Archive for jobs jobs jobs

Fewer Americans Than Forecast File Unemployment Claims

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Just need to keep it going in this direction.

Fewer Americans than forecast filed first-time claims for unemployment insurance payments last week, easing concern that the labor market was deteriorating.

Applications for jobless benefits decreased by 14,000 in the week ended June 30 to 374,000, the fewest since mid May, Labor Department figures showed today. Economists forecast 385,000 claims, according to the median estimate in a Bloomberg News survey. A Labor Department spokesman said there was nothing unusual in the data.
Enlarge image Fewer Americans Than Forecast Filed Jobless Claims Last Week

Fewer firings help pave the way for faster job creation when companies grow more confident about the economic outlook. A report tomorrow may show the world’s largest economy added 90,000 jobs in June, capping a second quarter where employment growth slowed to half the pace of the prior three months.

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VIDEO- Ezra Klein: "It was a 'recovery' jobs number, not just an 'okay' number."

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Dear John "Where are the jobs?" Boehner and Co.  This one's for you.

Visit msnbc.com for breaking news, world news, and news about the economy

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Video- Interesting Idea for "Buying American", Creating Jobs

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Visit msnbc.com for breaking news, world news, and news about the economy

I have to say that I don't normally pay attention to the Dylan Ratigan Show, but I happened to see this while doing something else and it really got my attention. I'm not good with statistics etc, but the idea that if each person just spent $64 dollars this holiday season buying American made goods, jobs would be created sounds wonderful to me. Here is the site, it's not up yet but supposed to do a promotion this weekend. I also got an viral email from one of my Labor buddies this week asking people to consider giving the gift of services this year instead of regular presents, therefore keeping local people in local jobs employed, i.e. hairdressers, bakeries, pet groomers etc, another good idea.

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Most of the unemployed no longer receive benefits

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Sad, so sad. Looks like we'd be better off shoring up the social safety nets instead of extending unemployment (god forbid we'd do both).

WASHINGTON — The jobs crisis has left so many people out of work for so long that most of America's unemployed are no longer receiving unemployment benefits.

Early last year, 75 percent were receiving checks. The figure is now 48 percent - a shift that points to a growing crisis of long-term unemployment. Nearly one-third of America's 14 million unemployed have had no job for a year or more.

Congress is expected to decide by year's end whether to continue providing emergency unemployment benefits for up to 99 weeks in the hardest-hit states. If the emergency benefits expire, the proportion of the unemployed receiving aid would fall further.

The ranks of the poor would also rise. The Census Bureau says unemployment benefits kept 3.2 million people from slipping into poverty last year. It defines poverty as annual income below $22,314 for a family of four.

Yet for a growing share of the unemployed, a vote in Congress to extend the benefits to 99 weeks is irrelevant. They've had no job for more than 99 weeks. They're no longer eligible for benefits.

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U.S. Unemployment Down Sharply in Early October

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Oh dear sweet jeebus, I so need this.

PRINCETON, NJ -- Unemployment, as measured by Gallup without seasonal adjustment, is 8.3% in mid-October -- down sharply from 8.7% at the end of September and 9.2% at the end of August. A year ago, Gallup's U.S. unemployment rate stood at 10.0%. While seasonal hiring patterns may explain some of this improvement, the drop suggests the government could report an October unemployment rate of less than 9.0%.

In addition to the drop in unemployment, Gallup also found a decline in the percentage of part-time workers who want full-time work, to 9.2% in mid-October from 9.6% at the end of September.

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Video- Anita Perry Defends Hubby's Job Creation Record: ‘People Are Hungry For’ Minimum Wage Jobs

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Much more on TP.

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VIDEO: Pres. Obama: "There's No Reason We Can't Be Selling Goods All Around The World Stamped Made In America"

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