Posts tagged as:


Surprising many economists and pundits, who were expecting a jump in January, the jobless rate fell another 4 percent to 9 percent. Nevertheless, the economy only gained a net of 36,000 jobs across the United States, not nearly enough to sustain a health recovery or bring employment levels up to regular levels.

{ Comments on this entry are closed }

NEW YORK ( — Tens of thousands of low-income workers lost their jobs Thursday as a stimulus-subsidized employment program came to an end.

About a quarter of a million people in 37 states were placed in short-term jobs thanks to a $5 billion boost to the Temporary Assistance for Needy Families program, according to the Center on Budget and Policy Priorities. States used about $1 billion to provide subsidized employment, with the remaining funds going to cash grants, food programs, housing assistance and other aid.

Read full article at

{ Comments on this entry are closed }