Adolfo Laurenti, the Deputy Chief Economist at Mesirow Financial, recently aired his views on the current unemployment situation in America in his monthly newsletter, Themes on the Global Markets. “There is a deeper and broader transformation currently taking place in the labor market - at least a portion of the rise in unemployment that we [...]
Unemployment Extension - Senate Passes Small Business Lending Act
A landmark small business jobs bill that aims to significantly improve lending to America’s entrepreneurs, as well as provide around $12 billion in tax cuts to small businesses across the nation, was recently passed by the United States Senate. The bill aims to help small businesses get increased access to capital, in order to help [...]
Unemployment Extension - No Decision Until After The Mid-Terms
99ers and other advocates for a new Tier 5 to be introduced to the existing federal benefits structure will be disappointed to learn that although congress returns to Washington this week, their agenda does not include any legislation pertaining to the unemployment extension issue. With the mid-term elections looming, the unemployment extensions issue seems to [...]
Unemployment Extension - New Poll Predicts Republicans To Do Well In Mid-Terms
99ers and other advocates for the creation of a new Tier 5 to the existing federal unemployment benefits structure have cause for concern following the release of the results of a recent Gallup Poll, which indicated that far more Republicans were interested in the mid-term elections and were likely to vote in these elections than [...]
Unemployment Extension - Another 26,000 Jobs Under Threat In Illinois
Up to 26,000 workers in Illinois could find themselves unemployed at the end of this month if the Senate fails to extend a federal funding package that enabled the State of Illinois to establish a program known as “Put Illinois to Work,” through which public and private sector jobs for unemployed parents and youth were [...]
Unemployment Extension - No Progress From President Obama and Secretary of Labor
The unemployment issue continues to make headlines, but 99ers and other advocates for the addition of a new Tier 5 to the current unemployment benefits structure remain disappointed, with no progress being made with regard to unemployment extension. President Obama recently commented on the unemployment issue during a speech addressing the American public, and assured [...]
Unemployment Extension - No Decision Expected Until After November 2nd
The latest unemployment figures released by the US Department of Labor indicate that there was a slight drop in the number of new unemployment benefits applications being filled out last week, after the results released the previous week which indicated that over half a million people signed on for unemployment benefits in just one week. [...]
Republicans Voice Opposition To Implementation Of New Tier 5 Unemployment Benefits
The 99ers, the unemployed people in America who have exhausted the 99 weeks’ worth of federal unemployment benefits given under the current benefits structure, as well as the numerous other supporters of the introduction of a new Tier 5 to the current benefits structure were disappointed by the stance against unemployment extension being taken by [...]
Unemployment Extension Update: US Unemployment Figures Affecting Economies Around the World
Recent statistics released by the US Labor Department indicated that during the week ending on the 14th of August, an incredible 500,000 increase was recorded in the number of unemployed workers filing for unemployment benefits. The US economy has all but stalled, and the repercussions of this have been felt globally, as troubles in the [...]
Unemployment Benefits Claims Increase by 500,000
The latest unemployment figures released by the US Labor Department report that the number of people filing for unemployment benefits increased by an unexpectedly high figure of 500,000 during the week ending on the 14th of August 2010. A substantial increase in the number of people claiming benefits under the current federal extensions to the [...]