Anemic employment figures released by the U.S. Labor Department mark the third straight month of weak hiring and rounds out a poor second quarter for 2012. The real unemployment rate rose to 17.3 percent as the number of real unemployed workers increased by 463,000 in June, fueling concerns that the economy has taken a turn
Read moreThree years after America’s largest financial collapse since the Great Depression, the U.S. economy is still unsteady. While some banks received huge bailouts, countless Americans are struggling. A new four-hour documentary by PBS FRONTLINE investigates what has been done (and not done) to secure America’s financial future. At the heart of Money, Power and Wall
Read moreA highly punitive anti-worker budget, put forth by House GOP members this week, is on its way to the House floor after the House Budget Committee approved the deeply-flawed piece of legislation Wednesday. The “Path to Prosperity” plan, drafted by Budget Committee Chairman Paul Ryan (R-WI), calls for substantial cuts to federal jobs, salaries and
Read moreYesterday, the White House detailed its new Veterans Jobs Corps that will put 20,000 vets to work over the next five years. Veterans Affairs Secretary Eric K. Shinseki described it as a “bold new effort” to lower the unemployment rate for veterans. And Interior Secretary Ken Salazar suggested that the program – aimed at preserving
Read moreAmerican Jobs Act: Majority Leader Harry Reid will bring the American Jobs Act for vote on Tuesday evening October 11th. Let your representatives in Washington know where you stand on this critical issue – contact them at 1-888-659-9401 or send them a message by clicking here and here. Additionally, join the Machinists, unemployed workers and
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