Showing posts with label unemployment. Show all posts
Showing posts with label unemployment. Show all posts

Saturday, March 8, 2014

February Payrolls 175K, Beat Expectations Of 149K, Unemployment Rate Rises To 6.7%

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February Payrolls 175K, Beat Expectations Of 149K, Unemployment Rate Rises To 6.7%

Thursday, February 27, 2014

Weekly Unemployment Claims "Unexpectedly" Rise; Claims in Recession Pattern?

At Not Just The News, the privacy of our visitors is of extreme importance to us (See this article to learn more about Privacy Policies.). This privacy policy document outlines the types of personal information is received and collected by Not Just The News and how it is used.


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Not Just The News does use cookies to store information about visitors preferences, record user-specific information on which pages the user access or visit, customize Web page content based on visitors browser type or other information that the visitor sends via their browser.


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Weekly Unemployment Claims "Unexpectedly" Rise; Claims in Recession Pattern?

Wednesday, February 19, 2014

UNEMPLOYMENT BENEFITS ONGOING SAGA, More House Dems retire, CBO: MINIMUM WAGE HIKE WOULD COST THOUSANDS OF JOBS


By Ginger Gibson (ggibson@politico.com or @GingerGibson)


UNEMPLOYMENT BENEFITS ONGOING SAGA – A group of Senate Republicans are trying to get the politically dangerous issue of unemployment benefits off the congressional agenda before the fall election. POLITICO’s Burgess Everett has the story: “Senate Majority Leader Harry Reid (D-Nev.) has vowed to press the GOP on unemployment benefits — forcing them to keep taking votes on a bill to extend aid to the long-term unemployed. But Republicans have rejected it twice since the program expired on Dec. 28.


“Sens. Dan Coats of Indiana, Rob Portman of Ohio, Dean Heller of Nevada and Susan Collins of Maine want a deal that could bring the Democratic drumbeat to an end. They gathered last week to plan how to revisit the cause when the Senate returns next week, hoping they can get Democrats to agree to their policy changes and finally move the red-hot issue off the Senate’s plate. “We’re still working on the same thing, which is solving the problem,” Portman said in an interview Tuesday. “I continue to believe that we can solve this if Democrats want to.”


“The political maneuvering is a reminder that voting down money for a government program might be good politics for hard-liners running on slashing deficits and spending, but for centrists, especially those from states where jobless rates remain high, looking unsympathetic to the long-term unemployed is a big risk. That explains the nuanced positions of senators like Coats, who has surprised Democrats by engaging in the unemployment debate last week.” http://politi.co/1bL5b02


CBO: MINIMUM WAGE HIKE WOULD COST THOUSANDS OF JOBS – POLITICO’s Brian Faler has the newest bombshell from the CBO: “Raising the minimum wage would cost thousands of jobs while simultaneously lifting wages for millions more, according to a new report sure to inflame an election-year battle over income inequality.


“In an analysis providing fodder to both Democrats and Republicans, the Congressional Budget Office said Tuesday that a proposal similar to one offered by President Barack Obama would reduce total employment by 500,000 workers or about .3 percent by 2016. At the same time, it would boost earnings for some 16.5 million people, lifting 900,000 above the poverty line, the report said.” http://politi.co/1jDiK0U


– House Minority Leader Nancy Pelosi and Workforce Committee Chairman George Miller both released statements after the report saying they will continue to press for a hike in the wage.


EXECUTIVE AUTHORITY— President Obama announced a renewed effort to reduce emissions from large trucks and is acting with his executive authority. The Washington Post’s Juliet Eilperin reports: “President Obama announced Tuesday that the federal government will further tighten fuel efficiency for medium- and heavy-duty trucks, part of his ongoing effort to use executive authority to address climate change and spur domestic manufacturing.


“Speaking at the Safeway distribution center in Upper Marlboro, Md., Obama did not specify what new standard the Environmental Protection Agency and the Department of Transportation should set for these larger trucks, which weigh more than 8,500 pounds, but he said he was confident manufacturers could meet this “ambitious” goal.” http://wapo.st/1fghuAx


NUMBERS: DSCC raised $ 6.5 million in January, topped NRSC by $ 2 million – http://politi.co/N9oQLy


HOUSE DEM RETIREMENTS CONTINUE – Two more House Democrats announced they are not seeking reelection.


– Rocket scientist New Jersey Democrat Rep. Rush Holt will not run for reelection. Holt becomes the third member of the New Jersey delegation to skip out on Congress this year. POLITICO’s Alex Isenstadt reports: ““There is no hidden motive for my decision,” Holt, 65, said in a statement Tuesday. “As friends who have worked with me know, I have never thought that the primary purpose of my work was re-election and I have never intended to make service in the House my entire career. For a variety of reasons, personal and professional, all of them positive and optimistic, the end of this year seems to me to be the right time to step aside and ask the voters to select the next representative.”


“Holt, a member of the House Education and the Workforce Committee, is a former Swarthmore College professor. He’s also a five-time Jeopardy! champion.” http://politi.co/1kSNIW1


– Freshman California Democrat Rep. Gloria Negrete McLeod announced she will instead seek a seat as a San Bernardino County supervisor. The LA Times Richard Simon reports: “”My heart is here in the district,” she said in a written statement. After agonizing over whether to run for reelection to Congress or a seat on the Board of Supervisors, “my desire to represent this community locally, where I have lived for more than 40 years, and where I have long served as an elected official, won out,” she said.


“Negrete McLeod, 72, a former state lawmaker, defeated a fellow Democrat, then-Rep. Joe Baca of Rialto, to win election to the House in 2012. Baca said by telephone Tuesday that he was still planning to run for the seat being vacated by retiring Rep. Gary Miller (R-Rancho Cucamonga) but added that he was keeping his options open.” http://lat.ms/1dIIqbK


And then Baca – who is running for George Miller’s seat — called McLeod a bimbo: And then he apologized. The Hill’s Cameron Joseph has the story, asking Baca about party leaders trying to tip the scales against him: “Look at what we wound up with: Some bimbo who decided not to run again. … Here we go again now with another New Yorker trying to tell us who’s going to be the representative of the 31st. It’s up to the people to decide.”


