Quick Facts
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Long-Term Unemployed May Get Benefits After All
Long-term unemployed people who lost their benefits at the end of last year now have hope of getting that money after all. A group of bipartisan senators struck a deal today to extend the benefits for five months, retroactive to December, reports Politico . Because five Republicans already have signed on... Go to Source Author: John Johnson
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Unemployment Ticks Up to 6.7%
Pretty decent news in today's jobs report: 175,000 jobs were added in February; economists had expected 152,000. The unemployment rate ticked up from 6.6% to 6.7%. It had been expected to drop to 6.5%, but the AP explains why you shouldn't be alarmed: It went... Go to Source Author: Evann Gastaldo
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Jobless Rate 6.6%, but That Fails to Impress
Another disappointing jobs report: Just 113,000 jobs were created in January; economists had expected 189,000, and the average monthly gain in 2013 was 194,000. The unemployment rate did tick down to 6.6% from 6.7% , as had been expected; that's a 5-year low, the AP reports.... Go to Source Author: Evann Gastaldo
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300 Companies Promise to Help Long-Term Jobless
President Obama says he has secured a pledge from more than 300 companies to rethink their hiring practices with the goal of helping the long-term unemployed. The president is meeting with top business leaders today at the White House, but he offered some details to CNN about the initiative last... Go to Source Author: John Johnson
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Jaws Drop Over December Jobs Report
A pretty dismal number on today's jobs report: Just 74,000 jobs were created in December, the smallest monthly increase in three years; economists had expected 200,000. And while the unemployment rate fell to 6.7% from 7.0%, it was "for all the wrong reasons," writes Steven Russolillo... Go to Source Author: Evann Gastaldo
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Jobless Bill Clears Key Senate Vote in Squeaker
A bill to revive extended unemployment benefits squeaked through its first procedural vote 60-37, a narrow win that outlets including Politico are characterizing as a surprise. Six moderate Republican senators voted with Democrats to renew the recently expired benefits: Kelly Ayotte, Susan Collins, Dan Coats, Dean Heller, Lisa Murkowski, and... Go to Source Author: Kevin Spak
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Dems Raising a Ruckus Over Jobless Benefits
President Obama plans to climb the bully pulpit this week and hammer Congress—but really, just congressional Republicans—for failing to extend long-term unemployment benefits. The White House has concocted a plan to keep the issue in the news on a daily basis, Politico reports. Tomorrow, Obama will invite a... Go to Source Author: Kevin Spak
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Unemployment Down to 7%
Today's jobs report beat expectations, with 203,000 new jobs added in November and the unemployment rate sliding to 7.0%. Economists had expected 180,000 new jobs and an unemployment rate of 7.2%, down from October's 7.3%, the Wall Street Journal reports. The unemployment rate is at... Go to Source Author: Evann Gastaldo
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For 2M Jobless, Benefits Set to Dry Up
Some 1.3 million Americans could lose their unemployment benefits at the end of the year, with another 850,000 seeing benefits expire in March 2014 if Congress doesn't extend an emergency plan that ends Dec. 31. And though congressional Democrats and the White House are urging an extension, it's... Go to Source Author: Matt Cantor
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More Women Working Now Than Before Recession
The number of women in the US workforce has hit a record 67.5 million—meaning more women are working now than were before the recession, the Wall Street Journal reports. The previous record for women was 67.4 million in 2008, Labor Department figures say; meanwhile, men haven't yet... Go to Source Author: Matt Cantor
