The United States added an impressive 295,000 jobs in February, and the unemployment rate fell to 5.5 percent. Other factors show that the economy still isn’t working for many Americans after the recession.
The unemployment rate in September was the lowest it has been in six years, according to new data from the Bureau of Labor Statistics, but wages still aren’t going up and some vulnerable populations still have high unemployment rates.
When Senate Democrats overcame a threatened filibuster of a bill to extend unemployment compensation, even they were surprised. But they’re not out of the woods yet.
Although the unemployment rate dropped to 8.1 percent, that may not be a good thing.
As Mitt Romney describes his plans for his administration, public workers — of whom women make up a large majority in many sectors — learn they will be left to fend for themselves.
The newest job numbers are a disappointment, but what’s more disappointing is how bad they could really get.
Last week, Senate Democrats proposed extending unemployment insurance by 14 weeks — with an extra six weeks for states with unemployment above 8.5 percent — only to have Republicans block the measure on the chamber floor.
Census data from 2008 show an increase in the number of women who have lost income, lost private coverage and are falling into poverty. The increase in the number of women without coverage stems from the continued erosion of private insurance –- primarily through the loss of job-based coverage–even before the worst of the economic crisis hit.