Chicago Fed calls for action to reduce unemployment
By Nicolas Mendoza |
11.16.11 | 7:08 am
The Chicago Federal Reserve has been the lone dissenting voice in favor of stimulating the economy through monetary policy.
Unemployment - Latest Stories
Minnesota employment stagnant for second month
By Jon Collins |
09.15.11 | 10:33 am
The state has lost 2,600 government jobs so far this year.
Protesters decry Wells Fargo political affiliations
By Sam Lane |
08.11.11 | 7:25 am
Protesters at a Wednesday Minnesotans for a Fair Economy rally outside Wells Fargo’s Minneapolis office donned huge puppet masks bearing the faces of Reps. Michele Bachmann, John Kline and Erik Paulsen, claiming they’re killing jobs and refusing to give up their “piece of the pie.”
Jobs report: 117,000 new jobs, but more people left labor force
By Luke Johnson |
08.05.11 | 10:02 am
The Bureau of Labor Statistics released its jobs report for July Friday morning, finding that 117,000 new jobs were created and the unemployment rate dropped very slightly from 9.2 percent to 9.1 percent. However, more people left the labor force than jobs were created.
Bachmann, Ellison, McCollum vote ‘no’ on tax cut, unemployment package
By Andy Birkey |
12.17.10 | 9:11 am
The U.S. House passed the tax cut compromise proposed by President Obama on Thursday night, splitting Minnesota’s congressional delegation in strange ways. Staunch conservatives and liberals voted together, albeit for different reasons. The majority of ‘no’ votes came from Democrats.…
Minneapolis Fed: Employment to grow, unemployment flat in 2011
By Andy Birkey |
12.17.10 | 8:00 am
The Minneapolis Federal Reserve officials said Thursday that the region can expect an increase in employment and little change in unemployment rates in 2011. Businesses in the region are optimistic about an economic recovery, they added, and the Fed’s model…
Franken, Klobuchar back unemployment extension/tax-cut compromise
By Andy Birkey |
12.14.10 | 10:00 am
Supporters of President Obama’s tax cut compromise with GOP Senate leadership defeated a threatened filibuster by mostly liberal Democrats through the use of cloture Monday evening. Minnesota Democratic Sens. Al Franken and Amy Klobuchar were among those voting for cloture. The bill could see an up or down vote as soon as today. Klobuchar said she voted to advance the bill because of the middle-class tax cuts contained in it. Franken said he supports the measure reluctantly, citing an extension of unemployment benefits as a key reason for his support.
Bachmann: Obama ‘flat out lied’ over tax cuts for the wealthy
By Andy Birkey |
12.09.10 | 9:10 am
Rep. Michele Bachmann told radio host Mark Levin on Tuesday that President Obama “flat out lied” during his press conference on the tax cut plan he’s negotiating with Republicans. The 6th District Republican seemed to take issue with Obama’s assertion that Republicans oppose tax cuts for the middle class — the party voted against them in the House last week because the Democrats didn’t include a tax cut for the nation’s wealthiest — and said Obama’s speech was “highly partisan, bitter, angry.”
Bachmann, McCollum oppose Obama tax plan
By Andy Birkey |
12.07.10 | 12:42 pm
Despite coming from opposite ends of the political spectrum, Reps. Michele Bachmann and Betty McCollum have found something to agree on: that President Obama’s compromise with Republicans over tax cuts is a bad idea. McCollum said that the plan does little to help middle-class families, while Bachmann complains that an extension of jobless benefits will add to the deficit. Rep. Keith Ellison, as part of the Congressional Progressive Caucus, also weighed in on the measure.
Unemployment extension passes U.S. House
By Annie Lowrey |
07.22.10 | 2:05 pm
The U.S. House just passed an extension of federal unemployment benefits, as the U.S. Senate did Wednesday night. The bill now moves on to President Barack Obama, who will likely sign the benefits into law today or tomorrow
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