Posts tagged unemployment rate

    Feds: Low unemployment, inflation, recession have economy at crossroads

    September 6, 2022 // “Further, many structural barriers existed before the pandemic, including weaker skills, lack of access to affordable, good-quality child care, transportation problems, incarceration, addiction and discrimination,” they wrote. “Individually and collectively, they reduce job matching efficiency.” While they note an economy is in recession when gross domestic product falls in two consecutive quarters, they also state the National Bureau of Economic Research’s definition of a recession relies on a variety of indicators. If we’re in a recession or entering one, economists can’t predict its effects on employment.

    Illinois continues to lag national unemployment rate

    August 23, 2022 // "The pandemic and the financial impact from the pandemic, compounded with unemployment, has made people more vulnerable," Ford said. "In the communities that have been traumatized by these issues, you will see more violence." State Rep. Adam Niemerg, R-Teutopolis, blamed the state's handling of its unemployment fund for its failure to get people back to work. "For nearly two years, people could make more and stay home," Niemerg told The Center Square. "What did they think would happen?" Jill Gonzalez, WalletHub, State Rep. LaShawn Ford

    Commentary: Is the labor market really as good as the administration says?

    July 27, 2022 // Most significantly, 18 months’ worth of bonus unemployment benefits that paid most people more to stay on the sidelines than to work caused millions of people to leave the labor market. Meanwhile, Washington stimulated consumer and business demand for goods and services by flooding the economy with trillions of dollars in so-called COVID-19 relief — about half of which was money printed by the Federal Reserve.

    US unions see unusually promising moment amid wave of victories

    March 16, 2022 // Gebre said the nation’s unions should send far more organizers and money to back the union drives at Starbucks and Amazon. “The rest of the labor movement should be willing to lend a hand,” even if they don’t get any of the members, said Gebre, who was recently named Greenpeace’s chief program officer. “That’s what solidarity means.”

    Pro-Worker, Pro-Growth Making Right-to-Work Permanent in North Carolina

    March 9, 2022 // It is simply unfair for unions to demand payment for workers as a condition of employment. A right-to-work law protects workers against such compulsion. The time is now for North Carolina to solidify its right-to-work law in the state constitution. Otherwise, we may be just one election away from it being overturned.