromise measure to re-open the federal government and raise its debt ceiling. This marks another step towards the first U.S. debt crisis in history.

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By Masao Suzuki

San José, CA – Four years after the Great Recession of 2007-2009 officially ended, millions of working people are being left behind by the expansion of the economy. While the stock market and corporate profits reached new highs, there are still millions of fewer jobs than before the recession began, and the official unemployment rate is closer to its recession high than the low before the recession. Things are bad.

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By Masao Suzuki

San José, CA – At midnight on Oct. 1, the federal government began a partial shutdown. Later that morning, hundreds of thousands of federal workers showed up to wind up work – putting up closed signs at national parks and monuments across the country and updating web pages saying that many functions were no longer available. Then they went home for an indefinite furlough without pay.

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