Tag Archive for Unemployment

Unemployment drops to 8.5 percent in December 2011

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U.S. employment grew solidly last month, continuing a strengthening trend in the nation’s job market seen in the second half of 2011. I can’t wait to see how the GOP presidential candidates will try to spin this as a failure on the part of Democrats and President Obama.

Voices From Street Corners (Vol 19): Reflections

Congressman Ron Paul

As we are witness to the Presidential Beauty Pagaent and the complacent media before us, the World has continued to implode and change before our very eyes. What has happened in the Middle East is nothing short of remarkable. It has been a grass-roots effort that prompted many to rethink long-standing beliefs. It is startling to see someone like Hosni Mubarak who up to five months ago could do no wrong is now confined to a Cairo Military Hospital under virtual arrest for corruption. Beyond the World, though, there are the continued challenges at home.

Congresswoman Sanchez comments on declining unemployment rate

Congresswoman Loretta Sanchez - Photo: Chris Prevatt

“Today’s report is good news for Orange County families, and I am happy to hear the economy is improving and our country is continuing on a positive path toward recovery. I will continue to work with my colleagues in Congress in the coming months to support policies that strengthen our economy and create jobs, especially as we consider the 2012 federal budget.”

Vice President Biden Delivers Weekly Address: Tax Cuts & Unemployment Insurance

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With President Obama visiting troops in Afghanistan, Vice President Biden delivered this week’s address, in which he said Congress must extend both the middle class tax cuts and unemployment insurance this year. The combined economic blow of raising taxes on the middle class and cutting two million Americans off of unemployment insurance would wind up costing the country hundreds of thousands of jobs. And, to say that during these challenging times, we cannot afford to provide a lifeline to millions of Americans, but we can afford to give tax cuts to the wealthiest two percent is not just bad economic policy, it is also wrong.