by Seth Freed Wessler on July 21 2010, 10:26AM
And the racial boogeyman that informs the fact-challenged argument.
by Julianne Hing on July 20 2010, 9:56AM
It’s a sign of how bad things are that people are fighting for jobs in a toxic stew.
by Naima Ramos-Chapman on July 19 2010, 1:02PM
President tells party of no to say yes on extension of unemployment benefits for millions.
by Naima Ramos-Chapman on July 14 2010, 10:00AM
For top nations to get higher return during economy turnaround, they must invest in immigration.
by Jamilah King on July 8 2010, 5:35PM
Late last night Wells Fargo announced its plans to cut 3,800 jobs, close 638 of its Wells Fargo financial stores nationwide and officially stop handing out subprime loan packages. The move is a long time coming for a bank that’s…
Our original report examined the racial inequity that helped create the recession—and that the crisis has in turn intensified. More than a year later, little has changed.
by Jamilah King on July 1 2010, 2:59PM
Newly released data from the Department of Labor shows that the country’s jobless claims are on the rise. Over the past two weeks, initial claims increased to over 470,000. The jump in claims isn’t exactly news to most analysts, who…
by Jamilah King on June 30 2010, 6:24PM
Rick Santelli’s once again raging on CNBC. Maybe the 1.2 million longterm unemployed that Congress is kicking off of jobless insurance should do the same.
by Seth Freed Wessler on June 29 2010, 2:21PM
The House votes on extending unemployment benefits today as 1.2 million are at risk of losing their lifeline.
by Seth Freed Wessler on June 24 2010, 6:27PM
Frances Fox Piven says it’s because people getting benefits no longer share a public space—where organizing could happen.
by Seth Freed Wessler on June 23 2010, 7:37AM
Bombed out houses and unemployment lines; empty factories and empty lots. These are the images that have come to animate Detroit’s decline, its deep and deepening depression.
by Michelle Chen on June 14 2010, 9:29AM
The unemployment rate varies wildly across different regions. But there’s one consistent pattern throughout: to find the people hurting the most, look to the neighborhoods where Black and brown people live. The Economic Policy Institute’s latest breakdown of unemployment looks…
by Seth Freed Wessler on June 8 2010, 10:36AM
The Senate is expected to begin debate today on extending unemployment insurance until November. The overwhelming majority of Americans support doing so, according to a new poll, but the Senate is poised to ignore that fact—not to mention the plight…
by Daisy Hernandez on June 7 2010, 3:31PM
The monthly unemployment numbers are in, largely confirming what we already knew: the 411,000 temporary jobs created by the Census jobs helped but just a little. The overall unemployment rate shifted down from 9.9 percent to 9.7 percent and for…
by Daisy Hernandez on June 4 2010, 4:10PM
The Obama administration laid out its plan last week for financing public housing by turning to the private sector. If you’re thinking, “Wait, aren’t those the same guys who just wrecked the economy?” well, that was my question too. Speaking…
by Seth Freed Wessler on May 28 2010, 9:30AM
As many as 200,000 people may lose their unemployment insurance benefits in early June, because the Senate has once again failed to extend the program. Senate Democrats announced on Thursday that they were once again unable to pass an extension…