Despite adding more than 8 million people to the working-age population since 2007, total employment has declined by half a million, according to an analysis by the Senate Budget Committee.
Nearly 34,000 federal workers applied for unemployment benefits in the first week of the shutdown, according to government agencies.
The president’s health care law is driving down employment in his home state, according to a recent report.
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.
Three different economic experts testified before the House Oversight and Government Reform Committee’s Subcommittee on Economic Growth, Job Creation, and Regulatory Affairs on Thursday afternoon during a heated and contentious hearing.
President Barack Obama faces manifold threats and challenges, foreign and domestic, as he begins his second term in office.
Without an extension of unemployment insurance as part of a fiscal cliff compromise, more than 2 million Americans, or roughly 43 percent of those receiving unemployment benefits, will lose Emergency Unemployment Compensation (EUC) benefits at the end of the year, according to a report from the Department of Labor.