Euro zone financiers agreed to release 8.3 billion euros in rescue loans to Greece. It was a sign Europe believed Greece is emerging from its crisis. But for the ordinary people looking for work in Athens and elsewhere, recovery will take a long, long time.
The worst thing about being poor is the fear. It's the fear of not being able to afford a place to live. It's the fear of not being able to go to the doctor, buy medicine, or put gas in the car. It's the fear of never being able to hold our heads up high again.
Felipe González remains the longest-serving prime minister of Spain, holding power in Europe from 1982 to 1996. His extensive experience in leade...
The March jobs report provided some evidence that we are beginning to see the sort of labor market shifts from the ACA that would be expected. First, voluntary part-time employment in March increased by 230,000 to 18.9 million. The key word here is "voluntary."
Failing to extend unemployment benefits is nonsensical and callous. Yet, in the past three months, House Republicans have failed to consider an unemployment insurance extension eight times. Political affiliation should have no weight in determining whether to place food on the table of your constituents and lift them out of poverty.
While Illinois' unemployment rate was 8.7 percent in February, plenty of cities were below that. We've got the top 10 in terms of lowest unemployment rates in Illinois.
This week reminded us once again of the costs of accepting lowered expectations as the new normal. On Wednesday, a 5-4 Supreme Court decision struck down overall limits on campaign donations, further ceding our political system to the highest bidder in the guise of "free speech." On the same day, Ft. Hood, Texas suffered its second mass shooting in five years, as a married father of four, in a fit of anger, killed four people, including himself, and wounded 16 others. Senator Harry Reid introduced a background checks bill the next day, but it will likely suffer the same fate as the one that failed last year even with the support of 90 percent of Americans. The week ended with yet another middling jobs report, with just 192,000 added in March. All three of these things should spark urgent calls for reform and change, because accepting them as the new normal only guarantees more of the same.
Paul Ryan has issued a new proposal to cut the budget even further, to the point where most unemployment programs will be half the size that they were during the Reagan administration. This is a cruel, counterproductive path we are on, and that is not a statement of mere opinion.
With today's report, private sector employment has finally regained its pre-recession peak. It has taken more than six years for private sector jobs to recover, an extremely stark reminder of the depth of the downturn and the weakness of what's been a plodding labor market recovery.
Today's solid jobs report shows a labor market that continues to improve gradually, but that remains far from healed.
Connect the dots and you see how the big-money takeover of our democracy has led to an economy that's barely functioning for most Americans.
Pat Craddick founded ParentJobNet "PJN" 9 years ago after leaving a career in finance to raise her daughter, Christina. While volunteering at P.S. 87 Elementary School on the Upper West Side, she found frustrated, under- or unemployed parents, disconnected from the workforce.
Illinois' unemployment rate is at 8.7 percent, higher than every state in the nation except for Rhode Island. That's not good. At all.
When people say hang in there, it will get better, even they don't believe it. I am a grim reminder of what might happen to them and they don't want to catch what I have.
Restoring the minimum wage, and indexing it to inflation, would improve Social Security's finances by increasing the wages of the 28 million workers directly affected, who would pay payroll taxes on an estimated $35 billion in additional earnings by 2016.
Caught between a life they no longer have and a government support system that's constantly under rabid attack, the result the unemployed are facing is anger, and personal and professional inertia.