Saturday June 23, 2018
| Last update: Saturday at 8:16 PM
BY Masao Suzuki | San Bruno, CA | 8/25/10
On Aug. 25, the Commerce Department reported that new home sales in July fell 12.4% from the level of sales in June, and were 32.4% lower than July of 2009. This report, which was much worse than most economists expected, followed a report by the National Association of Realtors the day before that sales of existing homes in July fell 27.2% from June, and were 25.5% lower than a year earlier.
BY Masao Suzuki | San José, CA | 7/23/10
On July 22 the House of Representatives voted 272-152 to extend the Federal Emergency Unemployment Compensation (EUC) and Extended Benefits (EB) programs and President Obama signed the extension into law.
BY Masao Suzuki | San José, CA | 7/17/10
On July 15, the U.S. Department of Labor reported that another 250,000 unemployed were cut from federal unemployment insurance rolls.
BY staff | Saint Paul, MN | 7/10/10
On July 8, members of the Welfare Rights Committee (WRC) gathered outside the Ramsey County welfare office, holding signs and passing out fliers urging people to hold the candidates for office, especially the governor’s office, accountable to the poor, unemployed and homeless.
BY Masao Suzuki | San Jose, CA | 7/09/10
On July 8, the U.S. Department of Labor reported that almost 350,000 unemployed were dropped from federal unemployment insurance rolls.
BY Masao Suzuki | San José, CA | 7/04/10
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 gave up looking for work and were no longer counted as unemployed.
BY Masao Suzuki | San José, CA | 7/02/10
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.
Unemployment
BY Masao Suzuki | San José, CA | 6/25/10
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.
BY Masao Suzuki | San José, CA | 6/21/10
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.
BY Masao Suzuki | San José, CA | 6/07/10
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 Apri
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