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WASHINGTON — A burst of hiring in December pushed the unemployment rate to its lowest level in nearly three years, giving the economy a boost at the end of 2011.
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The Labor Department said Friday that employers added a net 200,000 jobs last month and the unemployment rate fell to 8.5 percent, the lowest since
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WASHINGTON– The outlook for the job market is looking brighter.
Far fewer people are seeking unemployment benefits than just three months ago – a sign that layoffs are falling sharply.
SEE ALSO: If Obama Loses, What Will He Do Next?
The number of people applying for benefits fell last week to 366,000, the fewest since May 2008. If the number stayed that low consistently, it would likely signal that hiring is strong
(WOIO) -
Ohio’s unemployment rate was 9.1% in August, up slightly from 9.0% in July, according to data released Friday morning by the Ohio Department of Job and Family Services.
The number of workers unemployed in Ohio in August was 536,000, up from 529,000 in July. The number of unemployed has decreased by 47,000 in the past 12 months from 583,000.
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Obama Talks Jobs As Many Experience Unemployment
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If you know you are about to get an income reduction or lose your job, some advanced planning will transform a potential calamity into an opportunity.
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Economists are warning that a recession now would be far worse than the recession that ended in 2007.
Today the economy has 5 percent fewer jobs, and the unemployment rate has almost doubled since the onset of the last recession.
The NewYorkTimes.com reports:
Read More“It would be disastrous if we entered into a recession at this stage, given that we haven’t yet made up for the last recession,” said Conrad DeQuadros, senior economist at RDQ
The Congressional Black Caucus (CBC) launched a “For the People” Jobs Initiative Monday, including nationwide job fairs and town hall meetings in response to alarmingly high unemployment rates in Black America.
A job fair and town hall at Cleveland State University in Ohio will be the first part of the CBC’s iniative.
TheGrio.com reports:
Read More“Recently, the CBC Members unanimously introduced the Congressional Black Caucus ‘For the People’ Jobs Initiative Resolution (H. Res. 348) to
In light of the surging wealth disparity and unemployment rate, among other socio-economic issues plaguing the country, Rev. Al Sharpton wrote a column in the Huffington Post, urging Americans —African-Americans in particular — to take more action in challenging the government.
In the column, Sharpton encourages African-Americans to address their issues at the National Action Network’s annual march in Washington on August 27, where Civil Rights leader Dr. Martin Luther King Jr.
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MICHIGAN — Michigan Governor Rick Snyder signed a bill that will cut Welfare benefits to 48 months, beginning Oct. 1. As a result, families at the end of their two years will need to find employment in a state where the unemployment rate catapulted to 10.5 percent.
Such measures could dramatically impact children.
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New Budget Cuts Will Affect The Poorest The Most
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A recent review of job vacancy postings on sites like Monster.com, CareerBuilder, and Craigslist revealed that hundreds of employers said that they consider, or strongly prefer, people currently employed or recently laid off. This places the 14 million unemployed American in a very dire condition.
Unemployment is already scathing the country, and now it could be far more difficult for those who have been unemployed for a considerably long time.
Though legal experts
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Roland Martin talks with Van Jones about his new initiative to get Americans back to work called Rebuild the Dream.
From RebuildtheDream.com:
Van Jones called this new wave of energy the “American Dream Movement.” It’s growing stronger by the day, and it’s not going away until Americans can find jobs, afford to go to college, retire with dignity, and secure a future for their children and their communities.
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