Miccheck Archives
Tag: Unemployment
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Source: flickr/clementine gallot
Jobs, Jobs, Jobs
Today, H&R Block Inc. announced it will trim 400 jobs and shut 400 underperforming locations as it seeks to reduce costs. The company expects the cuts in its field and corporate support organization will cut annual operating costs by $140 million to $150 million by the end of fiscal 2012. It employs about 133,700 workers overall and operates about 11,000 stores. [AP]
Posted 9:54 AM | Wednesday, May 19th, 2010 | Permalink
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Source: flickr/clementine gallot
Job Hunt Blues
A New York man has taken an unorthodox approach to job hunting. Ahead of a visit from President Obama, the man and his brother had a billboard erected that reads: “Dear Mr. President, I need a freakin job. Period.” The man, who used to run a small manufacturing firm, says on top of his wish list for the president’s visit is “a beer-jobs summit with regular knuckleheads like me.” [Buffalo News]
Posted 3:53 PM | Wednesday, May 12th, 2010 | Permalink
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Source: flickr/clementine gallot
More Jobs!
Although the jobless rate rose to 9.9 percent last month, employers stepped up job creation in April, expanding payrolls by 290,000, the most in four years. Part of the rise in jobs is due to the hiring of 66,000 temporary government workers conducting the 2010 census. The rise in the unemployment rate (from 9.7 to 9.9 percent) is mainly because 805,000 jobseekers resumed their search for work. [USA Today]
Posted 9:18 AM | Friday, May 7th, 2010 | Permalink
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Unemployment Woes
According to the Spanish government Friday, unemployment in Spain has reached 20 percent, meaning 4.6 million people are out of work. The new number is up from 19 percent when 4.3 million people were unemployed in the previous quarter. Spain now represents the second-highest unemployment rate in the European Union, after Latvia. The housing bust is said to have contributed to most of Spain's economic problems, where many of the newly unemployed worked in construction. [CNN]
Posted 9:23 AM | Friday, April 30th, 2010 | Permalink
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Woe Is The Job Market
Because of the economy, more adults over age 65 are staying in the work force, making it harder for young workers to find jobs. A private report by Thomson Reuters/University of Michigan's Surveys of Consumers found that while employment for older workers remained low compared with the rest of the population, the over-65 group was the only one to increase its employment rate over the past decade. Between 2008 and 2009, for those aged 20-24, employment fell by 11.5 percentage points for men and 4.3 percentage points for women. [Reuters]
Posted 12:56 PM | Friday, April 9th, 2010 | Permalink
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Hard Times Cafe
We know things are not good with America's economy, but new numbers highlight just how bad things are. More than three million Americans have been out of work for at least a year, according to a new analysis of unemployment data. That represents 23 percent of the roughly 14.8 million Americans out of work and looking for a job -- a post-World War II high. [PEW]
Posted 4:18 PM | Tuesday, April 6th, 2010 | Permalink
Political Junkie
The Price Of Inaction
Congress' inaction will force more than 200,000 laid-off workers to lose their access to unemployment benefits this week. Leaders in Congress failed to pass programs such as the Emergency Unemployment Compensation, the National Flood Insurance Program, and a 65 percent subsidy of COBRA health benefits before taking a two-week Easter break. [Huff Post]
Posted 12:17 PM | Monday, April 5th, 2010 | Permalink
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Source: flickr/clementine gallot
Jobless Claims Drop
As the economy starts to generate more jobs, claims for unemployment benefits fell slightly last week in the U.S. The Labor Department reported Thursday that new jobless benefit claims dropped to a seasonally adjusted 439,000, nearly matching analysts' estimates. It's the fourth drop in five weeks. Most economists expect jobless claims will soon drop below 425,000, a level that will likely signal job creation. [CBS News]
Posted 10:59 AM | Thursday, April 1st, 2010 | Permalink
Money Money Money
I Need A Job
According to new reports, teens and young adults, who are short on experience, have been giving up the job search at higher rates than other workers are during the recession.Take a look at these numbers: Nearly 1.3 million workers ages 16 to 24 have left the labor force since the recession hit in December 2007, nearly three and a half times the rate of workers ages 25 to 54. Teens and young adults currently have a jobless rate of 18.5 percent. [Mcclatchydc]
Posted 1:11 PM | Thursday, March 25th, 2010 | Permalink
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Source: flickr/SF Brit
Singin’ the California Blues
Health care isn’t the only thing lacking in California; jobs are also scarce in the “The Golden State.” But just how bad is it? According to a new report, the number of people unemployed is now equivalent to the total populations of Nevada, New Hampshire and Vermont combined. Wow! [TrueSlant]
Posted 12:43 PM | Wednesday, March 17th, 2010 | Permalink
Right Wing Wackiness
Source: wikipedia/wikipedia
Delay looking for a job
Boy, how we've missed former House Majority Leader Tom DeLay. Last week, Sen. Jim Bunning stood on principle and continually blocked an extension to unemployment benefits in the Senate. In case you missed this yesterday, DeLay says Bunning was "brave" for blocking the benefits package. Why? DeLay subscribes to the notion that people only try to find jobs when their benefits run out. Here's his exchange with CNN's Candy Crowley: "There is an argument to be made that these extensions, the unemployment benefits, keep people from going and finding jobs," said DeLay. "In fact there are some studies that have been done that show people stay on unemployment compensation and they don't look for a job until two or three weeks before they know the benefits are going to run out," he argued. People are unemployed because they want to be? " asked Crowley. "Well, it is the truth. And people in the real world know it," said DeLay. [Rawstory]
Posted 4:22 PM | Monday, March 8th, 2010 | Permalink
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Source: flickr/JeremyBrooks
Today’s Moral Hangover
"I want to assure the people that have, heh, watched this thing until quarter of twelve — and I have missed the Kentucky-South Carolina game that started at 9 o’clock, and it’s the only redeeming chance we had to beat South Carolina, since they’re the only team that has beat Kentucky this year — all of these things that we have talked about and all the provisions that have been discussed, the unemployment benefits, all these things." -- Sen. Jim Bunning, miffed that the Senate stayed in session to try to defeat his block of a bill to extend unimployment benefits and he missed a college basketball game. (For all you Bunning fans out there, TiVo would make a great birthday present!) [ThinkProgress]
Posted 2:45 PM | Friday, February 26th, 2010 | Permalink
Right Wing Wackiness
Rep. Hobo
Today's Moral Hangover brought to you by Rep. Dean Heller (R., NV) who argued yesterday that extending unemployment benefits could create a nation of "hobos." (Ed. Note: Yes. He used the word "hobos.") Approximately 1.1 million American workers will see their unemployment benefits expire in the next month. [ThinkProgress]
Posted 10:16 PM | Thursday, February 25th, 2010 | Permalink
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