“Baca called back Tuesday evening to apologize for his “poor choice of words.” “I was just upset the district lost a representative in a short period of time. To me, that’s a disservice to the area. I do apologize for my poor choice of words,” Baca told The Hill.” http://bit.ly/1bkZ3ez


MISSISSIPPI SENATE – POLITICO’s Alex Burns looks at the Mississippi Senate race: “As Sen. Thad Cochran faces a potentially career-ending primary challenge, his strategy for victory is straightforward: Stress his decades of bringing home federal largesse and his long relationships with home-state Republicans; tap Washington rainmakers to fill his campaign account; and bring in Mississippi political legends like Haley Barbour and Trent Lott to help seal the deal.


“Cochran’s opponent in the June 3 showdown, state Sen. Chris McDaniel, is practically salivating over the contrast that it represents. As the 2014 election cycle begins to accelerate, perhaps no race presents a sharper difference of views on what it means to be a Republican or offer a sharper microcosm of the ongoing GOP civil war than the race in Mississippi.” http://politi.co/1kWjCRH


**A message from POWERJobs: Jobs on our radar this week: Senior Data Modeler at Deloitte, Client Financial Management Analyst at Accenture and Director of Business Development at Evolver.  Interested? Apply to these jobs and more at www.POWERJobs.com; finally, a career site made for YOU!**


GOOD WEDNESDAY MORNING, FEB. 19, 2014, and welcome to The Huddle, your-play-play preview of all the action on Capitol Hill. Scott is out for the week, so send tips, suggestions, comments, complaints and corrections to ggibson@politico.com. You can also heckle me on Twitter @GingerGibson. Seung Min Kim will be taking over tomorrow. Email her skim@politico.com.


TODAY IN CONGRESS –. The House and Senate have both recessed for the week.


AROUND THE HILL – All is quiet on Capitol Hill. But far from the hill members are holding press conferences in their districts. Sen. Ted Cruz will hold a press conference to discuss his energy plan at 2 p.m. CT at Spindletop in Beaumont, Texas. No livesteam is available. 


MUST-WATCH: DRIVING THE DAY – POLITICO insiders Alex Burns, Anna Palmer, Manu Raju and Jake Sherman relaunch this classic POLITICO video series, taking you behind-the-scenes of what’s driving the day’s headlines every Tuesday – Thursday morning. Today’s video looks at the future of the Senate control and who has the upper hand, Republicans or Democrats: www.politico.com/drivingtheday .


DISCHARGE PETITIONS – Roll Call’s David Hawkings argues the unlikely success of two discharge petitions Democrats are pushing in the House: “the one they’ve been talking about most enthusiastically in recent days — the discharge petition — has a high probability of failure.


“It’s almost certainly not going to realize the stated legislative objective, which is to break the deadlock created by conservatives on both immigration and increasing the minimum wage. But neither is it likely to produce the unstated political objective, which is to push the GOP into looking like the sort of discordant and mean-spirited mess that’s undeserving of running the House for another two years.


“The reason for those predictions is the same on both counts. There just aren’t enough genuine moderates in the Republican conference, nor a sufficient number of endangered GOP incumbents, to give either discharge petition a chance for success.” http://bit.ly/1eQJXrV


Former Rep. Mel Reynolds arrested in Zimbabwe – No stranger to the legal troubles, former Rep. Mel Reynolds was arrested in Zimbabwe on Monday after authorities found him in possession of pornography, a crime in the African nation. Reuters has the story: “Former congressman Mel Reynolds has been arrested in Zimbabwe, an immigration official said on Tuesday, after state media reported the convicted sex offender had been found with pornography at a local hotel.


“Police and immigration officials were investigating Reynolds for living in the southern African country without a valid visa, Francis Mabika, an assistant regional immigration officer, told Reuters.” http://yhoo.it/1falXpS


HILL ALUMNI FILES: Former Carper aide running for Delaware treasurer – Sean Barney will primary embattled Democratic Treasurer Chip Flowers. The News Journal’s Jonathan Starkey has the story: “He has now launched a campaign website, where he takes only veiled shots at Flowers, who has come under fire in recent months for his troubled relationship with the board that manages a $ 2 billion taxpayer portfolio and questionable credit card spending out of his office. “I will restore the focus of the Treasurer’s office on its core responsibility of protecting the integrity of payments made with taxpayer resources,” Barney said on his website. He added that, “As policy director to the governor, I worked with 16 cabinet secretaries and cabinet agencies of state government to help develop consensus…. I understand that the role of the State Treasurer on the State’s Cash Management Policy Board operates in a similar vein– not to make policy unilaterally, but to work effectively with others to do right by the people of Delaware.”” http://delonline.us/1mrEJNr


Outside spending in Florida 13 –The Washington Post’s Sean Sullivan takes a look at the numbers: “There’s no doubt that Republicans and Democrats see the outcome of Florida’s 13th district special election as a crucial marker ahead of the midterm elections this fall. For proof, look at how much money organizations on both sides have been pouring in.


“The biggest spenders thus far have been Republican-aligned groups, according to a tally from the Center for Responsive Politics, which tracks campaign spending. GOP groups have spent more than $ 2.8 million to boost Republican nominee David Jolly or attack Democratic nominee Alex Sink, CRP’s most up-to-date numbers show. Democratic groups have spent nearly $ 1.5 million doing the opposite.” http://wapo.st/1jQq9gr


Happening in Ukraine – As violent clashes between protesters and riot police continue, government officials are beginning to take more public note of the conflict. From The Hill’s Justin Sink: “Vice President Biden on Tuesday called Ukranian leader Viktor Yanukovych to express “grave concern” about a brutal police crackdown in Kiev.


“According to the White House, Biden urged Yanukovych to “pull back government forces and to exercise maximum restraint.”” http://bit.ly/1oRjvY0


– From the NY Times: “Secretary of State John Kerry urged Mr. Yanukovych to stop the bloodshed. “We call on President Yanukovych and the Ukrainian government to de-escalate the situation immediately, and resume dialogue with the opposition on a peaceful path forward. Ukraine’s deep divisions will not be healed by spilling more innocent blood,” he said in a statement.” http://nyti.ms/1fdcy0B


TUESDAY’S TRIVIA WINNER – Something interesting happened with yesterday’s trivia that will result in two winners. When Mark Twain wrote “Congress doesn’t know anything about religion… You religious people there are too feeble, in intellect, in morality, in piety—in everything pretty much.” he was writing for Sen. Nye of Nevada in response to a constituent seeking help to incorporate the Episcopal Church in Nevada. Jim Sims of Molycorp chimed in with that answer, pointing to the recently published book by John Mueller “Mark Twain in Washington.” (See excerpt here: http://bit.ly/1bIqG1s)


But the Senate historian had a different answer on their website. In an article on their website (http://1.usa.gov/1bhYNNg), they stated that Twain was working for Sen. William Stewart, also of Nevada. Michael Brumas, in Sen. Mitch McConnell’s office, was the first one to respond with that answer.


