jobless workers

Older jobless workers facing tough times

MSNBC.com: Business  Mon, 10/03/2011 - 05:26

For more than six decades — and more than six recessions — Andy Rooney, 92, has held on to his job.<br /><br />His last day at work was shown in a final broadcast on CBS’ ‘60 Minutes’ yesterday.Age discrimination is viewed as an acceptable bias in many of the nation’s workplaces and it has only worsened in this tough economy.



 

What can the Obama administration do to help the long-term unemp...

Digg - Business & Finance  Tue, 08/23/2011 - 13:14

There is not much good economic news out there. The unemployment rate is 9.1 percent, and JPMorgan forecasts it will rise to 9.5 percent over the next year.

The Wall Street consensus is that the chances we are in or will enter another recession are 30 percent to 40 percent.

And the darkest spot in the dark economy? Skills-corroding, poverty-inducing, long-term joblessness. The average duration of unemployment has climbed to record highs, and about 44 percent of jobless workers have not had a job in six months.


 

Bad credit sidelines some jobless workers

MSNBC.com: Business  Tue, 02/23/2010 - 07:07

Debra Banks, 54, of Los Angeles, believes an unpaid medical bill cost her a full-time job.<br /><br />As more companies check credit histories before hiring, unemployed workers face a potentially vicious cycle that can become a barrier to finding another job.



 

Senate approves jobless, housing aid

Topix - Business News  Thu, 11/05/2009 - 19:03

The U.S. Senate vote unanimously on Wednesday to extend aid for jobless workers and broaden tax breaks for homebuyers and businesses in a bid to breathe life into the struggling U.S. economy.


 

La. unemployment taxes to rise, benefits to drop

Newsvine - business  Wed, 09/23/2009 - 14:07

A rise in the ranks of Louisiana's unemployed will force business taxes to increase and state benefits for jobless workers to shrink next year, moves designed to keep the state's unemployment trust fund from being drained.


 

House votes to extend unemployment benefits

MSNBC.com: Business  Tue, 09/22/2009 - 18:04

Jobless workers in imminent danger of losing their unemployment benefits would get a 13-week reprieve under legislation approved by the House on Tuesday.


 

Study: unemployed feel 'traumatized' by recession

Newsvine - business  Wed, 09/02/2009 - 22:04

A new study finds that the recession has left many jobless workers struggling to cope with the psychological stress caused by becoming unemployed in a weak economy.