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Jobless rate is 15.6 percent for vets under 25 The number of young veterans receiving unemployment checks increased again in 2005 even as the overall number of veterans without jobs decreased, according to new statistics from the Department of Labor. Officials reported a 15.6 percent unemployment rate for 20- to 24-year-old veterans, up 2 percentage
Read moreJune 2, 2006 – Employers added only 75,000 jobs last month, continuing the downward slide in job growth. The Bureau of Labor Statistics also reported job growth in March and April was lower than originally reported. Job growth for March was revised downward from 200,000 to 175,000 and job growth for April was revised downward
Read moreJune 1, 2006 – Human Rights Watch, a U.S. based rights group, is calling for further investigation into the December 2005 Dongzhou killings in which at least 13 villagers were jailed and 3 killed after riot police began opening fire on a crowd of protesters. Villagers were protesting insufficient compensation for land taken for power
Read moreMay 24, 2006 – In an all out effort to expand their military might, China is expected to spend two to three times more on defense spending than their official government estimates. The Department of Defense’s 2006 China Military Power Report says China is expected to spend between $70 and $105 billion to expand their
Read moreMay 23, 2006 – The Economic Policy Institute recently debunked misleading comments by the Bush administration regarding the U.S. unemployment rate. The White House said: “The unemployment rate is at 4.7 percent – lower than the average of the 1960’s, 1970’s, 1980’s and 1990’s.” However, the unemployment rate does not take into account potential workers
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