The Unemployment Rate for African-Americans Is More Than Twice the Rate for Whites. Unemployment continues to disproportionately impact the African-American community.
Source: U.S. Department of Labor, Bureau of Labor Statistics.
________________
As introduced on June 17, 2014, Ways and Means Chairman Camp…
Read more
The Share of Adults Who Are Working Is Back to 1984 Levels. The share of adults who are working dropped to levels last seen in 1984 and has yet to recover.
Source: U.S. Department of Labor, Bureau of Labor Statistics.
________________
As introduced on June 17, 2014, Ways and Means Chairman Camp is…
Read more
Record Number of Americans Are Not Working. A record number of people are unemployed or have left the workforce.
Source: U.S. Department of Labor, Bureau of Labor Statistics.
________________
As introduced on June 17, 2014, Ways and Means Chairman Camp is listing 40 reasons for the…
Read more
Worst "Recovery" Ever for Dropouts from the Workforce. In no prior recession have this many people remained out of the workforce this far into an economic recovery.
Source: U.S. Department of Labor, Bureau of Labor Statistics.
________________
As introduced on June 17, 2014, Ways and Means…
Read more
Worst “Recovery” Ever for Long-Term Unemployed. In no other recession were there this many long-term unemployed.
Source: Calculated Risk Blog.
________________
As introduced on June 17, 2014, Ways and Means Chairman Camp is listing 40 reasons for the Senate to pass the 40 jobs bills the House has already…
Read more
At the Current Pace, the Jobs Gap Won’t Close until 2018. The jobs gap includes both jobs lost during the recession as well as new jobs needed to keep pace with population growth.
Source: Hamilton Project, Closing the Jobs Gap
As introduced on June 17, 2014, Ways and Means Chairman Camp is listing 40…
Read more
On June 17, 2010, the Obama Administration announced the start of “Recovery Summer.” As one Administration official put it back then, “This summer is sure to be a Summer of Economic Recovery.” That boast added to promise after promise by the Administration and Congressional Democrats that their policies would turn the economy around and “lay a new foundation for growth and…
Read more
On the sixth Father’s Day of the Obama Administration, it’s time to review how America’s fathers have been doing in the Obama Economy. Overall, the answer is not well. For example, as economist Heidi Shierholz of the liberal Economic Policy Institute recently admitted: “Men…are still nearly 700,000 jobs below their pre-recession employment peak, and given growth in the…
Read more
According to a recent CNNMoney poll, a majority of Americans believe the American Dream is impossible to achieve. Even more alarming, 63 percent of Americans 18-34 years old think the American Dream is completely out of reach, with most believing they belong to a generation that will not be better off than their parents.
After last week’s jobs report, it’s not surprising…
Read more
Nancy Pelosi famously claimed that unemployment benefits are “one of the biggest stimuluses to our economy” that “creates jobs faster than almost any other initiative you can name.” Continuing to suggest as much, some have decried the end of the Emergency Unemployment Compensation (EUC) program in December.
But, as the table below displays, the early evidence…
Read more