There are legal restrictions that make hiring and firing a litigator’s paradise. There are high payroll taxes that vastly increase the cost of new works. There are minimum wage laws, labor union privileges and “child” labor laws that cartelize the workplace to benefit the few at the expense of the many.
Post Tagged with: "long term unemployment"
July 25, 2011 07:25
2 Million 99ers Scream Hard Recovery for The Jobless
[M]ore than two million Americans have been out of work for 99 weeks or longer. [T]his is the first time since the 99 week statistic has been tracked by the BLS that it has exceeded the two million mark.
March 7, 2011 09:03
Gallup Survey Shows Unemployment Rate at 10.3% and Rising, BLS Says 8.9% and Falling
[C]ritical budget issues affect states, and Congress is poised to cut spending. Together with rising oil prices on a supply shock, possible European interest rate hikes, a cutoff in Quantitative Easing, forced cutbacks in China due to overheating, and a stock market that is priced well beyond perfection, the best one can say is that risks are hugely skewed to the downside, both for the stock market and the unemployment picture.
December 28, 2010 10:37
The Shattered American Dream: Unemployed Workers Lose Ground, Hope, and Faith in their Futures
A new survey of unemployed American workers documents dramatic erosion in the quality of life for millions of Americans.
