Browsing the "jobs" Tag

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Another 2.1 million seek unemployment benefits. The Coronavirus Recession will stick it to millennials

The Department of Labor reported Thursday that yet another 2.1 million Americans, on a seasonally adjusted basis, applied for initial state unemployment benefits in the week that ended May 23. Counting these new applications makes for a total of 40.5 million workers who have filed for initial benefits over the past 10 weeks. Add in the millions of Americans who are receiving […]

May 29th

Data: As another 2.4 million file new unemployment benefit claims, economists project years-long impacts

The Department of Labor reported Thursday that 2.38 million workers filed new claims for unemployment benefits in the week ending May 16. That brings the total count for the past nine weeks to a seasonally adjusted 38.3 million. Add to this the unprecedented 4.8 million that the government defines as having left the labor force in the past two months—but who say they want a job. […]

May 21st

As we move away from oil and coal, ensuring a fair transition for US fossil fuel workers

Long before the coronavirus (COVID-19) hit and oil prices collapsed, the U.S. fossil fuel industry and its workers were vulnerable. Threats included increasing cost-competitiveness of renewable energy compared to fossil fuels, investor concerns about financial risks and stranded assets, and a changing policy landscape (at state and local levels at least) seeking to meet decarbonization […]

Labor and green groups ask California to protect people, not polluters

A coalition of 100 labor and environmental groups has  sent a letter asking California Governor Gavin Newsom and California State Legislators to “protect people and not polluters” during this unprecedented coronavirus pandemic. By Dan Bacher The letter was issued at time when Newsom has showed increasing signs of caving to the fossil fuel industry. As oil prices crashed to below zero at one point […]

May 19th

Eight-week Coronavirus unemployment total: 36.5 million (and that’s just those who can apply for benefits)

As expected, the Department of Labor Thursday announced another tsunami of new claims for unemployment insurance benefits, a seasonally adjusted 2.98 million of them in the week ending May 9. That is slightly less than the previous week’s tally. But since coronavirus-related layoffs began in the second week of March, 36.5 million people have made new benefit claims. By […]

May 14th

Trump beats Obama – US lost twice as many jobs in April than the entire Great Recession

Each month, Automatic Data Processing Inc., which handles payrolls for about a fifth of U.S. private employment, releases its job report two days before the government’s Bureau of Labor Statistics announces its own findings for both private and public sector jobs. ADP reported Wednesday that non-farm private sector employment fell by 20,236,000 last month. That’s a horrendous number. But […]

May 7th

Top 3 reasons to invest in renewable energy NOW (yes, right in the middle of the coronavirus pandemic

As the human tragedy of the COVID-19 pandemic worsens, global restrictions to stop the spread of the virus — including stay-at-home orders, business closures and travel prohibitions — may contribute to the worst economic downturn since the Great Depression. The virus has already made an indelible impact on the energy sector: Global energy use is predicted to fall […]

Millions of new claims for unemployment benefits push the jobless rate to 20%

To nobody’s surprise, the Department of Labor reported Thursday that another 4.4 million Americans filed new claims for unemployment benefits in the week that ended April 18. That brings the seasonally adjusted new claims for the past five weeks to 26.3 million. That’s one out of six American workers. Add in the 5.8 million people who were already out of work when the massive […]

April 23rd