More Jobs but Workers Spend More Time Jobless
Here are a few items worth noting today.
* Kudos to union members in West Virginia who successfully pushed the state’s legislature to adopt a resolution creating Labor History week following Labor Day. Just last month, Wisconsin union activists succeeded in their years-long effort to get the state legislature to make labor history part of the state’s public education standards.
* From the Campaign for America’s Future: Huffington Post’s Art Delaney highlights expiring stimulus program that could cost 100,00 jobs: “…more than 100,000 people…will lose their jobs by September unless Congress extends a stimulus bill provision that gives states funding to create jobs programs for low-income parents and young adults….”
* A laid-off worker now spends nearly five months unemployed, longer than any other time on record, according to the Economic Policy Institute (EPI).
* In the “here’s how hard up we are for good news about jobs” category: The ratio of job seekers per job opening dropped from six to one in December to 5.4 in January. How sad is it that this is good news?