Since there were conflicting responses, I went to the Senate Historian to try to get to the bottom of this piece of Twain trivia. Turns out, Mueller was correct and Nye was Twain’s employer when he penned those words. Twain blew through several jobs during his brief stint in Washington. They are changing their website. And now we can say Huddle changed history.


TODAY’S TRIVIA – Michael Brumas has today’s trivia question. On at least two occasions, what former member of the Senate Judiciary Committee prefaced his opposition to Supreme Court nominees with the adage, ‘When in doubt, don’t.’ The first person to correctly answer gets a mention in the next day’s Huddle. Email me at ggibson@politico.com.


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POLITICO – Top 10 – Huddle



UNEMPLOYMENT BENEFITS ONGOING SAGA, More House Dems retire, CBO: MINIMUM WAGE HIKE WOULD COST THOUSANDS OF JOBS

Tuesday, February 18, 2014

ON THE ROAD WITH RAND PAUL, DEMOCRATS SEEK TO NEUTERLIZE OBAMACARE, Gallup poll finds unemployment top American concern, CANTOR BLASTS ISOLATIONISTS


By Ginger Gibson (ggibson@politico.com or @GingerGibson)


ON THE ROAD WITH RAND PAUL – POLITICO’s Katie Glueck spent time in Texas with Sen. Rand Paul: “It’s 7 a.m. on a Saturday, Rand Paul is exhausted and airport security has just confiscated his morning joe. “The TSA took away my coffee,” the libertarian-leaning senator, Houston-bound for a day of events with GOP activists, complains of the federal agency he’s proposed abolishing. “I offered to drink it to show it wasn’t a bomb.”


“The Kentucky Republican has many more sleep-deprived moments in store as he prepares for a near-certain 2016 presidential bid. On an early February political swing through his native Texas, where Paul was joined by a POLITICO reporter, the contradictions and challenges that would define such a run were on vivid display — as was Paul’s belief that his blend of libertarian-infused conservatism could forge an entirely new path to the White House.


“In an extensive in-flight interview, the first-term senator outlined his vision for a more inclusive GOP — only to meet a frosty response hours later when he spoke favorably about immigration to a roomful of people enamored of the tea party’s luminary of the moment, Sen. Ted Cruz.” http://politi.co/1eLOufh


DEMOCRATS, OBAMACARE AND 2014 – POLITICO’s James Hohmann writes: “Democrats know their biggest problem in this year’s midterm election is Obamacare. So top party operatives have settled on a strategy to try blunting the GOP’s advantage: Tell voters Republicans would make the problem worse — raising prescription drug prices, empowering insurance companies and even endangering domestic violence victims.


“The battle plan, details of which were in a memo obtained by POLITICO, recognizes the unpopularity of the Affordable Care Act. But it also banks on voter fatigue with the GOP’s relentless demands for repeal and counts on poll-backed data that show many Americans would rather fix Obamacare’s problems than scrap it altogether.” http://politi.co/1bZ8lYB


– The New York Times’ Ashley Parker looks at some examples: “The ad supporting Representative Ann Kirkpatrick, Democrat of Arizona, opens with a montage of Americana Main Streets, followed by the green fields and dirt roads of the West — the “small towns and wide-open spaces,” the narrator explains, where Ms. Kirkpatrick “listens and learns.”


“His voice remains tranquil even as he turns to a more cutting message about President Obama’s signature health care law: “It’s why she blew the whistle on the disastrous health care website, calling it ‘stunning ineptitude’ and worked to fix it,” he says, before adding, “Ann Kirkpatrick: Seeing what’s wrong, doing what’s right.”


“As Democrats approach the 2014 midterm elections, they are grappling with an awkward reality: Their president’s health care law — passed with no Republican votes — remains a political liability in many states, threatening their ability to hold on to seats in the Senate and the House.” http://nyti.ms/1oJ7vrA


FLASHBACK: Headline from June 2013 “Democrats 2014 strategy: Own Obamacare” http://politi.co/1gcUFM6


– REPUBLICAN MEGA-DONORS ORGANIZE COUNCIL HEAD OF MIDTERMS: http://politi.co/1fv8Zhn


NRSC raised $ 4.62 million in January: http://politi.co/1gQpVCe


DOUTH PROTEST TOO MUCH? Rep. Issa was in New Hampshire this weekend – The New Hampshire Union Leader’s Doug Alden reports: “California Republican Darrell Issa opened his speech at Monday night’s Lincoln-Reagan Dinner saying he was not there as a candidate.


“I came here to hopefully shape the debate for 2016 — not join it — but shape it,” the congressman told the audience, which filled a banquet room at the Grappone Center. “I did so in part because over the last five years, I’ve had the distinction and dubious honor of overseeing an administration that doesn’t do the fundamentals of government well — but wants to grow government and expand it in new areas.” http://bit.ly/1gdJFhw


– And so does National Journal’s Billy House: “Rep. Darrell Issa, the bombastic chairman of the Oversight and Government Reform Committee and prominent scourge of liberals everywhere, is in New Hampshire this week.


The 60-year-old Californian is making speeches. He published an op-ed that introduces his life story to Granite State residents. And he’s prompting the obvious question.


“He is not running for president,” said Kurt Bardella, a former Issa congressional aide whose firm, Endeavor Strategic Communications, now handles Issa’s politically related media inquiries.” http://bit.ly/1oLYdLk


CANTOR BLASTS ISOLATIONISTS – Politico Pro’s Austin Wright reports: “Make no mistake: Eric Cantor sides with the strong-on-defense wing of the GOP. In a Presidents Day at the Virginia Military Institute, the House majority leader offers a full-throated rebuke of the “isolationist sentiment” he says caused the United States to hesitate to enter World War II and again threatens to unleash global horrors. http://politi.co/1nI5msQ


DON’T DITCH PAPER YET – The Washington Post’s Lisa Rein reports on the efforts to hold on to good old fashioned paper in an increasingly digital age: “As the Obama administration pushes to do more business over the Internet, finally seeking to close the technology gap with the private sector, the digital makeover is running into a dogged opponent called Consumers for Paper Options.


