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House Republicans give in; agree to extend federal Unemployment Insurance Benefits two months
BY Masao Suzuki | San Jose, CA | 12/23/11
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.
Unemployment, unemployment insurance
Republican bill would chop Federal Unemployment Insurance more than half
BY Masao Suzuki | San José, CA | 12/14/11
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.
Federal Unemployment Insurance, Unemployment
Unemployment rate falls as hundreds of thousands give up job search
BY Masao Suzuki | San José, CA | 12/04/11
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.
economy, Unemployment
Tell Congress to renew Extended Unemployment Insurance benefits now!
BY Fight Back! Editors | United States | 11/27/11
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%.
Unemployment, unemployment insurance
Cuts in government spending push economy to edge of another downturn
BY Masao Suzuki | San Jose, CA | 8/01/11
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%.
Capitalism, double dip recession, economy, GDP, recession, Unemployment
Almost no new jobs created in May and June, unemployment rate rising
BY Masao Suzuki | San José, CA | 7/18/11
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.
Unemployment
Unemployment Up, Home Prices Down as U.S. Economy Slows
BY Masao Suzuki | San José, CA | 6/06/11
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.
Department of Labor, Economic Crisis, Unemployment
House Republicans Block Unemployment Insurance Extension
BY Masao Suzuki | San José, CA | 11/21/10
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.
Unemployment, unemployment insurance
50,000 Public Education Jobs Cut in September
BY Masao Suzuki | San José, CA | 10/14/10
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.
Public Education, Unemployment
Build the Fight for Jobs or Income Now!
BY Staff | Minneapolis, MN | 9/02/10
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.
Economic Crisis, Network to Fight for Economic Justice, Unemployment
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