Archive for July 16th, 2009 (older external links may be broken)

Thursday, July 16th, 2009 at 13:40 | Categories: Economy, Employment | Tags: , , ,
  • New jobless claims are lowest since January, July 16, 2009, New York Times: “The number of American workers filing new claims for jobless benefits fell sharply last week to the lowest level since January, the government said on Thursday, but the data was distorted by an unusual pattern of automotive industry layoffs that amplified the drop…”
  • Number of jobless in Mich. hits 740,000, By Louis Aguilar, July 16, 2009, Detroit News: The state’s nine-year battle with unemployment reached a bleak milestone in June, when the number of residents officially counted as jobless rose to 740,000.  That’s the highest monthly jobless total since 1976, when the state began using a new methodology for calculating labor figures, and helped push the state’s unemployment rate to 15.2 percent last month…”
  • State jobless rate rises; 740,000 out of work, By Barbara Wieland, July 16, 2009, Lansing State Journal: “Michigan’s unemployment rate, already the highest in the nation, rose another 1.1 percent in June. The Michigan Department of Energy, Labor & Economic Growth said Wednesday that the state’s June unemployment rate stood at 15.2 percent in June, up from 14.1 percent in May and 8.1 percent one year earlier. Michigan’s jobless rate is at the highest level since May 1983…”
    Thursday, July 16th, 2009 at 13:27 | Categories: Economy, Employment | Tags: , , , ,
    • Tracking the recession: Stimulus helps revive summer youth jobs programs, By Christine Vestal, July 14, 2009, Stateline.org: “School’s out and young job seekers across the country have a less-than-30-percent chance of finding work. For disadvantaged youths - high school dropouts, teen parents and minors with a criminal record - the odds are worse…”
    • Stimulus spending finally starts to trickle down, By David J. Lynch, July 13, 2009, USA Today: “In Indianapolis last month, a state government official named Jacob Sipe finally got the news he’d been anticipating. The U.S. Treasury had approved $164 million to finance affordable housing projects left paralyzed by the credit crisis, using funds from the Obama administration’s increasingly controversial fiscal stimulus…”
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