- President Obama echoes Elizabeth Warren
- Age Discrimination Harder To Fight Amid Record Unemployment For Older Workers
- Economists Call For Massive Debt Relief To Jumpstart Economy
- Marty Kaplan: Occupy K Street
- Zvi Or-Bach: How to Create American Jobs
- #OccupyWallStreet Protests Spark Optimism At Progressive Political Conference
- Ben Bernanke: Congress Should Not Sharply Cut Spending In Weak Economy
- Executive Pay Spiraling Upward As Corporations Race To Pay Their Top Brass The Most
- Elizabeth Warren: 'The People On Wall Street Broke This Country'
- Joel Libava: Franchise Ownership: Should Unemployed Boomers Start Looking Into It?
- Michele Nash-Hoff: Why is There a Lack of Skilled Workers With Such High Unemployment?
- Jason Alderman: The 411 on Prepaid Cards
WASHINGTON March 10, 2010 – UPDATE
The Senate voted Wednesday to extend key pieces of last year's economic stimulus measure, including help for the jobless and money to help financially strapped states pay for health care for the poor.
The bill was passed 63-36 with Six Republicans joining all but one Democrat, Ben Nelson of Nebraska, in voting for the bill.
EARLIER STORY:
Legislation extending unemployment insurance for the long-term jobless faces a key test vote in the Senate today, its momentum helped by about 60 popular tax breaks for individuals and businesses that expired at the end of last year.
The Senate is considering S.Amdt.3336 an amendment to H.R.4213 - Tax Extenders Act of 2009 - that will extend unemployment and COBRA benefits to the end of 2010.
The measure also prevents doctors from absorbing a crippling cut in Medicare payments, extends health insurance subsidies for the unemployed and gives cash-starved states help with Medicaid, the federal-state program providing health care to the poor and disabled.
Minimum Wage
Workers in BMW's auto plants in Germany make twice as much as US workers in BMW plants who make $15 an hour. Oh and by the way German workers get 35 days of vacation AND decent healthcare.
The tea party want to abolish the minimum wage. Did YOU VOTE?
Survivor Graph of the Day
- Cumulative Effects of Policy Options on Employmen
- Comments: 0
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U.S. Jobless Rate
BLS Jobless Numbers
- 12.8 million - unemployed,
- 15.1%(U6) - out of work,
- 5.5 million (43%) 6 months or longer,
- 7.7 million "involuntary" partime workers,
- Over 4 million for a year, (WSJ)
- 2.0 million over 99 weeks, the 99ers!
- 4.7 jobless for every job. EPI
- 91,000 unemployed become 99ers every week.
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