Weak Employment Report Adds to Fears of “Double-Dip” Recession
San José, CA – On Friday, July 2, the U.S. Department of Labor reported that 125,000 jobs were lost in June. While the official unemployment rate fell from 9.7% in May to 9.5% in June, this was due to the 650,000 people that gave up looking for work and were no longer counted as unemployed. These signs of weakness in the labor market followed reports that housing and car sales were also weak in June. Altogether these reports increase the danger that the economy could slide back into a “double-dip” recession.
_Republicans in Senate Block Extension for Third Week in a Row _
San José, CA. On June 24, the U.S. Department of Labor reported that the number of people receiving Federal Extended Benefits fell by 375,000 in a single week. Between June 5 and June 12, more than 150,000 people stopped getting Federal Extended Benefits (EB), and another 200,000 stopped getting the Federal Emergency Unemployment Compensation (EUC). While some of these people were able to find jobs, the majority were dropped as funding for the Federal extended unemployment insurance ran out.
San José, CA – On June 24, Republican Senators, along with Nebraska Democrat Ben Nelson blocked a vote on extending Federal Unemployment Insurance benefits. After the 57-41 vote to end debate (60 votes are needed in the Senate to stop arguing and start voting), Democratic Senate leader Harry Reid of Nevada pronounced the measure dead.
San José, CA – On June 18, a Republican filibuster, aided by pro-war independent Joe Lieberman and Nebraska Democrat Ben Nelson, blocked an extension of federal unemployment benefits. The U.S. Department of Labor estimates that more than 900,000 laid-off workers will have had their unemployment benefit checks cut off as of June 19.
San José, CA – On June 4, the Department of Labor reported that there were 431,000 more jobs in May than the month before. But almost all of these new jobs were temporary workers hired for the 2010 Census. Only 41,000 jobs were added by businesses, down sharply from the 218,000 private sector job gain in April. This number was far worse than the 150,000 new jobs that economists expected private businesses to add in May. And of these 41,000 new private sector jobs, 31,000 were temporary help service workers. Despite the job gains this year, the economy is still down some 8 million jobs since the recession began in December of 2007.
Newark, NJ – The Community Coalition against Foreclosure and Homelessness rallied here, May 22, to demand that effective measures be taken by government to help victims of the housing bubble. Coalition members include the People’s Organization for Progress (POP), the Newark Teachers’ Association (NTA) and New Jersey Citizen Action (NJCA). In all there were 12 organizational sponsors.
Chicago, IL – Around 200 workers, students, and special guests from the Illinois state legislature came out for an energized protest against the Board of Trustees meeting, May 20, at the University of Illinois-Chicago. Protestors demanded that the incoming University of Illinois president Michael Hogan turn down his $170,000 raise, chanting, “Chop from the Top!” Members of SEIU Local 73 in conjunction with the coalition UIC-ABC (Against Budget Cuts) organized the picket and rally.
Minneapolis, MN – The Chop from the Top Coalition at the University of Minnesota, which includes undergraduate & graduate students, staff and faculty, blasted the budget proposal that University President Bob Bruinicks presented at a meeting of the Board of Regents, May 14th
St. Paul, MN – “You need a permit to do that,” the cops told the group of women writing last-minute posters outside Minnesota Governor Tim Pawlenty’s office, May 17. The posters were in preparation for the Minnesota Coalition for a People’s Bailout event on the last day of the Minnesota legislative session.
“Pawlenty thought he was a king. Now he is just pathetic.”
Fight Back! interviewed Linden Gawboy, a leader of the Welfare Rights Committee and the Minnesota Coalition for a People’s Bailout on the implications of the May 5 Minnesota Supreme Court decision limiting Governor Pawlenty’s power of unallotment. Gawboy has been involved with fighting for low-income people at the Minnesota state legislature for over 15 years.
