New York (CNNMoney) - Raising the federal minimum wage would boost the incomes of most low-wage workers but result in job loss for some, according to an analysis released Tuesday.
The Congressional Budget Office estimates that gradually raising the minimum wage to $10.10 an hour would reduce total employment by about 500,000 workers, or 0.3% of the workforce.FULL STORY
Washington (CNN) – Republican leaders were quick to criticize President Barack Obama over the January jobs report.
"The American people continue to ask 'where are the jobs?' and the president clearly has no answers. Republicans do," said House Speaker John Boehner in a statement released a few minutes after the Labor Department announced the January jobs figures.
Washington (CNN) - Republicans have once again blocked an extension of benefits intended to aid the long-term unemployed.
Thursday's vote in the Senate was third time Democrats have attempted unsuccessfully to pass legislation intended to help some 1.7 million people who have had their benefits cut off since the recession-era program expired on December 28.FULL STORY
Updated 8:21 p.m. ET, 1/14/2014
(CNN) – Senate passage of long-term unemployment benefits appeared in doubt on Tuesday following the failure of two procedural votes, leaving the fate of emergency government assistance to more than 1 million people in limbo.
The votes come after fits and starts in negotiations involving Senate Majority Leader Harry Reid and eight Republican Senators.
Updated 8:46 p.m. ET, 1/13/2014
Senate leaders postponed a key procedural vote on Monday on a proposal to extend long-term unemployment benefits for more than 1.3 million Americans.
Senate Majority Leader Harry Reid said he would delay votes until Tuesday afternoon so that bipartisan talks aimed at reaching a compromise could continue.
(CNN) - A compromise Senate plan to pay for the cost of extending unemployment benefits ran into resistance Thursday from a group of Republicans whom the agreement was supposed to attract.
Those GOP senators, who had provided critical votes to Democrats to begin debate on the bill, said they wanted to make changes to the offsets and offer other amendments.
Washington (CNN) – Bipartisan negotiators are nearing an agreement on extending emergency unemployment benefits in a way that Democrats hope will satisfy Republican demands to offset the cost, a source close to the negotiations told CNN.
The source said discussions center around extending the emergency benefits through November of this year at a cost of $18 billion.
Washington (CNN) – As a push to extend unemployment benefits for the long-term unemployed faces an uncertain future in Congress, a new national poll indicates majority support for a three-month extension.
(CNN) - The prospects for passing an extension of benefits for the long-term unemployed got significantly worse Wednesday after two Republican senators who voted with Democrats earlier this week said they will pull their much-needed support unless Democrats come up with a way to pay for the $6.4 billion bill.
Without the votes of Sen. Rob Portman of Ohio and Sen. Kelly Ayotte of New Hampshire, who voted on Tuesday to begin debate on the bill, Democrats won’t be able to get over a 60 vote threshold needed to break a GOP filibuster and end debate on the measure, which would extend the benefits for the next three months.
Washington (CNN) – President Barack Obama Tuesday amplified his calls for extending emergency unemployment benefits for millions of Americans, saying that passing the measure should be Congress' "first order of business in 2014."
The President made his comments less than an hour after a bill that would provide benefits to 1.3 million Americans for three months cleared its first hurdle in the Senate.