Tag Archives: unemployment

Unemployment Insurance Claims Rise for Fourth Straight Week

Posted on 6 May 2011 by Ken Zino

This is a clear sign that the U.S. economy is not creating jobs as both political parties maneuver for advantage in the upcoming presidential election with no apparent desire to address current economic problems. Continue reading →

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U.S. Unemployment Remains Above 9% in December. Economy Adds Few Jobs. More than 14 Million People Out of Work

Posted on 7 January 2011 by Ken Zino

In spite of massive, multi-billion dollar deficit spending by the federal government, job growth is virtually non-existent and well below the rate of population growth of people entering the workforce, according to year end statistics.

In December, the unemployment rate fell by 0.4% of a percentage point to 9.4%, and nonfarm payroll employment increased by a mere 103,000. More than 14.5 million people are out of work. Official statistics drastically understate the actual number of unemployed or under employed people in the United States. It appears there is no end in sight to massive unemployment, decreased tax revenues and record breaking deficit spending.
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UAW Defends Korean FTA as Other Unions Protest Deal

Posted on 20 December 2010 by Ken Zino

In a late Friday afternoon e-mail to its members and supporters, the United Auto Workers Union defended its endorsement of the revised and still controversial Korean FTA or so called Free Trade Agreement. The defense came after the heads of … Continue reading →

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Fuel Economy Regulations Risk Huge Job Losses, While Increasing Environmental Damage, CAR Study Predicts

Posted on 15 December 2010 by Ken Zino

This comes as the U.S. national unemployment rate hovers at an official 9.8%, which is an understated number since it doesn’t include under-employed, forced retirees or beaten down job seekers who are the victims of Republican ‘socialism and tax cuts for the rich’ policies.  Continue reading →

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AFL-CIO Rejects Korean FTA. New Trade Policy Called For

Posted on 10 December 2010 by Ken Zino

The proposed Korean Free Trade Agreement (FTA) with the U.S. should be rejected by the Congress because its investment and government procurement provisions will encourage “offshoring,” according to AFL-CIO President Richard Trumka. His statement came after the Detroit Three auto companies … Continue reading →

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Korean Free Trade Agreement gets UAW, Ford Support

Posted on 7 December 2010 by Ken Zino

Two of the biggest automotive opponents of the controversial Korean Free Trade Agreement – the Ford Motor Company and the UAW – have reversed their opposing positions following modifications late last week that keeps tariffs on Korean auto exports to the U.S. while eliminating them on U.S. automotive exports.
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U.S. Unemployment Rises to 9.8% in November

Posted on 3 December 2010 by Ken Zino

As the lame duck U.S. Congress bickers along partisan lines, unemployment rose to 9.8% in November. Continue reading →

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