The problem with the system is that it’s arbitrary and doesn’t meet the needs of employers Continue reading
“As long as inflationary expectations are held at bay, we can fully open the monetary throttle in an effort to deliver on the mandate Congress gave us to help achieve full employment,” said Fisher. “But it is for naught as long as the fiscal authorities are slamming on the brakes and leaving everyone in the dark as to how they will cure the fiscal mess they have wrought.” Continue reading
China has been something of a problem for the American labor movement over the past, oh, half century: It\’s absorbed hundreds of thousands of formerly American jobs, playing a big role in the collapse of U.S. manufacturing. During that time, no sitting AFL-CIO president has seen fit to pay a visit — until this past … Continue reading
From the fiscal cliff to sequestration to the current shutdown debt ceiling debate: What\’s the cost of the U.S. government careening from crisis to crisis? About 900,000 jobs lost … and the potential for another recession. That’s the conclusion of a new report prepared by research firm Macroeconomic Advisers for the Peter G. Peterson Foundation. … Continue reading
Extending unemployment benefits puts an upward pressure on equilibrium wages, which induces lower vacancy posting by firms and consequently an increase in unemployment research finds. Unemployment in the U.S. rose dramatically during the Great Recession and has remained at an unusually high level for a long time. The policy response involved an unprecedented extension of … Continue reading
The findings led Boris Johnson to urge the Prime Minister to demand a change in EU laws to delay migrants’ access to benefits Continue reading
Job creation and hiring top Americans’ list of what federal gov’t, businesses can do As lawmakers in Washington focus on opening the government after the Oct. 1 partial shutdown, raising the debt limit, and debating the merits of the Affordable Care Act, Americans say creating jobs is the most important way for the federal government … Continue reading
According to the report released by the National Planning Commission Continue reading
President Obama on Wednesday announced what he called perhaps his most important economic decision, nominating Janet L. Yellen to lead the Federal Reserve system and be his independent co-steward of the economy, calling her “one of the nation’s foremost economists and policy makers.” Ms. Yellen, 67, would be elevated from the Fed’s vice chairwoman to … Continue reading
Some 120,000 Swiss signatories have put their names to a petition demanding a monthly minimum wage of $2,800 (2,500 Swiss francs) for every single member of the working adult population. Enough names have been collected for a government vote Continue reading
I have to show you something. Before reading the news below, take a look at the figure Continue reading
A free trade agreement between the USA and European Union could create 160,000 jobs in Germany, a report claimed on Friday. Talks about a deal are set for Monday. Continue reading
Canada’s newest union, will organize a national, multi-stakeholder summit on good jobs in 2014. Continue reading
British Prime Minister David Cameron said jobless people under the age of 25 should not be allowed to claim unemployment benefits as he signaled a crackdown on welfare payments Continue reading
A disproportionate drop in employment insurance recipients in Atlantic Canada suggests federal EI restrictions are having a negative impact that will only get worse as seasonal industries lay off staff, critics say Continue reading