“The group is working the halls of Congress in closed-door meetings, underwriting research favorable to its position and mounting a news media campaign in an effort to preserve Washington as the capital of paper — and slow the move away from printed checks, forms and other paper communication.”


“The lobbying group has had some recent victories, including language tucked into last month’s budget deal that requires the government to plan for resuming paper delivery of annual Social Security earnings statements to some of the nation’s 150 million future retirees. And it’s been claiming these wins in the name of the elderly and low-income Americans the Internet has left behind.” http://wapo.st/1e2e3so


**A message from POWERJobs: Jobs on our radar this week: Senior Data Modeler at Deloitte, Client Financial Management Analyst at Accenture and Director of Business Development at Evolver.  Interested? Apply to these jobs and more at www.POWERJobs.com; finally, a career site made for YOU!**


GOOD TUESDAY MORNING, FEB. 18, 2014, and welcome to The Huddle, your-play-play preview of all the action on Capitol Hill. Scott is out for the week, so send tips, suggestions, comments, complaints and corrections to ggibson@politico.com. You can also heckle me on Twitter @GingerGibson.


TODAY IN CONGRESS –. The House and Senate have both recessed for the week. The House will meet in pro forma session at 2 p.m., bang the gavel and then get out.


AROUND THE HILL – All is quiet on Capitol Hill.


TRANSITIONS – After three years of wrangling over the farm bill and six years on the Hill, Cullen Schwartz is out as communications director for Sen. Debbie Stabenow. His last day is Wednesday. He heads a few blocks down the street to the USDA where he will start work as a press secretary March 10. His friends are toasting his new gig tonight from 5 to 7 p.m. at The 201 Bar on Mass Avenue.


WHAT MEMBERS WILL HEAR IN THEIR DISTRICTS – A Gallup poll out Monday found unemployment is now the top problem being cited by Americans. The numbers who cite the inability to find a job as their top problem was up 16 percent since January, with 23 percent naming unemployment as the most important problem facing the nation. Unemployment edged out unhappiness with government, politicians and Congress, which previous topped the biggest problem list in the Gallup poll. In fact, Congress and elected officials in Washington slipped to third. General concern about the economy also moved up into second place. The concerns shared bipartisan agreement, with Republicans, Democrats and independents all ranking unemployment and the economy as their top problems. Read the survey here: http://bit.ly/1eKe2cA


The months ahead for the House GOP – The Washington Post’s Robert Costa reports: “After a tumultuous week of party infighting and leadership stumbles, congressional Republicans are focused on calming their divided ranks in the months ahead, mostly by touting proposals that have wide backing within the GOP and shelving any big-ticket legislation for the rest of the year.


“Comprehensive immigration reform, tax reform, tweaks to the federal health-care law — bipartisan deals on each are probably dead in the water for the rest of this Congress.” http://wapo.st/1fv8Vhu


HAPPY ANNIVERSARY STIMULUS – The stimulus would be starting Kindergarten and there is still deep disagreement over what the law meant:


From House Speaker John Boehner’s statement: “The ‘stimulus’ has turned out to be a classic case of big promises and big spending with little results.  Five years and hundreds of billions of dollars later, millions of families are still asking ‘where are the jobs?’  More Americans are living at or below the poverty line.”


House Minority Whip Steny Hoyer (D-Md.) also put out a statement: “Five years after the enactment of the American Recovery and Reinvestment Act, we can see the difference it made in the millions of jobs created and saved and in the small businesses able to survive the economic downturn and invest again for the future.”


MCCONNELL DEFENDS DEBT VOTE – Speaking to reporters in Kentucky, Senate Minority Leader Mitch McConnell defended his vote on the debt deal. Louisville TV station WHAS’s Joe Arnold reports: “Under fire from the tea party for his part in allowing a senate vote to raise the nation’s debt ceiling, U.S. Senate Minority Leader Mitch McConnell said Friday he had to act in the best interests of the country to avoid default by the United States.


“My job is to protect the country when I can,” McConnell said at a campaign appearance in Louisville, “and to step up and lead on those occasions when it’s required.  That’s what I did.” Read more and watch the video: http://bit.ly/1bZLRXs


DEBT LIMIT AND THE SENATE ­– The New York Times’ Carl Hulse and Jonathan Martin look at the midterm implications of the Senate debt vote: “Senators Mitch McConnell and John Cornyn, two Republican leaders facing primary challenges, knew they would take an immediate political hit from the Republicans’ Tea Party wing by voting to clear the way for a debt-limit increase. They also knew that their willingness to cast that vote would enhance their party’s chances of gaining a majority in the Senate next year.


“It was not an easy exercise, but it keeps the focus on the issues we want it to be on,” said Senator John McCain, Republican of Arizona, who argued that by putting the debt limit fight behind it last week, his party had robbed Democrats of an opportunity to portray Republicans as reckless. “We dodged a bullet here.”


Democrats acknowledge that the Republican retreat on the debt issue was politically wise and represents yet another factor in the mounting concerns over their own Senate prospects. Democrats are counting on bursts of political extremism to wound Republican candidates. The move by Mr. McConnell, of Kentucky, and Mr. Cornyn, of Texas, showed that at least some Republicans have learned from past defeats.” http://nyti.ms/1bGPkj5


Rep. Thomas Petri (R-Wisc.) calls for investigation into himself – After news articles looking at the Wisconsin Republican’s lobbying, Petri sent a letter to the Ethics Committee requesting they look into the matter. The Hill’s Kristina Wong reports: “In the letter to the House Ethics Committee, the congressman said he was “distressed by the innuendo” that there is a conflict between his personal financial interests and his official actions in Washington.


“To end any questions, I am requesting that the committee formally review the matter and report back,” the letter read.” http://bit.ly/1fbYX8s Read the full letter here: http://bit.ly/1gXXFfZ


Obama thumbs up “Obamacare” moniker: Attention Nancy Pelosi (who has admonished reporters for calling the ACA by any other name), but President Barack Obama once again gave his approval of the health care shorthand. Politico’s Jose Del Real reports: “It may not be polling well, but President Barack Obama isn’t too worried about the Affordable Care Act’s nickname, Obamacare, or the health care law’s impact on his legacy.


