The Philadelphia Unemployment Project says the region will lose tens of thousands of additional jobs due to the expiration of federal unemployment benefits for those already jobless.
December 28th is the date that the federal unemployment compensation program, started during the peak of the recession, is set to expire.
Four out of 5 U.S. adults struggle with joblessness, near-poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and an elusive American dream.
“The recession started over five years ago, and we still are not anywhere near recovered,” says John Dodds, executive director of the Philadelphia Unemployment Project.
Record numbers of young adults are completing high school, going to and completing college, according to new data from the US Census Bureau.
Head trauma in children has been on the rise in recent years which may add to previous research which links an increase in child abuse during times of economic instability.
The US Census Bureau reports that in 2010, more than 46 million people were living in poverty — an increase of 3 million in just one year, and a 27-year high.
Employers added 117,000 jobs last month — more than expected, but not good enough according to Gary Witt at Temple University’s business school.
The state lost about 400 jobs in May, according to the latest figures from the state Labor Department. That doesn’t sound like much, but it ended three straight months of growth in the Garden State.
Unemployment rates in the US are high for non-veterans, but they’re even higher for veterans returning from Iraq and Afghanistan.
The latest jobless numbers in the Garden State present what could best be called a mixed message.