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>> UNEMPLOYMENT Latest News

5 HOURS AGO - San Francisco Chronicle

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Task force collects $15.6M in unpaid wages, taxes

Massachusetts Labor Secretary Rachel Kaprielian said the money included unpaid wages, back taxes, unemployment insurance premiums, fines and penalties. In April 2013, the U.S. Department of Labor ordered the company to pay workers $305,500 in back wages and permanently banned it from exploiting future workers.

Tags: Task force collects $15.6M in unpaid wages, taxes,  Unemployment Latest News

18 HOURS AGO - The Week

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Is inflation really picking up?

With the U.S. recovery strengthening — unemployment is now down to just 6.1 percent, a considerable reduction from its peak in 2009 of 9.9 percent, and only a few points away from the Federal Reserve's target of below 5.5 percent — some are saying that the Fed may be due to change course and raise interest rates. Unless the Fed ...

Tags: Is inflation really picking up?,  Unemployment Latest News

JUL 21, 2014 - The Week

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What the Fed haters don't get about interest rates

Ever since the financial crisis, the U.S. Federal Reserve and other central banks around the world have kept rates far below their historical averages. U.K. interest rates remain at 0.5 percent, American interest rates are less than that, and even Spain, Ireland, and Italy can borrow for under 3 percent. Central banks lowered rates to spur economic activity, jobs, and ...

Tags: What the Fed haters don't get about interest rates,  Unemployment Latest News

JUL 21, 2014 - NPR

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The Youth Unemployment Crisis Hits African-Americans Hardest

Hidden economic forces like job-specific segregation are keeping young minorities out of the job market.

Tags: The Youth Unemployment Crisis Hits African-Americans Hardest,  Unemployment Latest News

JUL 20, 2014 - San Francisco Chronicle

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Quinn, Rauner use jobs claims as campaign weapons

(AP) — Illinois Gov. Pat Quinn and Republican rival Bruce Rauner have both sought to use the state's jobs situation as a political weapon. "The bottom line, just as a matter of fact, is that there are more people working in Illinois today than there were when the governor took office," Quinn campaign spokeswoman Brooke Anderson said. While Rauner frequently ...

Tags: Quinn, Rauner use jobs claims as campaign weapons,  Unemployment Latest News