Nearly 34,000 federal workers applied for unemployment benefits in the first week of the shutdown, according to government agencies.
An Ohio woman used 50 stolen identities to collect unemployment benefits in eight states, according to the inspector general of the Social Security Administration.
The economy has seen an “unprecedented” number of long-term unemployed under the Obama administration, according to a liberal think tank, and economists say plans pursued by Democrats in Washington are unlikely to curb the problem.
President Barack Obama faces manifold threats and challenges, foreign and domestic, as he begins his second term in office.
The jobs report for the month of October released on Friday reveals a bleak outlook and lack of opportunity for younger workers in the Obama economy.
The U.S. unemployment rate rose to 7.9 percent last month as the economy added 171,000 jobs, the Bureau of Labor Statistics reported Friday.
This week alone, the following troubling indicators were announced: Second quarter economy growth was revised down to 1.3 percent from 1.7 percent, durable goods orders fell more than 13 percent in August, and personal incomes rose just 0.1 percent last month—less than expected.
An unemployed North Carolina woman who could not afford to fix her car biked 26 miles to apply for a job.
As the media continue to examine Mitt Romney’s alleged “gaffes,” might we take a moment to take a look at the world as it actually exists, right now, independent of the presidential campaign?
The latest jobs report shows unemployment dropping from 8.3 to 8.1 percent. This drop in rate only comes, however, because more people dropped out of the workforce than jobs were created.