Unemployment

Lord Layard on the cause of long-term unemployment

Liberal Vision (Free subscription) | yesterday

Here is Labour peer and happiness economist Lord Layard on the cause of long-term unemployment in Europe: Europe has a notorious unemployment problem. But if you break down unemployment into short-term (under a year) and long-term, you find that short-term unemployment is almost the same in Europe as in the U.S. – around 4% of the [...]

• From the Annals of Entirely Counter-productive Government Interventions - Adam Smith Institute Blog

Unemployment insurance

Larvatus Prodeo (Free subscription) | yesterday

It seems that the ACTU is considering a push for a nationwide unemployment insurance scheme, as part of an increase in superannuation contributions to 12%: The internal ACTU report, prepared for today’s meeting of the ACTU executive, argues for superannuation contributions to be lifted from 9 to 12 per cent; 1 per cent of the increase [...]

Arianna Huffington: Will The Unemployment Disaster Be Obama's Katrina?

Dante News Wire (Free subscription) | 5 hours ago

Arianna Huffington: Will The Unemployment Disaster Be Obama's Katrina? Purity Balls: Republican Party Proposes Test For Politicians - purity test - Jezebel Obama Administration Decides Not to Sign Treaty Banning Land Mines - FOXNews.com One in Four Teen Girls Have STDs - Drugs.com MedNews Poll: Most Iowa Republicans like Palin for 2012 - USATODAY.com American Thinker: The Wilding of Sarah Palin Girl...

Obama says must do more to ease us unemployment - Reuters

Google News - Top Stories (Free subscription) | 23/11/2009

The Associated Press Obama says must do more to ease us unemployment Reuters WASHINGTON, Nov 23 (Reuters) - President Barack Obama on Monday said that his top priority was to tackle high US unemployment and stressed that although the economy was growing again, many Americans were still suffering. "We cannot sit back and be ... Obama talks jobs at Cabinet meeting msnbc.com Obama vows not to rest...

Oklahoma unemployment rate hits 21-year high

Daily Advance - Business (Free subscription) | 23/11/2009

OKLAHOMA CITY — Oklahoma's unemployment rate climbed to 7.1 percent in October, the state's hi...

• Oklahoma unemployment rate hits more than 20-year high, climbs to 7.1 percent in October - Star Tribune
• Oklahoma unemployment rate hits 21-year high - San Fransisco Chronicle
• See the 6 articles on the same subject

Not Your Granddaddy’s Unemployment

Cafe Hayek (Free subscription) | 23/11/2009

Here’s a letter that I sent yesterday to the Washington Post: Your front-page story on talented, credentialed, and underemployed Melissa Meyer should dispel the notion that today’s economic troubles are comparable to those of the Great Depression (”In recession, one road led back home,” Nov. 22). Photos from the 1930s show countless dejected people waiting in bread [...]

Unemployment taxes an impediment to small business job creation

David Kirkpatrick (Free subscription) | yesterday

This is one of those chicken/egg scenarios, but states are hurting for revenue, unemployment remains high and small business are being dissuaded from hiring because those broke states are cranking up the unemployment taxes on those small businesses. The end result? Small businesses are going to put of taking on new employees right at a time when jobs are [...]

• Businesses Hiring Fewer Workers Thanks To Expanded Unemployment Benefits In Stimulus Bill - Say Anything
• AP: Unemployment Benefits Killing New Jobs - American Pundit
• See the 7 articles on the same subject

Obama's KatrinaArianna Huffington wonders if unemployment will...

Public Musings (Free subscription) | yesterday

Obama's KatrinaArianna Huffington wonders if unemployment will be Obama's Katrina.Just as Katrina exposed critical weaknesses in the priorities and competence of the Bush administration, the unfolding unemployment disaster is threatening to do the same for the Obama White House.The vacuous slogans of Hope and Change from the Obama campaign are revealing themselves right now. Has Hope or Change

Arianna Huffington: Is Unemployment Obama's Hurricane Katrina?