“I like it. I don’t mind,” the president told former NBA star Charles Barkley in an interview that aired Sunday about the term Obamacare. “And I tell you, five years from now, when everybody’s saying, ‘Man, I’m sure glad we got health care,’ there are going to be a whole bunch of people who don’t call it Obamacare anymore because they don’t want me to get the credit.”” http://politi.co/1gwPp8r


FRIDAY’S TRIVIA WINNER – Wilfred Codrington was first to correctly answer that William Howard Taft was the president whose wife, Nellie Taft, was the main founder of the Cincinnati Symphony Orchestra.


TODAY’S TRIVIA – On this day in 1885, Mark Twain published The Adventures of Huckleberry Finn. Twain spent one winter working in Washington D.C., including freelancing for several newspapers. Who was he writing for when he penned: “Congress doesn’t know anything about religion… You religious people there are too feeble, in intellect, in morality, in piety—in everything pretty much.” The first person to correctly answer gets a mention in the next day’s Huddle. Email me at ggibson@politico.com.


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POLITICO – Top 10 – Huddle



ON THE ROAD WITH RAND PAUL, DEMOCRATS SEEK TO NEUTERLIZE OBAMACARE, Gallup poll finds unemployment top American concern, CANTOR BLASTS ISOLATIONISTS

Monday, February 10, 2014

Young People Still Getting Hosed by Unemployment in Obama"s Economy, Losing Prime Earning Years


Townhall.com:

For two months in a row, and quite frankly for the past five years, the unemployment report from the Department of Labor has been nothing short of pathetic. Although the unemployment rate is falling, giving the false perception that less people are out of work, millions have stopped looking for work and have dropped out of the labor force. But there’s one subsection of the unemployment picture that doesn’t get discussed enough: the young unemployed can’t find jobs and haven’t been able to for years. 

The teenage unemployment rate sits at 21 percent, which is more than three times the national unemployment rate of 6.6 percent. CNSNews breaks down the numbers:

The teen unemployment rate went up in January to 20.7% — from 20.2% in December– and is now more than three times the national unemployment rate of 6.6%, according to the latest data from the Bureau of Labor Statistics (BLS).

Then of course there’s the millennial generation. According to Generation Opportunity, the unemployment rate for 19-31-year-olds is 15.8 percent.

The declining labor force participation rate has created an additional 1.922 million young adults that are not counted as “unemployed” by the U.S. Department of Labor because they are not in the labor force, meaning that those young people have given up looking for work due to the lack of jobs. 


The effective (U-6) unemployment rate for 18-29 year olds, which adjusts for labor force participation by including those who have given up looking for work, is 15.8 percent (NSA). The (U-3) unemployment rate for 18-29 year olds is 11.3 percent (NSA).

In addition, a new report shows nearly one in four 26-year-olds are living at home with mom and dad.

A ten-year survey of millennials reveals that almost one in four (22.6%) 26-year-olds are still living with their parents. 


The U.S. Department of Education report confirmed that, if you are tired of living with Mom and Dad, then do your homework and stay in school.


According to the survey titled “Where Are They Now,” education makes a difference: generally those with more schooling were less likely to be living at home. The study shed some light on how older millennials have been faring during the Great Recession. 


According to a Pew Research analysis of the 2012 data, lower levels of employment, an increase in college enrollment, and a decrease in young people getting married are major factors in the increase of millennials living at home.

By the time Barack Obama leaves office, millennials will have spent nearly a decade and prime working years, jobless. Considering 2/3 of lifetime wage growth occurs in a person’s 20s, the young unemployment trend is alarming.

Dr. Meg Jay, author of a new book called The Defining Decade, says that a significant portion of your lifetime earning potential happens in your 20s, making it critical to get out there and get working. She estimates that as much as two-thirds of lifetime wage growth happens during just the first 10 years of a career. Once you hit your 40s, salaries will peak or plateau, making it hard or impossible to catch up if you only start getting serious about your career in your 30s.


RELATED: January jobs report: 113,000 jobs added, 6.6% unemployment rate
Politik Ditto



Young People Still Getting Hosed by Unemployment in Obama"s Economy, Losing Prime Earning Years

Monday, January 27, 2014

Unemployment Is Down And Terrorism Is On The Rise -- Episode 260

Unemployment Is Down And Terrorism Is On The Rise -- Episode 260
http://img.youtube.com/vi/aeIZR2Py5Ow/0.jpg



Get economic collapse news throughout the day visit http://x22report.com More economic collapse news visit http://thepeoplesnewz.com Greek unemployment is su…
Video Rating: 4 / 5




Read more about Unemployment Is Down And Terrorism Is On The Rise -- Episode 260 and other interesting subjects concerning Top News Videos at TheDailyNewsReport.com

Friday, January 3, 2014

Spain’s unemployment sees one of the sharpest drops on record

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Spain’s unemployment sees one of the sharpest drops on record

Saturday, December 28, 2013

Falling off the unemployment insurance cliff

Graph showing share of unemployed workers receiving unemployment insurance, dropping precipitously as federal emergency benefits end at the end of 2013.

Thanks to congressional inaction, emergency unemployment insurance for people who’ve been unemployed longer than six months expired today with long-term unemployment at double the level it’s been when such benefits expired after past recessions. That’s a very big deal to 1.3 million people who will now not have the jobless benefits that are in many cases what’s standing between them and the loss of a home or other basic necessities.

The lapse in emergency unemployment insurance will hit middle-class—or formerly middle-class—people hard:


Unlike food stamps—another safety net program that Congress likes to kick around—Americans don’t qualify for unemployment insurance by being poor. In fact, you can only qualify for unemployment benefits if you had a solid work history prior to being laid off. And you can only remain eligible by continuing to search for work.

Roughly 40 percent of Americans who’ve received long-term unemployment benefits since 2008 had previously earned between $ 30,000 and $ 75,000, according to an analysis of Census data by the White House Council of Economic Advisers. Earlier research by the Congressional Budget Office has shown that more than two-thirds of recipients had annual incomes more than twice the poverty level and that such households received 70 percent of all unemployment payments.



Still, they’re not rich, so Republicans are all too willing to screw them.



