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Category: Economy


Cutting health-care spending the old-fashioned way

- January 30, 2012

When unemployment rises, people lose health insurance. They see doctors less often; they put off elective surgery; they cut back on drugs. Even people with insurance behave similarly, because their pay may be down, they worry about job security or they...

Blaming the Victim: Are the Unemployed Just Lazy or Defective?

- January 10, 2012

The current impasse between the House and Senate on extending the payroll tax cut and extended unemployment benefits is partly about differing views of unemployment. House Republicans want to show the unemployed some tough love to get them off the...

Firing Fades Without Hiring as Obama Pushes Payroll Tax Cuts

- December 23, 2011

At 8.6 percent in November, unemployment has fallen 1.5 points from a 26-year high of 10.1 percent in October 2009. By contrast, claims for jobless benefits, which track staff cuts, have decreased 40 percent since peaking at an average 652500 in the...

The Fire Bell of Unemployment

NY Times - December 7, 2011

Among them are comprehensive job search assistance and re-employment bonuses. The stakes are very high here, and they are not just economic. As anger rises in today´s economy, I´m reminded of Thomas Jefferson´s words about the danger of “angry...

U.S. economy added 80,000 jobs in October, fewer than expected

Los Angeles Times - November 28, 2011

The slow pace of growth raises concerns about the nearly 14 million unemployed Americans who could be cut off from unemployment benefits by the end of this year. One-third of the 6 million people receiving unemployment insurance will be cut off from ...

Super committee: Let Bush tax cuts expire and your work is done

Inside Tucson Business - November 22, 2011

On the other hand, programs like unemployment compensation make for efficient stimulus, because the least well off spend those cash benefits quickly, pumping needed funds into the economy. Doing away with the Bush tax cuts for the wealthiest Americans...

Pay the Young to Build the Future

IEET - September 23, 2011

As they do, younger people will learn new skills from their older colleagues. Older workers who have survived the bruising experience of long-term unemployment will feel the pride and satisfaction that comes from passing on your skills to others. A plausible career plan for all ages?...

Grim local job market threatens to create two-tier society

Register Guard - September 12, 2011

This country wide phenomenon is affecting career plan success of citizens young and older.... young people looking for their first job and older workers looking to re-enter the labor force after a prolonged absence. Today, this circumstance is increasingly encompassing workers who should be in the prime of their careers...

Govt. benefit cuts imperil recovery

Michigan Messenger - September 6, 2011

As the federal government and most states make deep cuts in the economic safety net — food stamps, Medicaid, job search help, etc. — and more and more people exhaust their unemployment benefits, the nation´s fragile economy...

Obama Says Attention of Congress Must Turn to Boosting Jobs

Bloomberg - September 5, 2011

Obama renewed calls for Congress to pass pending free trade agreements, approve a tax credit for companies hiring veterans, extend the temporary payroll tax cut for workers and unemployment benefits and support infrastructure loans.“We’ve got to rebuild this economy and the sense of security that the middle class has felt slipping away for years,” the president said in his weekly radio and Internet address....

Citizens First, Consumers Second

Huffington Post - August 30, 2011

Are you aware that for the first time in history nearly all the productivity gains are going to Corporations rather than workers? And that older workers were able to hang on to their jobs more successfully than younger workers in the downturn? This data comes from the Bureau of Labor Statistics and an interview with Professor Andrew Sum. Sum´s back-to-basics advice to kick start job creation is straightforward...

Fragile Economy Keeps Older Workers From Retirement

Bloomberg - August 29, 2011

What older worker is more likely to be able to follow the same career plan after 60, high paid white collar or lower paid service industry workers...

What To Do About The Terrible Job News

Forbes.com - August 17, 2011

I think it´s an apt thought for older workers looking for jobs right now, who are feeling “a little bit of scared.” We must believe what Hamilton says is true. I do. “June was a dismal month for older workers with respect to unemployment,"....Hannon´s article is packed full of relevant career plan and job coaching ideas. Don´t miss it...

Efforts To Solve Debt Crisis May Affect Medicaid Funding

Kaiser Health News - August 9, 2011

... Medicaid to unemployment benefits. ... Excerpts from the L.A. Times, New York Times, Wall Street Journal and more illustrate the current status of medicaid and unemployment benefits perils in the current budget talks.Governors in both parties said they were most worried by....How would these cuts effect your career plan?...

Instead of unemployment benefits, offer a ‘signing bonus’

Washington Post - August 1, 2011

Here´s a simple idea to cut unemployment that won´t cost the government any more money: turn unemployment benefits into a signing bonus..... Is there really any way this ploy would help someone with good career plan, resume skills and motivation find a job faster? Not unless they can also create new jobs. What do you think?...