NewsBusters (Free subscription) | yesterday

As President Obama's approval rating dips below 50 percent, his devoted followers in the media also appear to be losing that loving feeling. Over the weekend it was Chris "Tingles Up My Leg" Matthews calling the former object of his affection "Carteresque." On Tuesday it was Arianna Huffington -- who has spent the entire year pushing for government-run healthcare as well as cap...

FOMC Minutes: "Unemployment expected to remain elevated for some time"

Calculated Risk (Free subscription) | yesterday

The FOMC now sees economic risks balanced, as opposed to tilted towards the downside (I think this is too optimistic). And they also expect unemployment to remain elevated for some time. Here are the November FOMC minutes . Committee Policy Action: [M]ost members projected that over the next couple of years, the unemployment rate would remain quite elevated and the level of inflation would remain below...

Animating The Unemployment Wave And Wondering About Its Impact

SocketSite™ (Free subscription) | yesterday

As the pace of existing home purchases in U.S. picks up and the latest Case-Shiller Index twenty-city composite ticks up, a plugged-in tipster points us in the direction of a rather sobering animation of the rising unemployment wave spreading across...

New jobs for 2 SC counties with high unemployment

Seattle Post-Intelligencer (Free subscription) | yesterday

COLUMBIA, S.C. -- One hundred new jobs are coming to two South Carolina counties with high unemployment rates.

• New jobs for 2 SC counties with high unemployment - Seattle Times

Weekly Audit: Unemployment Fueling Political Storm

The ITT List (Free subscription) | yesterday

Unemployment figures in the U.S. are staggering: The official rate stands at 10.2%, the highest in 26 years. A broader measure that includes people who are involuntarily working part-time or who have given up looking for work is at 17.5%. That's a full-blown economic emergency. But, as Joshua Holland explains for AlterNet, President Barack Obama's response to the unemployment crisis has not matched...

17.5%: A More Real Government Unemployment Rate

cryptogon.com (Free subscription) | yesterday

Via: CNBC: As experts debate the potential speed of the US recovery, one figure looms large but is often overlooked: nearly 1 in 5 Americans is either out of work or under-employed. According to the government’s broadest measure of unemployment, some 17.5 percent are either without a job entirely or underemployed. The so-called U-6 number is at [...]

ARIANNA HUFFINGTON: Will The Unemployment Disaster Be Obama’s Katrina? “Just as Katrina exposed cr…

Instapundit.com (Free subscription) | yesterday

ARIANNA HUFFINGTON: Will The Unemployment Disaster Be Obama’s Katrina? “Just as Katrina exposed critical weaknesses in the priorities and competence of the Bush administration, the unfolding unemployment disaster is threatening to do the same for the Obama White House.”

“Target-Free Approach”

vivian09 | 15/10/2009

The short experience to date since the introduction of the “target-free approach” in the states of Uttar Pradesh, Bihar , Rajasthan and Madhya Pradesh has been disappointing. Acceptance levels were less than 50% of the corresponding period in the previous year when targets were in vogue. On the other hand, such a drastic change in acceptance has not occurred in the progressive southern states. Thus,...

Mitsubishi buys 40 percent stake into Russian dealer’s distribution

traimi | 29/09/2009

For about $72 million, Mitsubishi Corp. was able to buy 40 percent of Rolf’s Mitsubishi car distribution business in Russia. Rolf is Russia’s largest foreign car dealer and was hit hard by declining sales in Russia. Reasons for the 54% drop in sales in August year-on-year include the fall of the ruble, lack of consumer credit, and rising unemployment.

Friendly Web Design to start a business in UK

imrozz | 26/08/2009

The recession is being blamed for the increase in unemployment and many people are finding themselves in debt and with little or no income. Lots of companies are closing down and finding a job in such an economic climate is difficult. A website is a one mean to start an online business. A website is a vital marketing tool for business. The visual aspect of a website must be attractive and grab the...