A petition signed by more than 100,000 supporters of extending emergency unemployment benefits was sent to members of Congress earlier today, but this example of overwhelming public support has had no effect on Senate conservatives, who so far haven’t shown willingness to allow the issue to even come to a vote. more »
Wall Street, conventional wisdom has it, likes legislative gridlock. Stock prices tend to go up when Election Day results in the two major parties splitting power. As a USA Today story recently noted, “In the words of many Wall Street analysts and economists: Gridlock is good.” more »
What do you say to a person with a story like the one of suburban Seattle resident Patricia Reid, the unemployed 57-year-old profiled in The New York Times on Monday?
...[F]our years after losing her job she cannot, in her darkest moments, escape a nagging thought: she may never work again. more »
The House of Representatives, which returns from its summer recess today, and the Senate, which returned Monday, really only has one legislative priority it should be focused on before members return to the campaign trail: Treat the jobs emergency as the emergency that it is, and enact the legislation that will get unemployed Americans back to work quickly. more »
The August unemployment data are out. The unemployment rate was "about unchanged" at 9.6 percent,” says the BLS press release. Teenagers "showed little change" at 26.3 percent, as did African Americans (16.3 percent) and Hispanics (12.0 percent). more »
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