We live under the false notion in the United States that if we just assert ourselves into the situation we can control the out come. This notion isn't new, we can look at Egypt as a classic case of national overconfidence. Between the 16th century BC and the 11th century BC, the new kingdom of Egypt, also referred to as the Egyptian Empire is the peak of Egyptian power. While the fall of Egypt was gradual compared to other nations, we all know by 1882 the British occupation began and didn't end until 1953. Like other powerful nations before Egypt, Egypt tried to do too much with limited power, even though at a time they were the most powerful nation in the world Read more
Four days before the 2012 Presidential election one enduring mantra from both candidates has been “jobs, jobs, jobs.” With unemployment in the U.S. hovering around 8%, the big question is how to get people back to work. Ro Khanna, a former Deputy Assistant to the U.S. Department of Commerce under the Obama administration, argues that U.S. manufacturing is integral to putting Americans to work and for the general welfare of the nation. His new book, Entrepreneurial Nation: Why Manufacturing is Still Key to America’s Future, delves into the state of manufacturing in the U.S. today, why manufacturing is crucial to the U.S. future, and what policies the country should aim for to strengthen the manufacturing sector. Khanna elucidates his points by using real world manufacturing case examples from his time as a Deputy Assistant. Read more
Patience; this is what I have been recommending all along. The economy has been improving for a while now, the stock market has recovered and making money, and now Americans are going back to work.
It was just reported, unemployment fell for September to its lowest number since January 2009. There were 114,000 jobs added in September, and 86,000 more jobs were added in July and August than originally reported.
This is of course, good news for the Obama Campaign and it should turn the election even more in his favor. Mitt Romney’s job to convince Americans that Obama does not know what he’s doing when it comes to the economy, just got a lot more difficult. Read more
Anyone who reads my blogs, know I’m liberal and I’m supportive of most liberal causes. But there are a few things I’m not liberal about and one of those is Welfare. Don’t get me wrong; I’m supportive of general relief, meaning a very temporary program to help those who fall between the cracks.
I do mean temporary though; not a few years or even a few months – a month or two at the most. After that money is gone, then I believe we should have a government provided work program that offers a low wage community based jobs program to any able-bodied person who needs help. Read more
February employment in the private sector rose by 217,000 according to an Automatic Data Processing report. Service sector employment rose 202,000, while employment in the goods-producing sector rose 15,000. The company revised its January report slightly, up to a gain of 189,000 from 187,000.
The Federal government will report its February non-farm payroll numbers on Friday, and economists are expecting a gain of 200,000 jobs for an official unemployment rate of 9.1%.
It’s not official yet, but it appears that Democrats and Republicans in Congress are on the verge of striking a deal on extending the payroll tax holiday and unemployment insurance benefits. While the payroll tax holiday would be continued in its current form under the deal, the policies governing extended unemployment insurance for the would change significantly. Read more
The Politicus is looking for people who are either out of work or under employed to participate in our webcam documentary about joblessness in American. The process to participate is simple. First, sign up to the site here http://thepoliticus.com/user/register and then log on. Once you have logged on go to the “VIDEOS” tab on the menu bar and mouse over it for the drop down to “UPLOAD VIDEO” to appear. Click “UPLOAD VIDEO” and a video submission box will appear, select webcam (on the left) then select your computers webcam to activate and click record.
WHAT WE WANT TO HEAR:
We want to hear about your day. What jobs you applied for, do you feel optimistic about the future. Just a typical day in your life as you try to find employment or a higher paying job then you currently have. This is your opportunity to tell us what realities you face on a day to day basis in your job search.
WHAT WE WILL DO WITH THE FILM:
The Politicus will submit the finish product to The Documentary Channel and will alert all selected participates of the progress of the film. We will also have an event for all participants in NYC for a meet and greet. Timing and location is TBD Read more
WASHINGTON - The number of newly laid-off workers seeking unemployment benefits fell for the third straight week, evidence that layoffs are continuing to ease in the earliest stages of an economic recovery.
The Labor Department said Thursday that initial claims for unemployment insurance dropped to a seasonally adjusted 530,000 from an upwardly revised 551,000 the previous week. Wall Street economists expected claims to rise by 5,000, according to a survey by Thomson Reuters. Read more
Swimming Through the Middle of the Recession
By Martha Randolph Carr Read more
With unemployment on the rise many Americans are taking a second look at military service. The U.S. military is one of the few places people can feel secure knowing their medical benefits and wages will not be cut. If you’re looking for job security the military may be one of the few good options left for many Americans.
A new report showed that not only is the military exceeding it's new recruit goals, they are also exceeding there reenlistment goals. For example, the Army reported reenlistments at plus 14% versus last year.