Daily Kos



Falling off the unemployment insurance cliff

Falling off the unemployment insurance cliff

Graph showing share of unemployed workers receiving unemployment insurance, dropping precipitously as federal emergency benefits end at the end of 2013.

Thanks to congressional inaction, emergency unemployment insurance for people who’ve been unemployed longer than six months expired today with long-term unemployment at double the level it’s been when such benefits expired after past recessions. That’s a very big deal to 1.3 million people who will now not have the jobless benefits that are in many cases what’s standing between them and the loss of a home or other basic necessities.

The lapse in emergency unemployment insurance will hit middle-class—or formerly middle-class—people hard:


Unlike food stamps—another safety net program that Congress likes to kick around—Americans don’t qualify for unemployment insurance by being poor. In fact, you can only qualify for unemployment benefits if you had a solid work history prior to being laid off. And you can only remain eligible by continuing to search for work.

Roughly 40 percent of Americans who’ve received long-term unemployment benefits since 2008 had previously earned between $ 30,000 and $ 75,000, according to an analysis of Census data by the White House Council of Economic Advisers. Earlier research by the Congressional Budget Office has shown that more than two-thirds of recipients had annual incomes more than twice the poverty level and that such households received 70 percent of all unemployment payments.



Still, they’re not rich, so Republicans are all too willing to screw them.



Daily Kos



Falling off the unemployment insurance cliff

Tuesday, December 17, 2013

Unemployment Benefits Are Ending for 1.3 Million Americans. What"s That All About?


On December 28, 1.3 million people will lose their unemployment insurance. That’s because Congress failed to add an extension of those benefits into the budget deal that will likely pass the Senate this week. Here is some background:


Who is losing unemployment benefits? The long-term unemployed. After state unemployment benefits run out—usually after 26 weeks—federal emergency unemployment benefits kick in for up to another 47 weeks. Since Congress didn’t renew the program, 1.3 million Americans will be kicked off benefits, which average $ 1,166 per month. By the end of 2014, another 3.6 million will lose their benefits.


Why are they called emergency benefits? In 2008, under President George W. Bush, Congress authorized emergency unemployment compensation to help the jobless cope with the recession, giving workers a total of 59 weeks of unemployment compensation. A year later, President Barack Obama signed a law giving the unemployed 14 more weeks of jobless benefits. At the height of the recession, Americans could get up to 99 weeks of unemployment pay. That number has since dipped to a maximum of 73 weeks. This is the first time since 2008 that Congress hasn’t extended the program.


Under another federal program initiated by President Richard Nixon, Americans can still get an extra 13 weeks of benefits if the unemployment rate in their state is high enough. (This threshold varies by state).


The recovery is picking up pace. Is it time to end the program? Many Republicans think so. Sen. Rand Paul (R-Ky.) said last week that he thinks extending the benefits fosters unemployment. “I do support unemployment benefits for the 26 weeks that they’re paid for. If you extend it beyond that, you do a disservice to these workers,” Paul told Fox News. “When you allow people to be on unemployment insurance for 99 weeks [sic], you’re causing them to become part of this perpetual unemployed group in our economy.”


The long-term unemployment rate—the percentage of those without a job for 27 weeks or longer—remains at record levels, though, in an economy with three job applicants for every job opening. The overall jobless rate has dropped to its lowest in five years, but the long-term unemployment rate is at 37 percent of the total unemployed.


In past recessions, extended unemployment benefits ended when the long-term unemployed represented about 1.3 percent of the workforce. Today, the long-term jobless represent more than 2 percent of the labor force.


What will happen to Americans who lose their benefits? Even though the average monthly unemployment payment isn’t nearly enough to support a family of four, the benefits do help people scrape by. When extended unemployment insurance expires, many Americans will fall deeper into poverty. In 2012, jobless benefits helped keep 1.7 million people—including 446,000 children—out of poverty, according to the National Employment Law Project.


Expiring benefits may also result in fewer Americans looking for jobs. Jobless insurance allows people to continue an active job search because it helps them afford presentable clothing and transportation to interviews. And Americans may be less motivated to look for work if they lose their benefits. Matt Yglesias at Slate explains:


[S]ome fairly substantial fraction of the long-term unemployed will just stop looking for a job and drop out of the labor force. If you’re long-term unemployed, then almost by definition looking for work has not been very successful at getting you work. What it has gotten you is a UI [unemployment insurance] check. Take away the check, there’s no point in bothering.



So why wasn’t unemployment insurance included in the budget deal? Republicans say there’s no urgent need to extend the $ 26 billion federal emergency unemployment insurance program because the economy is getting healthier. Democrats, who counter that the long-term unemployed are still struggling, wanted a budget deal more than they wanted the benefits extension.


Could the expiring benefits stall the recovery? Unemployment benefits act as a short-term economic stimulus, because unemployed people spend their benefits checks immediately. If the benefits were to continue, the economy would gain 200,000 jobs, and the GDP would grow by 0.2 percent in 2014, according to the Congressional Budget Office.


Is there any way out of this mess? When Congress reconvenes in early January, Senate Majority Leader Harry Reid (D-Nev.) will push a retroactive extension of the benefits. Rep. Chris Van Hollen (D-Md.) is urging Democrats to withhold support for the farm bill unless it addresses unemployment insurance.


“The people that are unemployed for a long period of time are Democrats and they are Republicans,” Reid said last week. “This is an issue that Republicans, I think, need more than we need it. This is something I think will be extremely difficult for them to turn away from.”


But because the spending on unemployment benefits will not be accompanied by a spending reduction, many Republicans are likely to vote against it.



Politics | Mother Jones



Unemployment Benefits Are Ending for 1.3 Million Americans. What"s That All About?

Sunday, December 8, 2013

Rand Paul: Extending Unemployment Benefits Would Be A "Disservice"





WALLACE: Senator, let me ask you a direct question. Do you personally, do you support extending unemployment benefits, or would you let 1.3 million Americans lose those benefits before the end of the year?


PAUL: I do support unemployment benefits for the 26 weeks that they’re paid for. If you extend it beyond that, you do a disservice to these workers.


There was a study that came out a few months ago, and it said, if you have a worker that’s been unemployed for four weeks and on unemployment insurance and one that’s on 99 weeks, which would you hire? Every employer, nearly 100 percent, said they will always hire the person who’s been out of work four weeks.


