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US Unemployment - Page 29

A $6.4 billion plan to extend unemployment insurance benefits to eligible workers for another three months cleared a key procedural hurdle in the Senate on Tuesday. Sixty senators voted to move ahead with debate on the measure, meeting the required number of votes for the bill to advance.

The bill is a top priority for Democrats. But most Republicans object to the measure, with many arguing that it needs to be offset with spending cuts elsewhere in the federal budget.

The bill's fate remains uncertain in the Democratic-controlled Senate, and particularly in the GOP-controlled House of Representatives. Ref. CNN

Unemployment US

US jobless queue spikes as January retail sales slide:

The number of Americans filing new claims for unemployment benefits rose last week, government data showed Thursday. A separate report showed retail sales slid 0.4 percent n January from December, the Commerce Department said. Excluding autos, retail sales were flat. Ref. Source 5

US Unemployment History & Civil Business Politics

Obama 'Jobs Recovery' More Than 100 Million Not Working:

More than 100 million Americans have not been working in Obama's workers' paradise for all of 2012 and 2013, a unique achievement in American history. Ref. Source 9

Page 29 Unemployment US

The U.S. Economy added 175,000 jobs last month, an increase over January, according to the Department of Labor.

The unemployment rate was 6.7%, compared to 6.6% in January. Economists had been expecting a gain of 150,000 jobs and for unemployment to remain flat.

The particularly cold and icy winter has been hard on the job market. In the 12 months leading up to the winter, the economy had been adding an average of 205,000 jobs each month. Ref. CNN

Unemployment US

Senators reach deal to extend unemployment benefits

Multiple news outlets report that negotiations in the Senate have produced a bipartisan agreement to extend unemployment benefits for those whose benefits lapsed in December. The deal may get a vote before the end of March but it is not clear whether it will be able to pass the House. Ref. USAToday

US Unemployment

Correction: A bipartisan group of senators has reached a deal to extend federal long-term unemployment benefits for five months.

Five Republicans have signed on to the measure, effectively meaning it should clear the Senate.

A vote is not expected until after next week's recess; prospects for passage in the House are uncertain.

The recession-era program that extended jobless benefits for millions of Americans expired at the end of last year. Previous efforts to renew it, even for a short period of time, have fallen short.

A previous breaking news alert incorrectly reported the length of the extension. We regret the error. Ref. CNN

US Unemployment - Page 29

After fears of a winter slowdown, the U.S. Job market showed relative strength in March.

The U.S. Economy added 192,000 jobs, and the unemployment rate held steady at 6.7% last month, the government reported today. Both were close to what economists had expected. Ref. CNN

US Unemployment Politics Business Civil & History - Page 29

The U.S. Senate voted 59-38 to restore jobless benefits that expired in December for the long-term unemployed.

Six Republicans joined Democrats in voting to extend the benefits through May.

The bill's fate in the House is unclear. Speaker John Boehner says he opposes the measure because it doesn't include provisions to create more private-sector jobs. Ref. CNN