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HAMP Sees Third Straight Month Of Dwindling New Modifications

Arthur Delaney | December 5, 2011 | Business
WASHINGTON -- For the third consecutive month, the Obama administration's signature housing help plan posted the lowest numbers of preliminary mortgage modifications since the program's start in the spring of 2009. Just 13,000 homeowners received initial mortgage modifications from the Home Affordable Modification Program in August, down from 14,000...

PCIP Enrollment Far, Far Below Expectations In First Year

Arthur Delaney | December 5, 2011 | Politics
WASHINGTON -- Enrollment in a new federal program for the uninsured is far below expectations from when the program launched following the enactment of health care reform last year. Since its creation in July 2010, the Pre-Existing Condition Insurance Plan has insured 30,395 people, according to the Department...

Age Discrimination Harder To Fight Amid Record Unemployment For Older Workers

Arthur Delaney | November 29, 2011 | Politics
A federal judge dismissed an age discrimination case from 18 former employees of the Dallas Morning News in March, repeatedly citing a recent Supreme Court ruling that increased the burden on older workers to prove they've been treated unfairly. Jack Gross feels bad about it. "It personally concerns me that...

Unemployment: Older Jobless Twice As Likely To Become 99ers

Arthur Delaney | November 23, 2011 | Business
WASHINGTON -- Older workers are less likely to lose their jobs than younger workers, but once they do, they're more than twice as likely to be out of work for 99 weeks or longer. Among jobless workers younger than 35, 8.1 percent had been out of work for 99 weeks....

Unemployment: Older Jobless Twice As Likely To Become 99ers

Arthur Delaney | November 23, 2011 | Business
WASHINGTON -- Older workers are less likely to lose their jobs than younger workers, but once they do, they're more than twice as likely to be out of work for 99 weeks or longer. Among jobless workers younger than 35, 8.1 percent had been out of work for 99 weeks....

Unemployment: A 99er Overcomes The Crushing Anxiety of Long-Term Joblessness

Arthur Delaney | November 23, 2011 | Business
After more than two years of unemployment, Francis Timothy Coleman of Bethlehem, Pa., landed a job as a forklift operator this summer. "We all know times are tough, but things are certainly getting a little better, and that's what you work toward," said Coleman, who goes by Tim. Times...

Unemployment: A 99er Overcomes The Crushing Anxiety of Long-Term Joblessness

Arthur Delaney | November 23, 2011 | Business
After more than two years of unemployment, Francis Timothy Coleman of Bethlehem, Pa., landed a job as a forklift operator this summer. "We all know times are tough, but things are certainly getting a little better, and that's what you work toward," said Coleman, who goes by Tim. Times...

Nikki Haley: Jobless On Drugs Claim From Bad Information

Arthur Delaney | November 20, 2011 | Politics
South Carolina Gov. Nikki Haley (R) has admitted that she has no evidence backing her claim that half of job applicants at a local government facility flunked a drug test. She'd used the claim to push for requiring the jobless to pass a drug test to be eligible for benefits....

Nikki Haley: Jobless On Drugs Claim From Bad Information

Arthur Delaney | November 20, 2011 | Politics
South Carolina Gov. Nikki Haley (R) has admitted that she has no evidence backing her claim that half of job applicants at a local government facility flunked a drug test. She'd used the claim to push for requiring the jobless to pass a drug test to be eligible for benefits....

White House: Jobs Bill Would Save Unemployment Benefits For 6 Million Next Year

Arthur Delaney | November 19, 2011 | Business
WASHINGTON -- The Obama administration says that if Congress fails to reauthorize extended unemployment insurance, 6 million people will lose benefits next year. Starting in January, laid-off workers will be ineligible for further federal benefits after they've used up 26 weeks of state benefits (some states now provide fewer...

Extended Unemployment Benefits Not Turning Jobless Into Slackers: Study

Arthur Delaney | November 16, 2011 | Business
Extended unemployment benefits for the long-term jobless are not a major cause of the high U.S. unemployment rate, according to a new study that comes as lawmakers debate whether to keep extended benefits beyond their slated January expiration. Many conservatives have argued that extended unemployment benefits encourage the jobless...

Extended Unemployment Benefits Not Turning Jobless Into Slackers: Study

Arthur Delaney | November 16, 2011 | Business
Extended unemployment benefits for the long-term jobless are not a major cause of the high U.S. unemployment rate, according to a new study that comes as lawmakers debate whether to keep extended benefits beyond their slated January expiration. Many conservatives have argued that extended unemployment benefits encourage the jobless...

Making Home Affordable: Obama Administration Launches Sad Anti-Foreclosure PSA (VIDEO)

Arthur Delaney | November 14, 2011 | Business
WASHINGTON -- The Obama administration on Wednesday unveiled a new TV advertisement for its anti-foreclosure programs. The spot shows stone-faced homeowners immobilized by trouble with their mortgage payments. A woman stands motionless on her lawn, morning newspaper in hand as the sprinklers spray her bathrobe. A man stares blankly...

U.S. Poverty Rate Climbed To 15.1 Percent Last Year, Total Number Hit All-Time Record

Arthur Delaney | November 13, 2011 | Business
WASHINGTON -- Even though the Great Recession technically ended in 2009, incomes fell, poverty rose and the number of Americans without health insurance jumped again in 2010, the federal government announced Tuesday. The nation's poverty rate increased to 15.1 percent in 2010, up from 14.3 percent in 2009 and the...

American Jobs Act Would Ban Discrimination Against Jobless

Arthur Delaney | November 13, 2011 | Politics
WASHINGTON -- The jobs package President Obama sent to Congress on Monday includes a ban on hiring discrimination against the jobless. Since last year companies and staffing firms have been slipping "must be currently employed" requirements into online job postings, a practice President Obama has said "makes absolutely...

Unemployment: Laid Off Journalist Reports His Own Job Search

Arthur Delaney | November 12, 2011 | Business
In June, Robert Annis lost his long-time job as a reporter at the Indianapolis Star when media conglomerate and Star owner Gannett cut 700 employees to save money. For the past few months, instead of writing about Hamilton County as he'd done for the previous nine years, Annis...

Unemployment: Laid Off Journalist Reports His Own Job Search

Arthur Delaney | November 12, 2011 | Business
In June, Robert Annis lost his long-time job as a reporter at the Indianapolis Star when media conglomerate and Star owner Gannett cut 700 employees to save money. For the past few months, instead of writing about Hamilton County as he'd done for the previous nine years, Annis...

Nikki Haley's Jobless Drug Test Claim Exaggerated

Arthur Delaney | November 9, 2011 | Politics
South Carolina Gov. Nikki Haley (R) wants the jobless to pass a drug test before they can receive benefits, but she seems to have an exaggerated sense of drug use among the unemployed. "I so want drug testing. I so want it," Haley said during a Thursday...

Bridge To Work: Obama's Plan For Long-Term Unemployed

Arthur Delaney | November 8, 2011 | Politics
WASHINGTON -- President Obama announced Thursday evening a plan to put the long-term jobless back to work by encouraging states to adopt "Bridge to Work" programs that would let businesses try out workers without having to pay them. The scheme, which would only be open to workers receiving federal unemployment...

Long-Term Unemployment: A 99er Gets Hired In North Carolina

Arthur Delaney | November 6, 2011 | Business
Before landing a full-time job that started last week, Ali Braswell didn't think she could make September's rent. She'd started scoping out storage options for her stuff and shelters where she could bring her two young children. "I was running on fumes. I really did not know what I...
All posts from 10.05.2011