When you allow people to be on unemployment insurance for 99 weeks, you’re causing them to become part of this perpetual unemployed group in our economy. And it really — while it seems good, it actually does a disservice to the people you’re trying to help.


You know, I don’t doubt the president’s motives. But black unemployment in America is double white unemployment. And it hasn’t budged under this president.


WALLACE: But, Senator –


PAUL: I think a lot of African-Americans voted for him, but I don’t think it’s worked. I don’t think his policies have worked.


WALLACE: But, Senator, how do you persuade the African-American voter in the inner city, you’re not going to spend more government money, you’re going to vote to let the — the unemployment benefits lapse, how do you persuade that black voter, this is good for them? This is the right policy?


PAUL: My economic stimulus plan for Detroit would leave over a billion dollars in Detroit’s economy and would stimulate Detroit. There is no other plan on the table. And there’s not going to be some grand bail out that’s going to go through Congress. Other than my plan, if my plan would pass, I think it’s the only one that politically could pass.


Over a billion dollars would be left in Detroit. I’m also talking about restoring voting rights. I’m talking about school choice. I think there’s a lot to offer in the Republican message that hasn’t been offered in the past. And I think there’s only upside potential for voters in Detroit or all the big cities for Republicans.




RealClearPolitics Video Log



Rand Paul: Extending Unemployment Benefits Would Be A "Disservice"

Saturday, November 16, 2013

9 Mind-Blowing Facts About Obama’s Unemployment Crisis


Unemployment Line SC


Everything Barack Obama says is a lie.


Aside from his lies about Obamacare and global warming, Barack Obama’s biggest lies are about the “growing” recovery of employment in America. All of what he says is a lie.


Here are the facts to counter Democrat lies.


There are 102 million Americans of working age who don’t have a job. This number represents 58.3% of working age Americans, the highest percentage since 2000.  This means that for fifty straight months, there has been sub 59% participation in the job market.


Last month alone, America lost 623,000 full-time jobs. How does that stack up with what the Obama administration tells us?


In the same month, 357,000 women lost their job. More lies.


The average duration of unemployment is almost three times as long today as it was in October 2000.


In October of 2013 alone, the number of Americans falling out of the labor force hit 932,000. Think of that: almost a million people’s lives and futures disappeared in a single month.


The 62.8% of people who fell out of the work force in October puts us at the highest level since Jimmy Carter’s numbers in 1978. How can we accept this lie? How can the media keep ignoring this point?


An honest evaluation of the unemployment statistics would put the number of jobless Americans near 11 percent.


Almost 25% of American workers can only find part time work, which keeps them below the poverty level.


In 2000, there were 75 million Americans who could be working but weren’t. Today, there are 102 million. That’s roughly 1/3 of America. We are being lied to by the media and Barack Obama.


Remember these numbers the next time you hear Obama tell you he will not rest until anybody who’s looking for a job can find one.



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Western Journalism



9 Mind-Blowing Facts About Obama’s Unemployment Crisis

Monday, November 11, 2013

10 Facts About The Growing Unemployment Crisis In America That Will Blow Your Mind


Did you know that there are more than 102 million working age Americans that do not have a job? Yes, I know that number sounds absolutely crazy, but it is true. Right now, there are more than 11 million Americans that are considered to be “officially unemployed”, and there are more than 91 million Americans that are not employed and that are considered to be “not in the labor force”. When you add those two numbers together, the total is more than 102 million. Overall, the number of working age Americans that do not have a job has increased by about 27 million since the year 2000. But aren’t things getting better? After all, the mainstream media is full of headlines about how “good” the jobs numbers for October were. Sadly, the truth is that the mainstream media is not being straight with the American people. As you will see below, we are in the midst of a long-term unemployment crisis in America, and things got even worse last month.


UnemploymentIn this day and age, it is absolutely imperative that people start thinking for themselves. Just because the media tells you that something is true does not mean that it actually is. If unemployment was actually going down, the percentage of the working age population that has a job should actually be going up. As you are about to see, that is simply not the case. The following are 10 facts about the growing unemployment crisis in America that will blow your mind…


#1 The percentage of working age Americans with a job fell to 58.3 percent in October. The lowest that number has been at any point since the year 2000 is 58.2 percent. In other words, there has been absolutely no “jobs recovery”. During the last recession, the civilian employment-population ratio dropped from about 63 percent to below 59 percent and it has stayed there for 50 months in a row. Will the percentage of working age Americans with a job soon drop below the 58 percent mark?…


Employment-Population-Ratio-November-2013


#2 The U.S. economy lost 623,000 full-time jobs last month. But we are being told to believe that the economy is actually getting “better”.


#3 The number of American women with a job fell by 357,000 during the month of October.


#4 The average duration of unemployment in October 2013 was nearly three times as long as it was in October 2000.


#5 The number of Americans “not in the labor force” increased by an astounding 932,000 during October. In other words, the Obama administration would have us believe that nearly a million people “disappeared” from the U.S. labor force in a single month.


#6 The number of Americans “not in the labor force” has grown by more than 11 million since Barack Obama first entered the White House.


#7 In October, the U.S. labor force participation rate fell from 63.2 percent to 62.8 percent. It is now the lowest that it has been since 1978. Below is a chart which shows how the labor force participation rate has been steadily declining since the year 2000. How can the economy be “healthy” if the percentage of Americans that are participating in the labor force is continually declining?…


Labor-Force-Participation-Rate


#8 If the labor force participation rate was still at the same level it was at when Barack Obama was elected in 2008, the official unemployment rate would be about 11 percent right now.


#9 Even if you are working, that does not mean that you are able to take care of yourself and your family without any help. In fact, approximately one out of every four part-time workers in America is living below the poverty line.


#10 In January 2000, there were 75 million working age Americans that did not have a job. Today, there are 102 million working age Americans that do not have a job.


So what are our politicians doing to fix this?


Shouldn’t they be working night and day to solve this crisis?


After all, Barack Obama once made the following promise to the American people…


“But I want you all to know, I will not rest until anybody who’s looking for a job can find one — and I’m not talking about just any job, but good jobs that give every American decent wages and decent benefits and a fair shot at the American Dream.”



Unfortunately, things have not improved since Obama made that promise, but he has found the time to play 150 rounds of golf since he has been president.


Meanwhile, because there aren’t enough jobs, the number of Americans living in poverty continues to grow.


