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The White House announced that their $787 billion stimulus package has actually created almost 683,000 jobs in the first quarter of this year. Well, that’s not quite what they said. They said the package “funded” that many jobs, and that’s an important distinction to make. In other words, these are jobs that were either created [...]
The National Federation of Independent Business came out with a report saying that the hiring of temporary workers is not only up, but is surging. In the last month alone, around 52,000 new temporary positions were filled, and that gives the organization a feeling that, at least for some companies, regular employment might be just [...]
In good economic times, black people suffer greatly in the United States. When unemployment for the rest of the country was around 6%, for black people it was around 11%. For young people under the age of 25, it was around 25%; ironic, right? Therefore, it’s no surprise that with the country’s unemployment rate being [...]
Unemployment numbers are high across the country. Many communities have reached double digit figures, and the country as a whole is sitting on 9.8, which means it’s probably going to surpass that figure fairly soon. I’ve always been a bit leery of unemployment numbers. Unless the economy is humming, I’ve always known that you could [...]
In a report that should have shocked no one, the Labor Department announced that the unemployment rate went up to 9.7% from 9.4% in August. Job losses beat new jobs for the 20th month in a row. In a year, unemployment has risen from 6.2% to where it is now. I point that one out, [...]
This was somewhat unexpected, but it was reported early this morning that unemployment dropped by .1%, down to 9.4%, for the first time in a year. Even the number of lost jobs went down, hanging around 250,000. That’s good news, and some analysts are pointing to it saying that it might be proof that the [...]
A poll came out today saying President Obama’s approval rate has fallen below 60% for the first time since he was elected. It was also announced that unemployment went up again, especially in Michigan, which has an unemployment rate over 15%, the highest in 25 years. In a way, we owe James Carville for what [...]
