Fight Back! News

News and Views from the People's Struggle

Unemployment

By Masao Suzuki

San José, CA – On Dec. 22, the leadership of the Republicans in the House of Representatives said that they would sign on to a bipartisan compromise to renew federal Unemployment Insurance benefits. This compromise had passed the Senate by an 89-10 vote earlier in the week. The House Republican action came after intense pressure from the unemployed, Democratic politicians and even Republican Senators after the House of Representatives had voted down the compromise bill on a 229-193 vote on Dec. 20.

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By Masao Suzuki

San José, CA – On Dec. 9, Republican Congressman Dave Camp of Michigan introduced a bill, H.R. 3630, that would cut federal extended unemployment insurance benefits from a maximum of 73 weeks to only 33 weeks. In addition, the bill allows for a number of new hoops for jobless workers to jump through in order to get unemployment insurance benefits, including mandatory drug testing.

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By Masao Suzuki

San José, CA – On Friday, Dec. 2, the U.S. Department of Labor said that the official unemployment rate fell to 8.6% in November, from 9.0% in October. Despite being the lowest unemployment rate since March of 2009, the fall in the unemployment rate was mainly due to the more than 400,000 jobless workers who gave up looking for work and were no longer counted as unemployed.

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By Fight Back! Editors

On Dec. 31, funding for extended federal Unemployment Insurance will expire. If funding is not renewed, almost 2 million jobless workers will be cut off from their benefits in January and almost 4 million more will lose their benefits by the end of May, 2012 – all at a time where the official unemployment rate is still 9%.

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By Masao Suzuki

The recession ain’t over yet, fears of a ‘double-dip’ rise

San José, CA – On July 29, the Commerce Department released its report on Gross Domestic Product or GDP for the Second Quarter (April to June) of 2011. GDP, which measures the value of goods and services produced in the United States, rose at only a 1.3% annual rate, much slower than most mainstream economists expected. Even worse, the First Quarter (January to March) economic growth was cut from an earlier estimate of 1.9% to just 0.4%.

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By Masao Suzuki

San José, CA – On July 8, the U.S. Department of Labor released its report on unemployment and new job creation for the month June. The report said that the unemployment rate rose for the third month in a row to 9.2%, while only 18,000 new jobs were created. The job creation was much worse than most mainstream economists expected, and was less than one-tenth as many new jobs as in February, March and April. The number of new jobs created in May was revised down from a weak 54,000 to an even worse 25,000.

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By Masao Suzuki

Protest at Minnesota State Capitol

San José, CA – In the first week of June, two important reports showed a sharp slowdown in the U.S. economy. On Friday, June 3, the Department of Labor said that unemployment in May rose to 9.1%, while only 54,000 new jobs were created, far less than what mainstream economists were predicting. Two days earlier, on June 1, a report on home prices showed another drop of 4.2% in the first three months of 2011, bringing home prices to a new low since the housing market began to tank in 2006.

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By Masao Suzuki

San José, CA – On Nov. 18, Republicans in the House of Representatives blocked an attempt by the House Democrats to extend funding for Federal Unemployment Insurance, which expires on Nov. 30. If funding is not extended, almost a million jobless workers will be cut off from their benefits immediately. Over a million more will lose their benefits by the end of December.

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By Masao Suzuki

San José, CA – On Oct. 8, the Department of Labor reported that local public schools had cut 49,800 jobs in September. Included in the layoffs this fall was kindergarten teacher Amanda VanNess, who stood with President Obama when he signed a bill giving $26 billion to local schools in August of 2009. While this federal stimulus money did save Ms. VanNess’ job in the Toledo (Ohio) Public School District in 2009, she was laid off this fall as the district’s drop in students led to another round of cuts.

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By staff

Members of the Network to Fight for Economic Justice have been leafleting and petitioning at unemployment offices demanding that Congress and state governments take action to extend and expand unemployment benefits.

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