As I wrote about the other day, according to new numbers that were just released an all-time high 49.7 million Americans are living in poverty.


And right now 1.2 million public school students in the United States are homeless. For many more statistics like this, please see my previous article entitled “29 Incredible Facts Which Prove That Poverty In America Is Absolutely Exploding“.


The only thing that most Americans have to offer in the marketplace is their labor. If they can’t find a job, they don’t have any other way to take care of themselves and their families.


The future of the middle class in America depends upon the creation of good jobs. It really doesn’t matter how far the quantitative easing that the Federal Reserve has been doing pumps up the current stock market bubble. The American people were told that “economic stimulus” was the reason for doing all of this reckless money printing, but the percentage of working age Americans with a job is now actually lower than it was four years ago. Quantitative easing has been a complete and total failure in the job creation department, and it is doing a tremendous amount of long-term damage to our financial system.


The really frightening thing is that the Federal Reserve and the federal government have supposedly been doing all they can to try to “create jobs” and they have utterly failed. In fact, this is the first time in the post-World War II era that we have not seen an employment recovery following a recession.


And now the next wave of the economic collapse is rapidly approaching. What that hits us, millions more Americans will lose their jobs.


So the truth is that this is just the beginning of the unemployment crisis in America.


Yes, things are bad now, but soon they will get much worse.


Don’t forget to Like Freedom Outpost on Facebook and Google Plus.




Freedom Outpost



10 Facts About The Growing Unemployment Crisis In America That Will Blow Your Mind

10 Facts About The Growing Unemployment Crisis In America That Will Blow Your Mind


UnemploymentDid you know that there are more than 102 million working age Americans that do not have a job?  Yes, I know that number sounds absolutely crazy, but it is true.  Right now, there are more than 11 million Americans that are considered to be “officially unemployed”, and there are more than 91 million Americans that are not employed and that are considered to be “not in the labor force”.  When you add those two numbers together, the total is more than 102 million.  Overall, the number of working age Americans that do not have a job has increased by about 27 million since the year 2000.  But aren’t things getting better?  After all, the mainstream media is full of headlines about how “good” the jobs numbers for October were.  Sadly, the truth is that the mainstream media is not being straight with the American people.  As you will see below, we are in the midst of a long-term unemployment crisis in America, and things got even worse last month.


In this day and age, it is absolutely imperative that people start thinking for themselves.  Just because the media tells you that something is true does not mean that it actually is.  If unemployment was actually going down, the percentage of the working age population that has a job should actually be going up.  As you are about to see, that is simply not the case.  The following are 10 facts about the growing unemployment crisis in America that will blow your mind…


#1 The percentage of working age Americans with a job fell to 58.3 percent in October.  The lowest that number has been at any point since the year 2000 is 58.2 percent.  In other words, there has been absolutely no “jobs recovery”.  During the last recession, the civilian employment-population ratio dropped from about 63 percent to below 59 percent and it has stayed there for 50 months in a row.  Will the percentage of working age Americans with a job soon drop below the 58 percent mark?…


Employment-Population Ratio November 2013


#2 The U.S. economy lost 623,000 full-time jobs last month.  But we are being told to believe that the economy is actually getting “better”.


#3 The number of American women with a job fell by 357,000 during the month of October.


#4 The average duration of unemployment in October 2013 was nearly three times as long as it was in October 2000.


#5 The number of Americans “not in the labor force” increased by an astounding 932,000 during October.  In other words, the Obama administration would have us believe that nearly a million people “disappeared” from the U.S. labor force in a single month.


#6 The number of Americans “not in the labor force” has grown by more than 11 million since Barack Obama first entered the White House.


#7 In October, the U.S. labor force participation rate fell from 63.2 percent to 62.8 percent.  It is now the lowest that it has been since 1978.  Below is a chart which shows how the labor force participation rate has been steadily declining since the year 2000.  How can the economy be “healthy” if the percentage of Americans that are participating in the labor force is continually declining?…


Labor Force Participation Rate


#8 If the labor force participation rate was still at the same level it was at when Barack Obama was elected in 2008, the official unemployment rate would be about 11 percent right now.


#9 Even if you are working, that does not mean that you are able to take care of yourself and your family without any help.  In fact, approximately one out of every four part-time workers in America is living below the poverty line.


#10 In January 2000, there were 75 million working age Americans that did not have a job.  Today, there are 102 million working age Americans that do not have a job.


So what are our politicians doing to fix this?


Shouldn’t they be working night and day to solve this crisis?


After all, Barack Obama once made the following promise to the American people…


“But I want you all to know, I will not rest until anybody who’s looking for a job can find one — and I’m not talking about just any job, but good jobs that give every American decent wages and decent benefits and a fair shot at the American Dream.”



Unfortunately, things have not improved since Obama made that promise, but he has found the time to play 150 rounds of golf since he has been president.


Meanwhile, because there aren’t enough jobs, the number of Americans living in poverty continues to grow.


As I wrote about the other day, according to new numbers that were just released an all-time high 49.7 million Americans are living in poverty.


And right now 1.2 million public school students in the United States are homeless.  For many more statistics like this, please see my previous article entitled “29 Incredible Facts Which Prove That Poverty In America Is Absolutely Exploding“.


The only thing that most Americans have to offer in the marketplace is their labor.  If they can’t find a job, they don’t have any other way to take care of themselves and their families.


The future of the middle class in America depends upon the creation of good jobs.  It really doesn’t matter how far the quantitative easing that the Federal Reserve has been doing pumps up the current stock market bubble.  The American people were told that “economic stimulus” was the reason for doing all of this reckless money printing, but the percentage of working age Americans with a job is now actually lower than it was four years ago.  Quantitative easing has been a complete and total failure in the job creation department, and it is doing a tremendous amount of long-term damage to our financial system.


The really frightening thing is that the Federal Reserve and the federal government have supposedly been doing all they can to try to “create jobs” and they have utterly failed.  In fact, this is the first time in the post-World War II era that we have not seen an employment recovery following a recession.


And now the next wave of the economic collapse is rapidly approaching.  What that hits us, millions more Americans will lose their jobs.


So the truth is that this is just the beginning of the unemployment crisis in America.


Yes, things are bad now, but soon they will get much worse.



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The Economic Collapse



10 Facts About The Growing Unemployment Crisis In America That Will Blow Your Mind