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26 Feb 2009 10:14

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Biz, U.S.: Here’s some, um, rosy unemployment numbers

  • 667,000 first-time unemployment applications last week; that the highest it’s been since 1982 source
Posted by Ernie Smith • 0 Comments • Permalink

22 Feb 2009 10:35

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U.S.: Two states, two approaches to the stimulus

  • Mississippi: Ehhhh … Governor Haley Barbour, a Republican, says he won’t take some of the allocated funds for his state if it means extra costs for Mississippi down the road. He specifically noted the unemployment tax, which might force the state to pick up the tab for increased benefits. “I mean, we want more jobs,” Barbour said. “You don’t get more jobs by putting an extra tax on creating jobs.” source
  • Mississippi: Ehhhh … Governor Haley Barbour, a Republican, says he won’t take some of the allocated funds for his state if it means extra costs for Mississippi down the road. He specifically noted the unemployment tax, which might force the state to pick up the tab for increased benefits. “I mean, we want more jobs,” Barbour said. “You don’t get more jobs by putting an extra tax on creating jobs.”
  • Massachusetts: Bring it on! Democratic Governor Deval Patrick, on the other hand, has zero qualms with taking a ton of stimulus cash, if it means building up the state’s – and by extension, the country’s – infrastructure. He specifically mentioned roads. “Whether governors say they will or won’t take this or that as part of the stimulus bill, in some ways, is irrelevant,” Patrick said. “People want that help.” source
Posted by Ernie Smith • 0 Comments • Permalink

06 Feb 2009 20:17

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U.S.: Well, isn’t that a dramatic quote about jobs and the economy

  • Last month the economy lost 598,000 jobs. That is the equivalent of losing every job in the state of Maine.
  • Robert Gibbs • White House press secretary, on the economic crisis. This quote may have been a not-so-subtle ploy by Gibbs to get Maine’s two Republican senators on board for the economic stimulus plan. If nothing else, it’s striking, dude. • source
Posted by Ernie Smith • 0 Comments • Permalink

05 Feb 2009 10:32

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U.S.: How many jobs were lost in January? A lot.

  • 540,000 says the gov’t. Yikes. source
Posted by Ernie Smith • 0 Comments • Permalink

05 Feb 2009 10:29

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U.S.: Oof! Initial jobless claims hit a 26-year high

  • 626,000 number of initial jobless claims made in the week ending January 31 source
Posted by Ernie Smith • 0 Comments • Permalink

04 Feb 2009 10:56

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U.S.: Big cities are feeling the unemployment squeeze pretty badly

  • 98% of all cities saw their unemployment levels rise source
Posted by Ernie Smith • 0 Comments • Permalink

02 Feb 2009 07:50

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U.S.: Despite tough economic times, welfare numbers are down

  • 18 states cut their welfare numbers in 2008; welfare was cut back in the ’90s in favor of encouraging work source
Posted by Ernie Smith • 0 Comments • Permalink
 

29 Jan 2009 15:10

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U.S.: Today’s big scary number (it’s about jobs and unemployment)

  • 4.78 million people are on state jobless benefits rolls source
Posted by Ernie Smith • 0 Comments • Permalink

09 Jan 2009 22:48

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U.S.: Unemployment maps shouldn’t be cool. But this one is.

MSNBC broke down the numbers. Michigan is worst, obviously. source
Posted by Ernie Smith • 1 Comment • Permalink

09 Jan 2009 14:22

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U.S.: COBRA insurance on unemployment: Is it worth it?

  • One group says no Families USA, a non-profit health consumer group, blasted the Consolidated Omnibus Budget Reconciliation Act of 1985, which provides health care to the unemployed, but at a significant cost. source
  • One group says no Families USA, a non-profit health consumer group, blasted the Consolidated Omnibus Budget Reconciliation Act of 1985, which provides health care to the unemployed, but at a significant cost.
  • The breakdown About 18-26 percent of people with COBRA available as an option use it, according to a report published by the group. Many are stuck with the expensive insurance because most healthcare providers won’t cover pre-existing conditions. source
  • One group says no Families USA, a non-profit health consumer group, blasted the Consolidated Omnibus Budget Reconciliation Act of 1985, which provides health care to the unemployed, but at a significant cost.
  • The breakdown About 18-26 percent of people with COBRA available as an option use it, according to a report published by the group. Many are stuck with the expensive insurance because most healthcare providers won’t cover pre-existing conditions.
  • A passionate attack “The right to COBRA health coverage is a tragic ruse for millions of families whose breadwinner was laid off,” says the group’s executive director, Ron Pollack. With a rising unemployment number, he notes, many more people will be faced with the undesirable dilemma of using COBRA. source
Posted by Ernie Smith • 1 Comment • Permalink
 
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