The Federal Reserve has gotten slightly more optimistic about 2010 economic growth and unemployment rates, but says unemployment could remain fairly high into 2012.There is no god and I am his prophet. [...] edited by: Ted McLaughlin,
Texas Editor
The Federal Reserve has gotten slightly more optimistic about 2010 economic growth and unemployment rates, but says unemployment could remain fairly high into 2012.There is no god and I am his prophet. [...] The Texas Workforce Commission (TWC) released its unemployment figures for October showing that the official statewide unemployment rate continues to rise. That figure now stands at 8.2 percent, which is 56-percent higher than it was a year ago. The state has a net loss of over 110,000 jobs in the [...]
"Green energy" is proving to be no miracle solution to the nation's monumental unemployment problems, and it is doing little to help the economy emerge from its deepest recession in decades, economists say.
A large part of the $786 billion stimulus bill was devoted to [...]
The Great Unemployment Mystery by Peter Stern Unemployment in the U.S. is at its highest rate in many decades. Apparently it is a mystery that only a Sherlock Holmes or Charlie Chan can solve because President Barack Obama has not fought significantly to bring jobs to hardly-working [...]
As the policy debate has unfolded in Washington this year, voters have consistently believed that tax cuts would do more than increased government spending to stimulate the economy and create jobs. Now that the nation’s unemployment rate has reached 10.2%, voters continue to hold that [...]
Why did the unemployment rate rise so rapidly -- from 7.2 per cent in January to 10.2 percent in October? It was clearly the administration's "stimulus" bill -- which in February provided $40 billion to greatly extend jobless benefits at no cost to the states. [...]
The chart plotted out two lines. One projected the unemployment rate through 2014 with a stimulus package; the other projected unemployment across the same [...]
It sounds tailor-made for a GOP ad:
Unemployment hits 9.4 percent. President Obama flies to France.
Joblessness reaches 9.7 percent. Obama jets off to Denmark.
The rate of those out of work soars to 10.2 percent. Obama packs his [...]
Staff writer Robert T. Garrett examines a claim from Democrat Tom Schieffer:
THE CLAIM: Democratic gubernatorial hopeful Tom Schieffer said Wednesday that Gov. Rick Perry's rejection of federal economic-stimulus money for unemployment benefits soon will increase taxes on Texas employers. "Employers can thank Gov. Perry and" [...]
Here comes that unemployment insurance tax hike we’ve all been waiting for.
Under state law, the state’s unemployment trust fund is supposed to stand at 1 percent of taxable wages, or about $860 million. The fund has been depleted in the wake of high jobless claims.
As a result, [...]
Unemployment Hits 10.2%. Obama Sends Us on Path to Economic Ruin.
Decades of explosive growth. No state income tax. Jobs available for virtually everybody. An unemployment rate of under 4 percent for years and years, until the home-foreclosure and credit crises of 2007-2008. Sound familiar? Can you name the state? (Hint: Not Texas.)
Answer: Nevada. Its boom-state self [...]
The Department of Labor's Bureau of Labor Statistics (BLS) has reported that the latest unemployment rate is 10.2%. This represents the highest unemployment rate since the early eighties when the rate hit 10.8%. The unemployment rate since 1995 has consistently been below 6% (except for a period after [...]
Yes, I know the federal government says the unemployment rate is now 10.2% -- up from 9.8% after the country suffered a net loss of another 190,000 jobs in October. And that is a very scary figure in itself. After all, it shows nearly 16 [...] President Obama has signed an extension of unemployment benefits. It comes on a day when the nation's unemployment rate climbed to 10.2 percent.
The President signed the jobless bill in a private ceremony. It extends unemployment benefits another 14 weeks in all states. States with three-month average jobless rates of 8.5 [...]
Funemployment at 10.2%, a trajectory that continues to debunk and undermine any claim of economic benefit from various faux 'stimulus' programs. The chart update:
