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Jobless claims rise to highest level in 9 months

Jobless claims rise to highest level in 9 months

Employers appear to be laying off workers again as the economic recovery weakens. The number of people applying for unemployment benefits reached the half-million mark last week for the first time since November.

 

Voters fault Obama on jobs

A majority of Americans believes President Barack Obama has neglected job creation and economic fears are weighing heavily on Democrats ahead of November 2 elections, a Reuters-Ipsos poll found on Tuesday.

 

White House Predicts Record $1.47 Trillion Deficit

The new estimates paint a grim unemployment picture as the economy experiences a relatively jobless recovery.

 

House to approve jobless benefits extension

Congress is one House vote away from resuming unemployment payments to millions of people whose benefits have lapsed as the nation suffers through a wretched job market.

 

US jobless claims rose 37,000 last week

New U.S. claims for jobless benefits climbed more steeply than anticipated last week, according to a Labor Department report on Thursday that further underlined the drag on economic activity from persistently weak job markets.

Senh: I wonder if the newly unemployment benefits extension has anything to do with it.

 

Senate ends standoff, votes to restore jobless aid

Senate ends standoff, votes to restore jobless aid

The Senate voted on Wednesday to reinstate unemployment benefits for about 2.5 million Americans whose checks were cut off in recent months due to a partisan standoff over deficit spending.

 

Jobless Rates Drop in Most States

The jobless rate in 39 states and Washington, D.C. fell in June compared to the prior month, the Labor Department said. Just five states saw unemployment rate increases.

 

Jobless in Cuba? Communism faces the unthinkable

Jobless in Cuba? Communism faces the unthinkable

It's a common sight in communist Cuba. Here, nearly everyone works for the state and official unemployment is minuscule, but pay is so low that Cubans like to joke that "the state pretends to pay us and we pretend to work."

Senh: I guess that's one reason why it's hard to make Communism work, because no matter how hard you work, you still get paid the same amount as the lazy bastard who's pretending to work.

 

Mike Pence Explains Why America Can Afford Tax Cuts For The Rich But Not Jobless Aid

Mike Pence Explains Why America Can Afford Tax Cuts For The Rich But Not Jobless Aid

The unsavory task of explaining why America apparently can't afford to help the unemployed but can afford tax cuts for the rich fell to Rep. Mike Pence (R-Ind.) on Sunday.

 

Companies pile up cash but still won't add jobs

Despite impressive earnings, all the good news from big business hasn't translated into much promise for jobless Americans.

 

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