Arizona Lawmakers Slam Cities on Budget Lawsuit
Jan Brewer, the governor of Arizona, as well as top Republican legislators lambasted several Arizona municipalities for challenging the constitutionality of some parts of budget law. The municipalities’ criticisms were targeted at provisions that deny government services and benefits to illegal immigrants. Senator Russell Pearce, a Republican, said that the lawsuit amounts to “siding with [...]
Young Adults Relying More on Parents
Young adults that face limited job options are increasingly turning to their parents for help to weather the recession. Almost one in seven parents with children over eighteen say that they have had a child move back in with them in the last year, according to a study conducted by the Pew Research Center. The [...]
Weekly Jobless Claims Below 500,000
The number of laid-off workers filing unemployment claims dropped more than was expected last week. The number is now at the lowest it’s been in over a year. There is concern that the improvement is temporary, due to the weak economy continuing to push joblessness rates higher. The Department of Labor says that the number [...]
Recession Still Causing Job Loss
While many factors of the recession are beginning to look better – the stock market is up, house prices holding, service industries recovering, and so on – employment is still suffering. Job losses are expected to continue at least into the middle of next year, driving the unemployment rate above ten percent from 9.8 last [...]
Job Competition at its Toughest
The number of job seekers competing for each available job has reached the highest point since the beginning of the current recession, according to a recent government survey. This employment crisis is expected to get even worse as companies become more and more reluctant to hire new staff. Top economists expect a jobless recovery, and [...]