The Bureau of Labor Statistics has released its most recent unemployment data. We knew that Black folks (especially men) would be at the bottom, we just didn’t know how bad. Well, it turns out that the numbers exceed even the most pessimistic predictions. Black unemployment shot up like a rocket during the month of August, […]
Hot off the press in Virginia’s State House News, the unemployment rate is among the lowest in the nation. Governor Bob McDonnell is pleased but want the rates to spread out across Virginia. Get full details here on Virginia’s Uneven Recovery www.virginiastatehousenews.com and www.virginiastatehousenewsonline.com
A recent article on the New York Times is about the way in which college graduates are facing greater and greater difficulty in finding employment after leaving school. The New York Times reports: Employment rates for new college graduates have fallen sharply in the last two years, as have starting salaries for those who can […]
From HuffingtonPost.com: This week Congress will consider legislation to reauthorize extended unemployment benefits for the rest of the year. It’s going to be an epic fight: Republicans in the Senate will likely do everything they can to stand in the way of a bill projected to add $123 billion to the deficit, forcing Dem leadership […]
Via: www.newsone.com // From NationalJournal.com: If the economy produces jobs over the next eight months at the same pace as it did over the past four months, the nation will have created more jobs in 2010 alone than it did over the entire eight years of George W. Bush’s presidency. That comparison comes with many […]
Via: www.newsone.com // WASHINGTON (AP) — Millions of Americans are still likely to lose their homes in the coming years, but the foreclosure crisis is finally showing signs of subsiding. The number of households facing foreclosure in April fell 2 percent from a year ago, the first annual decline in five years, RealtyTrac Inc. said […]
Via: NewsOne.com // WASHINGTON — The number of newly-laid off workers seeking jobless benefits unexpectedly rose last week, as the job market recovers at a slow and uneven pace. The Labor Department said Thursday that initial claims for unemployment insurance rose by 36,000 to a seasonally adjusted 482,000. Wall Street economists had expected a small […]
