Unemployment
WASHINGTON, DC - FEBRUARY 15: House Republican Conference Chairman Rep. Jeb Hensarling (R-TX) makes brief remarks after a House Republican caucus meeting at the U.S. Capitol February 15, 2012 in Washington, DC. House Republican leaders announced that they would offer a bill on February 17 to extend the $100 billion payroll tax cut without requiring spending cuts to pay for it, extend unemployment benefits and prevent a large cut in reimbursements to doctors who accept Medicare.
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Quotes
You can't run a government on a 14 percent unemployment rate … we can't run a state on that
The developed economies are on the brink of a downward spiral enacted by four weaknesses that mutually reinforce each other: sovereign debt distress, fragile banking sectors, weak aggregate demand (associated with high unemployment and fiscal austerity measures) and policy paralysis caused by political gridlock and institutional difficulties
For the crisis, unemployment, poverty, exploitation, immigration...responsible the imperialism. Let's organize, unite and fight...More quotes »
Newsday's coverage
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Long Beach official asked to take a leave
Fagen, also a Democrat, to step aside from his duties after his indictment last week on charges of illegally collecting unemployment benefits."We felt very strongly that he needed time for himself to get his house in order, to deal with this," said Council 2/14/12 Read more »
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Obama: Signs of progress on payroll tax cuts
that its costs be offset by other budgetary cuts.But some Democrats are reluctant to separate the payroll tax cut extension from the unemployment benefits and want them acted on at the same time.Obama made his remarks Tuesday surrounded by individuals the Read more »
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Executive Suite: Robert Sopp, Garden City
schools dismiss shop programs, but he's eager to see them partner with industry to give students technical training, and lower the unemployment rate. What skills are you looking for in potential employees? We have opportunities for technical people. We hire Read more »
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4-week jobless aid claims lowest since '08
chief economist at Commonfund in Wilton, Conn. U.S. employers added 243,000 workers to their payrolls in January and the unemployment rate dropped to a three-year low of 8.3 percent, leading many Wall Street economists to push their growth forecasts higher. Read more »
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Long Beach councilman faces added charges
prosecutors said. After his inauguration, he falsely certified that he was unemployed every week and continued to collect unemployment compensation, prosecutors said. "The voters of Long Beach trusted Michael Fagen to represent their interests and uphold their Read more »
Around the web
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Singapore Seen Aiding Poor as 14-Year Low Jobless Spurs Costs
Singapore’s 2012 budget will probably feature assistance for the poor even after the island reported its lowest unemployment rate since the late 1990s, as policy makers seek to address the soaring cost of living. The government may improve a program to s 52 m ago from Bloomberg.com Read more »
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Unemployed face cutback in benefits
Congress appears to be ready to continue the payroll tax reduction through the end of the year, but long-term unemployment benefits would be cut to 73 weeks from the current 99 weeks. Congressional leaders say they have reached a compromise that would ex 54 m ago from The Orange County Register Read more »
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Politics News: UK unemployment figure hits 16-year high as 16,000 Scots lose their jobs in three months
THE UK's jobs "crisis" worsened today when the unemployment rate reached a 16-year high. The figures were compounded by news that a record number of people are working part-time because they cannot find full-time positions. In Scotland alone, unemploymen 56 m ago from The Daily Record Read more »
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Eurozone has one foot in recession
Eurozone has one foot in recession By PAN PYLAS AP Business Writer By PAN PYLAS Updated: 2012-02-15T14:10:33Z Alastair Grant Right to Work protesters demonstrate outside the Department of Work and Pensions in London, as the latest jobless figures are rel 10:55 AM from KansasCity.com Read more »
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Britain's "Real Unemployment Rate" Approaches 7m
Posted by - Ed Conway .A few months ago I wrote about the fact that the official unemployment figures mask the real weakness of the labour market at present. They fail to include the millions of people who want to work but are either shut out from the la 10:50 AM from Sky News Blogs Read more »