Posts Tagged ‘Longterm’

America needs to solve long-term unemployment crisis

America needs to solve long-term unemployment crisis
The Senate this week voted once again to revive jobless benefits for those out of work six months or more. Not only is such legislation dead on arrival in the House, but some anti-tax representatives absurdly also want to end all jobless benefits as …
Read more on Al Jazeera America

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Long-term unemployment benefit package sits in House limbo
Senate-passed legislation to extend long-term unemployment benefits has stalled in the House, as Speaker John Boehner said Thursday he won't move on the measure until Democrats and the Obama administration agree to include job-creating provisions.
Read more on Washington Examiner

Colorado's enhanced unemployment insurance benefit program won't continue
A business-backed program that has granted enhanced unemployment insurance benefits to out-of-work Coloradans who receive training for in-demand jobs will end on July 1. Two bills had been moving through the Legislature to extend the program for …
Read more on Denver Business Journal

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Think the Long-Term Unemployed Have Lost Their Edge? Wrong

Think the Long-Term Unemployed Have Lost Their Edge? Wrong
The numbers are sobering: Some 3.9 million Americans, or about 2.5 percent of the active workforce, had been unemployed for 27 or more weeks at the end of last year—and 2.6 million of them for at least a year, according to a White House briefing paper …
Read more on Businessweek

Why extending unemployment benefits could be a logistical nightmare
State officials are warning that the bipartisan bill to reinstate federal benefits for the long-term unemployed that passed the Senate on Monday could be a logistical nightmare to implement and could expose the government to extensive fraud. The …
Read more on Washington Post (blog)

Fed Recognized Change in Unemployment Goal Could Be Misunderstood
Two weeks later, at their regularly scheduled policy-making session, officials voted to replace a specific focus on a target for unemployment with a longer list of less specific objectives. Officials fretted that the decision would be misunderstood …
Read more on New York Times

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Long-term unemployment benefits end Dec. 28, millions affected

On Saturday, 1.3 million Americans will be losing their primary source of income after the federal government ends its Emergency Unemployment Compensation Pr…
Video Rating: 1 / 5

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Long-term unemployment benefits to end for millions

At midnight Friday, 1.3 million Americans who have been without a job for 27 weeks or more will lose long-term unemployment benefits as the new federal budge…
Video Rating: 5 / 5

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Long-term jobless face benefits loss with fiscal cliff

Business reporter Marc Lifsher and consumer columnist David Lazarus talk with Loree Levy of the California Employment Development Department. Find more fisca…
Video Rating: 4 / 5

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As Washington bickers, long-term unemployed face peril

As Washington bickers, long-term unemployed face peril
She'll be joining roughly 2 million other unemployed Americans who are scheduled to lose Emergency Unemployment Compensation benefits unless Congress chooses to extend them. This group represents the long-term unemployed, those who've been …
Read more on MSNBC

Hillary Clinton: Unemployed
Hillary Clinton: Unemployed. Her widely heralded term as secretary of state has ended in turmoil. Could it affect her presidential prospects? By Jean MacKenzie, GlobalPost. more. All Share Services. Topics: GlobalPost, Hillary Clinton, Nate Silver …
Read more on Salon

200000 unemployed New Yorkers facing their own fiscal cliff
Syracuse, N.Y. — Dannielle Loranger had made it to the middle class. The single mother of two boys had a good job as a molecular biologist at Syracuse Research Corp. She was making $ 50,000 with the promise of a raise as soon as she finished her …
Read more on Syracuse.com

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Business: Fighting Long-Term Unemployment – nytimes.com/video

Liz Alderman, International Herald Tribune senior business correspondent, looks at Denmark’s generous unemployment benefit system as the country fights long-term joblessness. Related Article: nyti.ms
Video Rating: 5 / 5

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The long-term unemployed aren't going away. But their benefits are.

The long-term unemployed aren't going away. But their benefits are.
Friday's gloomy jobs report showed that in June there were 5.4 million workers who had been unemployed for more than 27 weeks, essentially unchanged from the previous month. That's down from the peak in May 2010, when there were 6.6 million …
Read more on Washington Post (blog)

Spanish unemployment falls in June
Seasonal hiring credited with decrease in jobless claims.
Read more on Globe and Mail

Unemployment rate for June is unchanged
The unemployment data for last month, June of 2012, remains the same as when such data was released a month ago. United States Secretary of Labor Hilda Solis h.
Read more on Examiner.com

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Dean Baker, Long-Term Unemployment

PBS, 05-14-2012. Dean Baker discusses the impact of long-term unemployment on individuals and the economy.
Video Rating: 5 / 5

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What is the single biggest long-term flaw in the American economy?

Question by : What is the single biggest long-term flaw in the American economy?
What mistake have we been making for the last 40 or so years that has kept real wages from going up at all, despite technological advancements and cheap goods from overseas?

Is it a consumer spending gut? Is it short-term thinking that results in a costly infrastructure in the long run(like buildings that have to be demolished after 50 years)? Is it increases in government spending or regulations(or decreases)? What is the BIGGEST flaw?

Best answer:

Answer by Fakee McFakerson
capitalism.

Know better? Leave your own answer in the comments!

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