Political Capital

Posts tagged: unemployment

A Choice Career Fairs job fair in Arlington, Virginia.

Photograph by Andrew Harrer/Bloomberg

A Choice Career Fairs job fair in Arlington, Virginia.

Six Republicans Help Advance Unemployment Benefits in Senate

Updated at 10:25, 11:11, 111:20 am and 1:45 pm EST Five votes. That’s what the Democrats in the Senate said they needed from Republicans this morning for a delayed vote on the extension of unemployment benefits for more than 1...

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Job seekers talk with recruiters in San Francisco on April 24, 2013

Photograph by David Paul Morris/Bloomberg

Job seekers talk with recruiters in San Francisco on April 24, 2013

Bloomberg by the Numbers: 339,000

That’s how many people applied for unemployment benefits in the week ended Dec. 28, according to the Labor Department. That’s the lowest level in a month, below the median forecast of 344,000 in a Bloomberg survey of economists and down...

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Job seekers in San Francisco.

Photograph by David Paul Morris/Bloomberg

Job seekers in San Francisco.

Bloomberg by the Numbers: 1.3 Million

The failure of Congress to extend unemployment benefits means 1.3 million Americans will lose jobless aid beginning tomorrow. House Republicans refused to come up with the estimated $26 billion over two years to extend the program unless the money came from...

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A manufacturing facility in Oakland, California.

Photograph by David Paul Morris/Bloomberg

A manufacturing facility in Oakland, California.

GOP Governors Say They Should Get Credit for Improving Economy

As President Barack Obama prepares to speak this afternoon about an improving U.S. economy, Republican governors are trying to claim some credit, too. Citing November state unemployment rates released today by the Bureau of Labor Statistics, the Republican Governors Association...

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Ben S. Bernanke, chairman of the U.S. Federal Reserve, in Washington, D.C.

Photograph by Andrew Harrer/Bloomberg

Ben S. Bernanke, chairman of the U.S. Federal Reserve, in Washington, D.C.

Tapering the Easing: Only in D.C.

Only in Washington is tapering the opposite of easing. Then again, only here might the QE2 be a bond purchase. The Federal Reserve announced today that it will cut its monthly bond purchases to $75 billion — down from $85...

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Workers perform a final inspection on Sonata and Elantra vehicles at the HyundaiMotor Manufacturing Alabama (HMMA) assembly plant in Montgomery, Alabama, on Oct. 22, 2013.

Photograph by Luke Sharrett/Bloomberg

Workers perform a final inspection on Sonata and Elantra vehicles at the HyundaiMotor Manufacturing Alabama (HMMA) assembly plant in Montgomery, Alabama, on Oct. 22, 2013.

Bloomberg by the Numbers: 34%

That’s the share of economists Bloomberg surveyed Dec. 6 who expect the Federal Reserve to begin tapering its bond-buying program later this month. That’s up from 17 percent in a Nov. 8 survey, Bloomberg’s Jeff Kearns and Catarina Saraiva reported....

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Rodacheca Nelson, left, and Samuella Augustin fill out job application forms as they apply for jobs during a job fair at Sawgrass Mills on October 11, 2013 in Sunrise, Florida.

Photograph by Joe Raedle/Getty Images

Rodacheca Nelson, left, and Samuella Augustin fill out job application forms as they apply for jobs during a job fair at Sawgrass Mills on October 11, 2013 in Sunrise, Florida.

Obama: Jobless ‘Lifeline’ Needed — RNC: Obamacare ‘War on Women’

The president spoke this week of the “defining challenge of our time:” The widening economic inequities in the U.S. darkening the American dream. Among his calls for action: Raising the federal minimum wage. Yet many are collecting no wages at...

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A job seeker meets with a recruiter during the East Bay's HIREvent on Oct. 8, 2013 in Emeryville, California.

Photograph by Justin Sullivan/Getty Images

A job seeker meets with a recruiter during the East Bay's HIREvent on Oct. 8, 2013 in Emeryville, California.

Job Seekers’ Qualifications Help Trump Work Status

While it’s still true that already having a job gives you a leg up at getting another one, new research shows the right qualifications can significantly improve the odds for the unemployed. Across all applicants, 22.7 percent more of those...

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Job seekers speak to potential employers at a jobs fair for people 50-years-old and older, put together by the United Jewish Appeal Federation and  Federation of Jewish Philanthropies of New York, on November 20, 2013 in New York City.

Photograph by Andrew Burton/Getty Images

Job seekers speak to potential employers at a jobs fair for people 50-years-old and older, put together by the United Jewish Appeal Federation and Federation of Jewish Philanthropies of New York, on November 20, 2013 in New York City.

Bloomberg by the Numbers: 38

That’s how many states had a lower unemployment rate last month than in October 2012. The national unemployment rate was 7.3 percent in October ,compared with 7.9 percent a year earlier, according to the Bureau of Labor Statistics. In Florida,...

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