January 5th, 2014
10:15 AM ET
9 months ago

White House warns Republicans against fighting economic fixes

Washington (CNN) – The President’s top economic adviser warned Republicans that threatening default on the debt limit was risking political peril.

The White House's Director of the National Economic Council told CNN's Candy Crowley on Sunday morning that Republicans not only risk doing irreparable damage to the economy if they were to risk the full faith and credit of the United States in another political showdown with the Obama administration, but they could also destroy their chances at the polls in November.

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Obama: Extend unemployment insurance
January 4th, 2014
09:16 AM ET
9 months ago

Obama: Extend unemployment insurance

(CNN) - President Barack Obama on Saturday called for bipartisan legislation to extend unemployment insurance, an all-important benefit for the longtime out-of-work.

"Just a few days after Christmas, more than 1 million of our fellow Americans lost a vital economic lifeline - the temporary insurance that helps folks make ends meet while they look for a job," Obama said in his weekly address.
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Filed under: President Obama • unemployment
January 3rd, 2014
02:32 PM ET
9 months ago

New year, same old fight over jobless benefits

(CNN) - Congress will start the new year with an old fight: whether to extend jobless benefits for 1.3 million long-term unemployed.

They expired last week when lawmakers failed to continue a 2008 recession-era federal law providing nearly a year of benefits, paid for by U.S. taxpayers, that kicked in when state jobless benefits ran out.

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Filed under: Congress • unemployment
Unemployment benefits expire, Dems vow to fight on
December 28th, 2013
01:52 PM ET
9 months ago

Unemployment benefits expire, Dems vow to fight on

(CNN) - Long-term unemployment benefits for 1.3 million Americans expired Saturday after Congress failed to pass an extension. Reinstating those benefits is expected to be one of the first priorities for congressional Democrats in the new year.

“Extending unemployment insurance is the right thing to do for millions of Americans who are trying to support their families,” Democratic National Committee chairwoman and Florida Rep. Debbie Wasserman Schultz said in a statement Saturday. “What makes matters worse, the loss of benefits comes just a few days after the holidays.”
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Filed under: Congress • unemployment
Unemployment benefits for 1.3 million expire Saturday
December 27th, 2013
01:09 PM ET
9 months ago

Unemployment benefits for 1.3 million expire Saturday

(CNNMoney) – Michelle Marshall is one of the 1.3 million long-term unemployed Americans who will lose unemployment benefits Saturday.

Marshall, 56, has been out of work for a year, since she lost an administrative assistant job that paid her $44,000 per year.

She started collecting $624 each week in New Jersey unemployment benefits, but the state benefits ran out after 26 weeks. When federal benefits kicked in, she collected $521.

But Marshall will stop getting these checks next week.

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Filed under: unemployment
Anti-GOP ads: Not so ‘Merry Christmas’ for unemployed
December 26th, 2013
01:11 PM ET
9 months ago

Anti-GOP ads: Not so ‘Merry Christmas’ for unemployed

(CNN) - The liberal nonprofit group Americans United for Change is using a new TV ad to accuse Republicans of ruining Christmas for the 1.3 million Americans whose unemployment benefits are about to stop.

“To the 1.3 million Americans losing benefits, Merry Christmas, from the GOP,” the ad says. The spot will run Thursday and Friday on national cable TV networks, including CNN, the group said.
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Filed under: unemployment
Rand Paul: Extending jobless benefits a 'disservice' to workers
December 8th, 2013
02:07 PM ET
10 months ago

Rand Paul: Extending jobless benefits a 'disservice' to workers

(CNN) - Kentucky Republican and potential 2016 presidential candidate Sen. Rand Paul said Sunday extending unemployment benefits past what the U.S. federal government has already paid would be a "disservice" to workers.

"I do support unemployment benefits for the 26 weeks that they're paid for. If you extend it beyond that, you do a disservice to these workers," he said, appearing on "Fox News Sunday."
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Filed under: Rand Paul • unemployment
Weekly addresses: Obama pushes jobless benefits extension, GOP slams health care act
December 7th, 2013
06:00 AM ET
10 months ago

Weekly addresses: Obama pushes jobless benefits extension, GOP slams health care act

(CNN) - President Barack Obama continued to put pressure on Republicans on Saturday to extend unemployment benefits while Republican Rep. Renee Ellmers of North Carolina heaped criticism on the Affordable Care Act.

Their comments came in weekly addresses.
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Filed under: Healthcare • President Obama • Renee Ellmers • unemployment
Unemployment falls to 7%
December 6th, 2013
08:46 AM ET
10 months ago

Unemployment falls to 7%

New York (CNNMoney) – Has the job market finally hit its stride? Hiring continued at a solid pace in November, and the unemployment rate fell for the right reasons.

The U.S. economy added 203,000 jobs in November. Economists surveyed by CNNMoney had predicted payroll gains of 183,000 jobs.

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Filed under: CNNMoney.com • Economy • unemployment
What shutdown? Jobs growth strong in October
November 8th, 2013
09:07 AM ET
11 months ago

What shutdown? Jobs growth strong in October

New York (CNNMoney) – What shutdown? Job growth unexpectedly surged in October, even as the federal government closed its doors for 16 days.

The U.S. economy added 204,000 jobs, according to the Bureau of Labor Statistics. That was well above economists' expectations. There was more good news about hiring during the late summer. Revisions showed an extra 60,000 jobs were created in August and September.

FULL STORY

Filed under: CNNMoney.com • Government Shutdown • unemployment
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