President Obama today called for using $1.5 trillion in new tax revenue raised from the wealthy to pay for the American Jobs Act he proposed last week.
Home foreclosures grew sharply in August, a marked 33 percent increase after slowing to a trickle over the last year, making it the sharpest rise in four years.
As results for the first month of Gov. Rick Scott's "drug test the poor" law come in, only 2 percent test positive for illicit drug use. Conflict-of-interest questions also surfaced.
When it comes to income and net wealth, the years since 1983 have been a "lost generation" for all but the richest 5 percent of the U.S., say Larry Mishel and Heidi Shierholz of the Economic Policy Institute.
Big business has set up a new roadblock for the jobless: employers only consider hiring those who are already working, reported the AFL-CIO. In other words, the unemployed need not apply.
New Haven's youth unemployment rate reflects the Bureau of Labor Statistics' recent assertion that the national youth unemployment rate reached an all-time high this summer.
Tavis Smiley and Cornel West brought the last stop of their "Poverty Tour: A Call to Conscience" to Memphis, Tennessee. The location was chosen in recognition of Martin Luther King, Jr.'s support for sanitation workers and as the site of the National Civil Rights Museum.
The New Bottom Line campaign turned up the heat on the big banks responsible for billions of dollars in mortgage fraud.
With African American unemployment at over 16 percent, the Congressional Black Caucus has launched a series of public hearings and jobs fairs across the country during the month of August.
There's bad news for the nation's 14 million unemployed: Two top experts at the Economic Policy Institute say the jobs slump will continue.